International Economic Center

International Economic Center

Shanghai, China's largest economic center, has made remarkable achievements over the years, boosting its contribution to the national economy and enhancing its global influence. The city's GDP surpassed 5 trillion yuan ($688.4 billion) in 2024, maintaining its leading position among China's economic centers.

Inside Shanghai's Five Centers | International economic center

This edition focuses on three cases that reflect the city's latest advances as an international economic center.

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.

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.

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".

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.

Tournament pushes esports to forefront

The 2025 Shanghai Esports Masters set a five-year record with over 12 million cumulative views across nine live-streaming platforms, 500 million-plus views of related Douyin clips.

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.

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.

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).