In the wake of the hugely important Regional Comprehensive Economic Partnership international agreement that came into effect on Jan 1, the city of Jinan moved quickly.
The city of Zibo in East China's Shandong province is striving to develop its top four industries – new materials, intelligent equipment, new medicine and electronics information.
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.
In 2020, Zibo's urban and rural residents' disposable incomes per capita were 46,415 yuan and 20,891 yuan, respectively, with year-on-year increases of 2.6 percent and 4.9 percent.
The import and export revenue of the city of Zibo topped 109.7 billion yuan ($17.2 billion) in January to November, according to a news conference held on Dec 20.
A project launch ceremony and investment promotion event for the fourth quarter of 2021 was held on Nov 16 in Zibo.
Sixty-nine time-honored brands and intangible cultural heritage enterprises will attend the 4th CIIE, which is slated to be held from Nov 5 to 10 in Shanghai.
Six companies based in East China's Shandong province are expected to be among the first group of enterprises that will be listed on the Beijing Stock Exchange, which China announced on Sept 2 to set up, local media outlets reported.
