According to the “Shandong Release”, by the end of June, the scale of social financing in Shandong had reached 27.3 trillion yuan, an increase of 8.3% over the previous year. The growth rate was higher than that of the whole country for 86 consecutive months. In the first half of the year, the value added of the financial sector increased 7.8% year on year, continuing to show a positive trend of “four better than”. It is better than the national GDP growth rate of 1.1 percentage points, better than the GDP growth rate of 2.2 percentage points, better than the service sector's growth rate of 1.4 percentage points, and better than 2.7 percentage points in the same period last year.

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