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In 2007, Qingdao took action to carry out the Central Government's macro control policies and fixed asset investments continued to grow relationally. Investments made by industrial enterprises above the designated size totaled 163.54 billion RMB, up 23.3%. Of the total investments made by enterprises above the designated size, 2.49 billion RMB was made in primary industries, up 2.1% over the previous year, 84.84 billion RMB in secondary industries, up 19.2% and 76.21 billion RMB in tertiary industries, up 29.1%.
The fixed asset investments in construction projects above the designated size numbered 4,267. Newly started projects numbered 2,028 and completed projects numbered 640. The amount of planned investments in projects under construction was 373.32 billion RMB, up 22.2%. Fixed assets increased by 46.87 billion RMB over the year. The project completion ratio was 15% and the fixed asset delivery ratio was 28.7%.
A total of 15,564,000 square meters of building space were completed in Qingdao, up 17.2%. Of the total, 6,407,000 were commercial buildings, down 1.8%. Floor space in commercial buildings sold was 8,333,000 square meters, up 13.1%.
Newly increased capacities through investment in fixed assets: Description Measurement unit Increased capacities in 2007 Tire casings piece /year 8,150,000 Chemical pesticides ton/year 500 Synthetic rubber ton/year 800 Thermal Power kWh/year 660,000 Newly completed roads km 300.15 Newly expanded roads in towns km 115.8 Newly constructed (expanded) Ports and wharfs handling capacity tons/year 2,050,000 number of berths 4 Student places number of places 22,151 Floor space in schools square meters 294,000 Airport terminal buildings number of buildings 1
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