Brief Introduction  Geographic Position Administrative Divisions
Economic Situation City Symbolic Sign Honorary Titles
Opening Up History  Twin Cities  
   
 
 Economic Situation   
  In 2002, Yantai’s GDP reaches US$ 111.5 billion; the primary, secondary and tertiary idustry realize added value US$ 13.603 billion, 57.45 billion and 40.447 billion respectively, which is the third among 17 cities of Shandong Province. The proportion of three industries is 12.2 : 51.5 : 36.3. The tertiary industry keeps increasing and achieves the historical highest level. The number of individual and private business of the whole city is up to 13.560000 and the tax revenue ( without individual income tax of interest ) reaches RMB¥1.088 billion.
   The social security system has initially formed, which includes endowment insurance, unemployment insurance, medical treatment insurance, industrial injury insurance and birth insurance. Altogether 554,000 enterprise employees have participated in endowment insurance; 120,000 enterprise retirees receive pension on time; the total ammount of insurance premium is RMB¥1.64 billion, among which endoment insurance is RMB¥1.05 billion, medical treatment insurance is RMB¥473 million, unemployment insurance is RMB¥100 million, birth insurance is RMB¥14.263 million and industrial injury insurance is RMB¥4.22 million.
   The market price remains stable. Consumption price raises 0.4% than the year of 2000 and drops 0.6% than the same period of last year. Price index of industrial products is 98.8%.