Jinan reported steady economic growth in the first quarter of 2026, supported by solid industrial output, robust foreign trade, and a growing consumer market.

In the first two months, the value-added output of industrial enterprises above designated size rose 4 percent year-on-year. Foreign trade was a major contributor to the strong growth, with total imports and exports reaching 49.24 billion yuan ($7.2 billion), up 33.7 percent from a year earlier. Exports in particular surged 47.3 percent to 33.19 billion yuan.

From January to February, consumer spending also picked up steam. Retail sales of consumer goods by enterprises above designated size totaled 34.85 billion yuan, while online retail sales increased 18 percent to 10.78 billion yuan, driven by policy support in the form of subsidies, promotional campaigns and new commercial complexes.

Investment in infrastructure continued to expand, with 15.1 billion yuan allocated to major transportation projects during the first quarter.

Looking ahead, the city plans to sustain growth by enhancing support for the industrial sector, encouraging investment, stabilizing the property market, supporting foreign trade and developing the service industry.

The skyline of the Central Business District in Jinan. [Photo/WeChat account: lixiatoutiao]