Solid economic gains achieved in Jinan in 2025
Jinan's economy maintained steady momentum in 2025, and its gross domestic product is expected to surpass 1.4 trillion yuan ($201.3 billion), according to the government work report presented at the fifth session of the 18th Jinan Municipal People's Congress.
The city recorded a general public budget revenue of 109.34 billion yuan, with tax revenue accounting for 74.3 percent. Value-added industrial output from enterprises above a designated size is projected to grow by 6.9 percent, while retail sales of consumer goods are expected to rise by 4.4 percent.
Major projects continued to support economic growth. Jinan has invested 116 billion yuan in 127 provincial key projects and 258 billion yuan in 511 municipal key projects. Major industrial projects, including Aiko's photovoltaic base and semiconductor firm SICC, progressed rapidly, while key infrastructure projects such as the north station building of the Jinan Railway Station began operations.
The consumer market demonstrated notable vitality throughout the year. The city hosted more than 500 consumer-promotion activities and over 1,300 commercial performances. A total of 111 brands and flagship stores were introduced to the city, including a Centre Pompidou-authorized themed store. In addition, 4.38 billion yuan in consumer vouchers helped drive nearly 44 billion yuan in consumer spending.
Investment attraction improved in both scale and quality. Through major platforms such as the Conference of Great Business Partners, along with 54 promotion and business matching events, Jinan launched 544 projects with individual investments exceeding 100 million yuan, totaling 292.03 billion yuan. Additionally, 323 new projects, each over 100 million yuan in investment, were signed, totaling 194.86 billion yuan.