The start of construction in Spring of 320 major industrial projects in Zibo city – located in East China's Shandong province – was celebrated on Feb 25.
The prefecture-level city of Zibo is understood to strive to achieve a breakthrough in 2022 in the switchover from old to new economic drivers, in order to power up its industrial development to new heights.
The city of Zibo, located in East China's Shandong province, on Feb 18 announced its 2022 goals – including the target for annual growth of regional GDP of 7 percent, breaking through the 700 billion yuan ($110.46 billion) band for the first time.
The city of Zibo, located in East China's Shandong province, plans to achieve steady economic growth by expanding demand in 2022, according to a recently released municipal government report.
The prefecture-level city of Zibo recently witnessed the trade dividends stemming from the coming into force of the Regional Comprehensive Economic Partnership, or RECP, at the start of the year.
The 13th Zibo Municipal People's Congress was held on Feb 12, with Jiang Duntao, Party secretary of Zibo city delivering a report on the government's performance in the past five years and setting out ambitious development targets for the next five years.
Qilu China-Europe freight trains – departing Zibo city province and bound for Europe and Central Asia – experienced a breakthrough in the total trips made in 2021, local authorities said on Feb 10.
The gross domestic product or GDP of Zibo totaled 420.06 billion yuan ($66.03 billion) in 2021, for year-on-year growth of 9.4 percent, local authorities said on Jan 28.
