The financial industry is also a pillar industry of Jinan city. There were 598 financial institutions in Jinan, including 34 listed companies and 158 New Third Board-listed ones by September 2018.
The added value of the financial industry in the first half of 2018 reached 39.2 billion yuan, an increase of 4.2 percent year-on-year and accounting for 10 percent of the city's GDP. By the end of September 2018, tax revenue created by the financial industry was 12.16 billion yuan, a year-on-year increase of 12.8 percent and making up 12 percent of the city’s total.
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