With the implementation of the national macroeconomics policy, Qingdao's economy has gone well during the first three quarters of this year.

　　Statistics show that the GNP has increased by 16.7% to 153.856 billion Yuan. The economy during the first three quarters of this year has kept a high development speed. Because of the rise in food prices and the favorable weather conditions, farmers in Qingdao have had a good harvest this year with the arable land enlarged by 0.2% to 360,000 hectares.

　　The Industrial index has also reached a record high with 85.1 billion Yuan industrial taxes collected and 231.56 billion Yuan worth of industrial products being sold.

　　Investment, consumption and export are levers lifting up Qingdao's economy: investment has slowed down, the consumer market has steadied and foreign trade has increased.

　　The sustainable economy leads to a balanced governmental budget with an increased income both in the city and in the countryside. The farmer's annual income has totaled to a high record of 4048 Yuan, a dramatic increase of 12.4% over last year. Enditem will