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Qingdao county-level cities named best investment destinations

(chinadaily.com.cn) | 2022-01-11

Jiaozhou and Pingdu, two county-level cities in Qingdao, won the title of "China's top 10 best cities and counties for investment in 2021" at the second Global City Investment Promotion Conference, which was held on Jan 10 in Haikou, South China's Hainan province.

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The Jiaozhou Bay Bridge spans 42.23 kilometers in Qingdao, Shandong province. [Photo/IC]

Based on a comprehensive evaluation of six indicators, including location, economy, human resources, investment environment, degree of internationalization and living standards, "China's top 10 best cities and counties for investment" is a reflection of the investment potential and development trends of counties and cities across the country, according to organizers.

In the first three quarters of 2021, the GDP of Jiaozhou was 104.51 billion yuan ($16.39 billion), a year-on-year increase of 14.2 percent. The added value of producer services was 25.78 billion yuan, up 16.23 percent, while the revenue of other for-profit services was 2.67 billion yuan, up 56.4 percent.

In the first three quarters of 2021, Pingdu's GDP reached 58.9 billion yuan, up 11 percent year-on-year. The added value of the primary industry was 9.07 billion yuan, up 7.3 percent; the added value of the secondary industry was 22.07 billion yuan, up 16.3 percent; and the added value of the tertiary industry was 27.76 billion yuan, up 8.5 percent.