This year, the overall economic performance of Tai'an, Shandong has remained stable, showing a steady upward trend and quality enhancement in the first eight months of the year.

From January to August, the added value of industrial enterprises above a designated size in the city increased by 8.6 percent year-on-year. The city's key industries have shown strong momentum with electrical machinery and equipment manufacturing growing 17.2 percent, pharmaceutical manufacturing 23.5 percent, coal mining and washing 10.3 percent, and chemical raw materials and chemical product manufacturing 9.9 percent.

During that period, the city's fixed asset investments increased by 6.5 percent year-on-year. The proportion of industrial investments in total investment was 42.9 percent – an increase of 6.4 percentage points compared to the same period last year. The optimization and acceleration of new kinetic energy investment have been enhanced, and investment in high-tech industries increased by 33.4 percent, accounting for 43.1 percent of industrial investment.

The consumer market has expanded and improved in quality, with a slight recovery in consumer spending. From January to August, retail sales of enterprises above a designated size reached 29.59 billion yuan ($4.19 billion), an increase of 12.9 percent year-on-year. The accommodation and catering industry continued to grow. From January to August, the operating revenue of the city's designated accommodation and catering businesses increased by 9.9 percent and 26.9 percent respectively.

Tai'an has focused on developing an outward-oriented economy, and its foreign trade grew rapidly from January to August. The city has launched a new round of cross-border trade promotion actions, brought over 100 companies to domestic and international exhibitions, expanded overseas markets, and promoted rapid growth in foreign trade. From January to August, the city's total import and export volume reached 35.72 billion yuan, an increase of 30.4 percent year-on-year. Among them, the total export volume was 31.09 billion yuan, an increase of 32.3 percent, while the total import volume was 4.62 billion yuan, an increase of 18.4 percent.