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The 16th Yantai Municipal People's Congress begins
Updated : 2016-02-19
(chinadaily.com.cn)
![](http://subsites.chinadaily.com.cn/shandong/yantai/img/attachement/jpg/site1/20160219/286ed488c81618312a7510.jpg)
Yantai delivered a strong performance in its 12th Five Year Plan. Its GDP grew at an average annual rate of 10 percent, and exceeded 600 billion yuan ($92 billion) in the past five years. The GDP reached 644.61 billion yuan ($98.88 billion) in 2015, which means that the per-capita GDP in Yantai has been 1.6 times than it in five years ago, reaching middle-income countries' level.
![](http://subsites.chinadaily.com.cn/shandong/yantai/img/attachement/jpg/site1/20160219/286ed488c81618312a7e11.jpg)
In the past five years, Yantai's per capita disposable income of urban residents has reached 35,907 yuan ($5,508), rising 10.6 percent on annual average and rural residents reached 15,540 yuan (2,378), rising 12.8 percent on annual average.