National economic and social development statistics of Weihai in 2018

In 2018, the city's GDP reached 364.148 billion yuan, up 6.7%. The added value of the primary industry was 28.121 billion yuan, up 2.6%; The added value of the secondary industry was 160.120 billion yuan, up 5.6%; The added value of the tertiary industry was 175.907 billion yuan, an increase of 8.3%. The proportion of the three industries was 7.7:44.0:48.3.

At the end of the year, there were actually 305,521 market entities, an increase of 12.9%, including 53989 newly registered market entities, an increase of 6.0%. The registered capital is 647.567 billion yuan, up 14.5%.

The added value of agriculture, forestry, animal husbandry, fishery and service industry increased 2.8%. By the end of the year, there were 393 leading enterprises of agricultural industrialization above the above designated size, among which, there were 10 national-level, 58 provincial-level and 148 municipal-level enterprises.

The industrial added value of the enterprises above designated size increased 6.0%, 0.8% higher than the provincial average. Among them, the added value of joint-stock enterprises increased by 5.8%, and that of foreign-funded enterprises, Hong Kong, Macao and Taiwan invested enterprises increased by 2.4%. The value added of light industry and heavy industry increased by 7.6% and 1.3% respectively. Among the 37 industry categories, 19 achieved growth. The main business income of industrial enterprises above designated size was basically the same as that of last year with a profit increase of 6.8%.

The added value of the city's service industry accounted for 48.3% of the city's GDP, an increase of 1.0%. The contribution of the service industry to the city's economic growth was 57.7%, 17.9% higher than that of the secondary industry, making it a powerful engine for economic growth

Investment in fixed assets grew by 7.5%, with primary industry down 14.4%, secondary industry up 0.3% and tertiary industry up 17.5%. The investment proportion of primary, secondary and tertiary industries is 1.0%, 52.3% and 46.7% respectively. The real estate market continued to be active, with the investment of 34.527 billion yuan, up 25.4%, 11.6% higher than the provincial average.

The total retail sales of consumer goods increased 10.1%. The consumption potential of residents continued to be released. The per capita consumption expenditure of all residents was 23690 yuan, ranking the third in the province.

The total import and export volume of foreign trade in the whole year was 139.196 billion yuan, down 1.2%, of which 91.383 billion yuan was exported, up 6.8%; 47.813 billion yuan was imported, down 13.5%. Domestic enterprises accounted for 66.3% of imports and exports, and foreign-invested enterprises accounted for 33.7%. General trade accounted for 64.3%, processing trade for 33.6% and other trade for 2.2%.

Last year, 235 new foreign-funded projects were approved. Contractual foreign investment was $1.263 billion, up 24.3%. Foreign investment in actual use reached $856 million, up 5.5%.  The foreign investment in the first, second and third industries accounted for 4.7%, 76.0% and 19.3% respectively of the total foreign investment.

23 new overseas enterprises (institutions) were approved to set up last year with a total investment of 6.437 billion yuan, up 6.3%. The turnover of overseas contracted projects reached 6.482 billion yuan, down 2.2%; A total of 10,656 contract workers were sent abroad, down 15.9 percent.

Domestic funds utilized in the year reached 108.881 billion yuan, up 12.0%.