In the first 3 quarters of 2016, large and medium-sized enterprises in ten key 100 billion emerging industries of Qingdao have achieved CNY 999.1 billion production value, increasing by 5.4% than the same period of 2015, accounting for 75.9% of all the production value of mid-and-large enterprises of Qingdao, 0.9 percentage points higher than the same period of 2015.

    Among the ten industries, the rail transportation equipment industry maintains fast growth, shipping & marine industry declined significantly amid shipping market downturn, the ten industries show 9 Up 1 Down development status. In the first 3 quarters, the production value of rail transportation equipment industry achieved 11.5% year-on-year growth, auto industry achieved 9.6% growth, IT industry achieved 8.8%, food industry achieved 7.4% growth, household electric appliance industry achieved 5.6% growth, rubber industry achieved 5.4% growth, petrochemical industry achieved 4.2% growth, mechanical equipment achieved 3.9% growth, and the garment industry achieved 3.1% growth, while the shipping & marine industry dropped by 3.2% year-on-year.

    The industry-gathering zone of Qingdao maintains a steady development in the 3rd quarter after the concentration level of Qingdao industry exceeded 60% for the 1st time in the 1st quarter, and the profit kept fast growth, the concentration level continued growing. Large and medium-sized enterprises in industry gathering zone reach 2,564, accounting for 53% of all large and medium-sized enterprises of Qingdao; they have achieved CNY 828.9 billion production value, increasing by 6.6% over the same period of 2015.