Qingdao is a major economic centre in Shandong Province. Situated on the eastern tip of the Shandong Peninsula, in Jiaozhou Bay in the Yellow Sea, Qingdao is one of China's principal ports with a coastline of 870 kilometres. The city has a total area of 10,654 square kilometres and the city proper covers 1,102 square kilometres. The population is 7.1049 million. Major economic indicators are shown in Table 7.35.1.
| Item | 2000 | 2001 |
|---|---|---|
| Population (millions) | 7.0665 | 7.1049 |
| Gross domestic product (billion RMB) | 115.7 | 131.6 |
| GDP per capita (thousand RMB) | 15.41 | 18.6 |
| Disposable income per capita (thousand RMB) | ||
| Urban residents | 8.016 | 3.637 |
| Rural residents | 8.731 | 3.901 |
| Savings (billion RMB) [*] | 107.31 | 123.24 |
| Investment in fixed assets (billion RMB) | 32.1 | 38.44 |
| Value-added of primary industry (billion RMB) | 13.99 | 14.32 |
| Value-added of secondary industry (billion RMB) | 56.00 | 64.88 |
| Value-added of tertiary industry (billion RMB) | 45.02 | 72.4 |
| Total retail sales of consumer goods (billion RMB) | 30.77 | 35.29 |
| Source: Qingdao Statistical Bureau. | ||
| [*] Both institutional and private savings | ||