Weihai is rich in folk cultural activities and international festivals. The International Fishermen's Festival in Rongcheng showcases the culture of fishermen in Jiaodong and fishermen's style; the International Overseas Chinese Friendship Association in Lushan makes friends with overseas Chinese as a medium.
Weihai City has 85 hospitals of various levels and types, including 19 first-class A-class hospitals, 6 second-class A-class hospitals, and three hospitals have been named "Baby-Friendly Hospitals" by the World Health Organization, the United Nations Children's Fund, and China's Ministry of Health. The Weihai Municipal Hospital and hospitals under the jurisdiction of municipal cities in Weihai have set up outpatient clinics for foreign businessmen, providing quality medical services for foreign businessmen. Foreigners are treated the same as Weihai residents in terms of medical fees.
There are currently more than 2,000 foreigners living in Weihai, and more than 200 of their children are enrolled in Weihai schools at all levels, from kindergarten to university.
Weihai's real estate industry is developing rapidly, ranging from general apartment buildings to high-class luxury villas, with moderate prices, both for rent and purchase, suitable for foreigners to settle or live temporarily in Weihai, and enjoying the national treatment for purchasing and renting properties.
The municipal government of Weihai, in order to provide a better living and learning environment for foreigners coming to Weihai, is currently planning to build two living quarters for foreigners: one for Europe and America, and one for Japan and Korea. There are international schools, hospitals, recreational and fitness places built in each living area.
Total Economy
The national economy is developing rapidly. The city's gross domestic product (GDP) exceeded 100 billion yuan for the first time, reaching 100.881 billion yuan, an increase of 17.1% over the previous year at comparable prices. The added value of the primary industry was 9.891 billion yuan, up 4.1%; the added value of the secondary industry was 61.633 billion yuan, up 21.1%; the added value of the tertiary industry was 29.357 billion yuan, up 14.4%. The proportion of the three industries in GDP was 9.8%, 61.1% and 29.1% respectively.
The labor and employment situation is relatively stable. At the end of the year, the city's counties and units above counties had 358,100 employees on the job, an increase of 3%; the total wages of employees on the job amounted to 4.62 billion yuan, an increase of 20.4%; and the average annual wages of employees on the job amounted to 13,070 yuan, an increase of 16.5%. Throughout the year, 49,600 people were re-employed through various ways, and the urban registered unemployment rate was 1.7%.
The total market price level rose slightly from the previous year. The annual consumer price index rose by 1.8% over the previous year, with items such as food, tobacco, alcohol and supplies, health care and personal goods, transportation and communication, and housing increasing by 5.1%, 4%, 9.2%, 0.3% and 1% respectively, and items such as clothing, household equipment and maintenance services, and recreational, educational and cultural goods and services decreasing by 3.7%, 1.6% and 0.3% respectively.
Fixed Assets
The scale of fixed asset investment expanded rapidly. The annual fixed asset investment above the scale of 53.049 billion yuan, an increase of 43.2% over the previous year; towns and cities above the scale of investment of 38.747 billion yuan; of which 29.475 billion yuan of investment in the completion of the capital construction, an increase of 81.9%; renewal and renovation completed investment of 19.006 billion yuan, an increase of 15.3%; real estate development completed investment of 4.568 billion yuan, an increase of 4.5%.
Investment efficiency continues to improve. The rate of projects completed and put into operation was 46.2%, new fixed assets amounted to 21.89 billion yuan, and the utilization rate of fixed assets delivery was 54.9%.
Economic Reform
In 2004, around the key objectives, creatively carry out various tasks, and promote the restructuring and listing of enterprises to the depth of development. There are 213 enterprises to complete the restructuring of the city (district) above and township and village enterprises restructuring surface reached 92.8% and 69% respectively. Among them, the city enterprises restructuring surface reached 93.5%. Shandong Weigao Group Medical Polymer Products Co., Ltd., Shandong Goodtimes (8.14,0.17,2.13%) Marine Development Co., Ltd., Guotou Zhonglu (13.51,0.04,0.30%) Juice Co., Ltd., Shandong Weida (4.82,0.00,0.00%) Machinery Co. Listed in Hong Kong, Shanghai, Shenzhen and Singapore Stock Exchange, raising 1.3 billion yuan, the number of listed companies accounted for more than one-third of the number of listed in the province, ranking first in the province, the amount of financing is equivalent to more than one-third of the city's financial institutions to new loans throughout the year. By the end of the year, the city's listed companies reached six, raising a total of 1.67 billion yuan.
Foreign trade
Foreign trade and import and export grew rapidly. Annual import and export trade totaled 5.595 billion U.S. dollars, an increase of 38.8%, of which total imports were 2.145 billion U.S. dollars, an increase of 42.7%; total exports were 3.449 billion U.S. dollars, an increase of 36.4%. According to the export trade mode: general trade exports of 1.205 billion U.S. dollars, an increase of 15.9%; processing trade exports of 2.243 billion U.S. dollars, an increase of 50.8%. The structure of export commodities is further optimized, primary product exports of 601 million U.S. dollars, an increase of 20.1%; manufactured exports of 2.849 billion U.S. dollars, an increase of 40.4%, accounting for 82.6% of the total value of exports, of which 1.371 billion U.S. dollars of exports of electromechanical products, an increase of 62.7%, accounting for 39.7% of total exports.
The utilization of foreign capital has made remarkable achievements. Throughout the year **** approved the utilization of foreign investment projects 858, an increase of 33.6%; approved the use of foreign capital amounted to 3.447 billion U.S. dollars, an increase of 114.1%; the actual use of foreign capital amounted to 1.124 billion U.S. dollars (new caliber), an increase of 38.8%.
Foreign economic and technical cooperation is progressing well. For the whole year, the newly signed labor export contract amounted to 130.22 million U.S. dollars, an increase of 2.9%; the completed turnover amounted to 110.11 million U.S. dollars, an increase of 32.7%. The number of laborers sent out was 4,509, an increase of 4.4%; the number of foreigners at the end of the period was 8,902, an increase of 21.1%.