How is Shandong's economy?

Shandong is an important industrial base in China, and its industrial output value is second only to Jiangsu and Guangdong, ranking third in the country. In 20 18, Shandong's industrial added value was 3.4 trillion, accounting for 8.9% of the national industrial added value of 3 1 provinces, cities and autonomous regions.

In the general industrial field, the output value of textile and clothing, paper-making and printing products, chemical and pharmaceutical products, and metals and their products in Shandong accounts for 3 1 5.6%, 14.3%, 16.2% and/kloc-0 of the total output value of provinces, municipalities and autonomous regions in China respectively.

In the manufacturing industry, the output value of machinery and equipment, electronic equipment, transportation equipment and other manufacturing industries in Shandong accounts for 3 1 total output value of provinces, municipalities and autonomous regions in China, accounting for 16.0%, 8.7%, 7.5% and 8.6% respectively, ranking first, fourth, fourth and fourth respectively. From the perspective of industrial structure, Shandong's industrial system is sound and relatively developed, but compared with Jiangsu, Guangdong and Zhejiang provinces, the industrial industry still needs transformation and upgrading.

In terms of the dependence on imported parts, imported raw materials such as textiles and garments, paper-making and printing products, chemicals and pharmaceutical products used in Shandong account for 12.7%,1/0.5% and 13.5% respectively, ranking second, second and second in the country. Mechanical equipment, electronic equipment, transportation equipment and other parts imported from manufacturing industry accounted for 1 1.0%, 7. 1% and 8.8% respectively, ranking second, third, fourth and third respectively. It can be seen that Shandong's industrial production relies heavily on imported raw materials/parts, and the "supply interruption" of imported parts will directly impact Shandong's industrial production.

From the perspective of export dependence, Shandong textile and clothing, paper-making and printing products, chemicals and pharmaceutical products account for 1 1.7%, 7.0% and 13.5% of the total national export respectively, ranking fourth, third and third in the country. In terms of manufacturing industry, Shandong's machinery and equipment, electronic equipment, transportation equipment and other manufacturing industries account for the total national exports respectively. Therefore, if the import demand of the United States, the European Union, Japan and South Korea is greatly reduced, the general industrial products in Shandong, such as textiles and clothing, paper-making and printing products, chemical and pharmaceutical products, will be directly affected by the serious export dependence, and the products will be "unsalable".

Although Shandong's manufacturing export dependence is relatively small, and the direct impact of trade is relatively low, the export of Guangdong, Jiangsu, Zhejiang and other manufacturing export provinces is blocked, and the transmission of domestic industrial chain will also have a significant impact on Shandong's manufacturing industry, resulting in a serious problem of "unsalable" products.