The prefecture-level city of Zibo – located in East China's Shandong province – recently witnessed the trade dividends stemming from the coming into force of the Regional Comprehensive Economic Partnership, or RECP, at the start of the year.
The 13th Zibo Municipal People's Congress was held on Feb 12, with Jiang Duntao, Party secretary of Zibo city delivering a report on the government's performance in the past five years and setting out ambitious development targets for the next five years.
The gross domestic product or GDP of Zibo – a prefecture-level city in East China's Shandong province – totaled 420.06 billion yuan ($66.03 billion) in 2021, for year-on-year growth of 9.4 percent, local authorities said on Jan 28.
In the wake of the hugely important Regional Comprehensive Economic Partnership international agreement that came into effect on Jan 1, the city of Jinan – capital of East China's Shandong province – moved quickly.
The import and export revenue of the city of Zibo – located in East China's Shandong province – topped 109.7 billion yuan ($17.2 billion) in January to November, according to a news conference held on Dec 20.
A new pharmaceutical industry high-quality development conference held on Dec 16 – in Zibo city, in East China's Shandong province – attracted leading experts and academics who called for the sector to achieve higher goals.
A total of 235 major municipal and district projects receiving a total of 103.5 billion yuan ($16.21 billion) in investment started operating on Nov 16.
Zibo art glaze and ceramic works are now attracting significant attention at the Boshan National Cultural Export Base exhibition area of the 4th CIIE.