QINGDAO registered more than 132 billion yuan in GDP in the first quarter of this year.

    The tertiary industry contributed around 46 percent to the GDP.

    A stable growth was seen in the industrial manufacturing and consumer market over the same period.

    In addition, the period saw a fast increase in investment, during which the city’s fixed asset investment surpassed 39.7 billion yuan.

    Foreign trade maintained a growing momentum while the city achieved US$16.47 billion in exports and imports in the first quarter.

    Growth in local revenues accelerated in the first quarter.

    In the first quarter, the city’s per capita average disposable income reached 7,270 yuan and per capita consumption stood at 4,813 yuan. Per capita cash income of farmers reached 3,367 yuan in the first quarter.(Li Hao, Liu Fangbin)