QINGDAO’S industrial output has seen an average annual growth of more than 20 percent in the past five years.

    By September, the overall efficiency index for industrial enterprises was 263.8, 90.8 more than in 2005.

    The manufacturing industry had been a major driving force behind the city’s rapid industrial development.

    Over 80 percent of industrial output value had been created by key industries such as the home appliance industry, auto and locomotive industries and the shipping industry.

    Qingdao was nominated among cities with the most competitive manufacturing in 2006 and the national model industrial base of 2010, which shows the city has been on a smooth path to high-end, low-carbon industrialization featuring clusters of industries.

    The city has made it an important strategy in its industrial upgrading to give full support to the development of seven industries: home appliances and electronics, petroleum and chemicals, auto and locomotive industry, shipping and marine engineering, textiles and clothing, food and beverages, mechanical and the steel industry.

    The city would spare no effort to develop five emerging industries: new energy, new materials, biomedicine, energy conservation and information technology.

    According to government statistics, the output value of the home appliance and electronic industry was estimated to be 1.6 times that in 2005, with an average annual growth of 9.6 percent.

    The output value of the other manufacturing industries would also experience significant growth this year.

    (Martin Li, Lin Gang)