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Zibo's economy expands since China's reform, opening-up

zibo.gov.cn| Updated: December 28, 2021

In 2020, the GDP of Zibo was 367.35 billion yuan ($57.71 billion), ranking it seventh in Shandong.

The gross regional domestic product per capita was 77,510 yuan, while the general public budget revenue reached 32.15 billion yuan.

For the past few years, Zibo has accelerated its transformational development from a traditional industrial city, constantly expediting its industrial structural adjustment, with the ratio of three times of its industrial structure adjustment of 4.3:48.4:47.3.

Zibo now boasts enormous industrial strength. By 2020, there were 1,729 large-scale industrial enterprises in Zibo, generating combined prime main operating revenue of 447.53 billion yuan.

There are currently 29 listed companies based in Zibo, with 26 listed on domestic stock exchanges. The Shandong Equity Transaction Center is located in Zibo, on which 4,484 enterprises are listed, 4,775 ones are trusted and 10,413 ones are displayed.

Key listed enterprises include Jinjing Science and Technology Stock Co Ltd, Shinva Medical Instrument Co Ltd, Shandong Bohui Paper Industrial Co Ltd, Jinling Mining Co Ltd, Shandong Dongyue Chemical Co Ltd, Shengli Steel Pipe Co Ltd, Luthai Textile Co Ltd, Zibo Qixiang Tengda Chemical Co Ltd, Shandong Qifeng Special Paper Co Ltd, Shandong Jincheng Pharmaceutical & Chemical Co Ltd, Shandong Blue Sail Medical Co Ltd and Intco Medical Co Ltd.

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An exterior view of the Zibo New Material Transaction Center. [Photo provided to zibo.gov.cn]