The Shandong highway department announced at a recent meeting that 17 highway projects in the Qingdao area have made connections with other highways. This makes the length of total highways ranking at the top in Shandong province and among the national equivalent cities.

　　Vice -mayor, director of city traffic commission Hu Shaojun attended the meeting and discussed the construction and development of Qingdao's highways.

　　The coverage area of highways in Shandong has reached 3000 kilometers is planned to exceed 4000 this year. At present, the highway network in Shandong province is being developed with Qingdao as a center of the network connecting the 17 areas. This is going to help to push forward economic development.

　　The total in use highways in Qingdao has reached 525 kilometers, ranking top in Shandong province and among national equivalent cities. This year will see a series of expansion and renovation projects started and completed in Qingdao to realize the full connection with the provincial highway network.

　　Personal saving and loaning is slowing down in the first half year

　　It was learned from the Qingdao branch office of People's bank that personal savings and loans have slowed down during the first half of this year.

　　Due to the central banks lowering of interest rates 7 times and a small rise in commodity prices, the saving accretion of civilians has slowed down. The new saving in the first half year is 8.8 billion Yuan, 730 million Yuan less increase than the same period of last year. At the same time, the individual loan increased 2.7 billion Yuan, 790 million Yuan less increase than the same period of last year. In the term of individual loans, only loans for apartment purchase has increased 200 million Yuan more. Enditem will