Economy by Numbers
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New engines power Shanghai's better-than-expected growth
Shanghai's GDP growth came at 5.5 percent in the first three quarters of the year, 0.3 percentage points higher than the national average and exceeding market expectations.
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Shanghai's high-tech industry sales up 18.8% in H1
Sales in Shanghai's high-tech industry surged by 18.8 percent year-on-year in the first half of 2025, highlighting the city's robust economic momentum.
Industrial Economy
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ZF's remanufacturing center sets sail in Lin-gang Special Area
The center seeks to transition from localized service to "radiating across Asia-Pacific and linking globally".
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Shanghai's automotive industry rides foreign investment surge
The influx of foreign-invested projects is injecting a strong impetus into the city's automotive industry.
Digital Economy
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Jing'an launches cross-border data service center
The Jing'an District Cross-Border Data Flow Service Center was inaugurated on Nov 29, marking the first such facility in Shanghai's central urban area.
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Shanghai named national digital economy pilot zone
It underscores the city's leading role in advancing the country's digital transformation and fostering globally competitive industrial clusters.
Service Economy
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Shanghai unveils action plan to boost service sector
Shanghai has introduced a comprehensive action plan to boost the service sector, which serves as a significant part of the city's modern industrial system and plays an important role in various aspects of the city's development.
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Shanghai integrates services, advanced manufacturing sectors
The Shanghai municipal government has promulgated an action plan made up of 17 detailed measures to facilitate the development of industry-facing service industry (2024-27).
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