Economy

In 2021, the GDP of Qingdao registered 1413.646 billion yuan, up 8.3% year on year on comparable prices basis. The valueadded for the primary, secondary and tertiary industries stood at 47.006 billion yuan, 507.033 billion yuan and 859.607 billion yuan, representing an annual increase of 6.7%, 6.9% and 9.2% respectively, with the ratio of the three at 3.3: 35.9: 60.8.