Economic Situation

Date: 2016-01-13, Source: , Total Visits :

Economic Development 

In 2014, the GDP of Dongying City reached 343 billion yuan, ranking it 47th in China. Local fiscal revenue amounted to 20.6 billion yuan; the per-capita disposable income of urban residents reached 36,940 yuan; the per-capita rural net income stood at 14,456 yuan; and its urbanization rate has reached 64%. The city’s social security level is now leading the cities of Shandong Province. 

In 2014, the number of industrial enterprises with annual revenue of 20 million yuan or more from their main business operations was 921. The profits from their main business operations were 1.3 trillion yuan. There are 606 enterprises with revenue from their main industrial business operations over 100 million yuan, among which 27 enterprises were over 10 billion yuan, and five were over 30 billion yuan, namely Fangyuan, Huatai, Haike,Dahai, Wanda , Lihuayi and Jinling. 

The value of exports and imports totaled 13.256 billion USD in 2014, of which imports were 7.161 billion USD and exports were 6.095 billion USD.

At the end of 2014, the cumulative amount of foreign capital totaled 2.4 billion USD. A number of internationally renowned enterprises have invested in Dongying City, including Stora Enso, Schlumberger, Marubeni, Air Liquide, Solvay, Lotte and China Resources.

Leading Industries

Petrochemicals: There are 119 chemical enterprises with annual revenue of at least 20 million yuan from their main business operations in Dongying. Their industrial output value totaled 370.94 billion yuan and revenue from their main business operations reached 371.86 billion yuan in 2014.

Rubber Tire Manufacturing: There are 76 rubber tire manufacturers with annual revenue of 20 million yuan or more from their main business operations in Dongying. Their industrial output value totaled 175.28 billion yuan and revenue from their main business operations reached 173 billion yuan in 2014. Guangrao County of Dongying City was recognized as the “Export Base of Rubber Tires in China” by the China Chamber of Commerce of Metals, Minerals and Chemicals Importers and Exporters. 

Petroleum Equipment Manufacturing: There are 111 petroleum equipment manufacturers with annual revenue of 20 million yuan or more from their main business operations in Dongying. Their industrial output value totaled 93.43 billion yuan and revenue from their main business operations reached 89.95 billion yuan in 2014. Dongying District of Dongying City was recognized as the “Base of Petroleum Equipment Manufacturing in China” by China Association of Plant Engineering. 

Non-ferrous Metals Smelting Industry: There are 13 non-ferrous metals smelting enterprises with annual revenue of 20 million yuan or more from their main business operations in Dongying. Their industrial output value totaled 112.79 billion yuan and revenue from their main business operations reached 112.75 billion yuan in 2014.

Salt Chemicals: There are 26 salt chemicals enterprises with annual revenue of 20 million yuan or more from their main business operations in Dongying. Their industrial output value totaled 50.05 billion yuan and revenue from their main business operations reached 55.55 billion yuan in 2014. Kenli County of Dongying City was recognized as the “Export Base of Fine Chemicals in China” by the China Chamber of Commerce of Metals, Minerals and Chemicals Importers and Exporters.  

Automobile and Auto Parts: There are 30 automobiles and auto parts manufacturers with annual revenue of 20 million yuan or more from their main business operations in Dongying. Their industrial output value totaled 30.97 billion yuan and revenue from their main business operations reached 30.89 billion yuan in 2014.


Produced By 大汉网络 大汉版通发布系统