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. In 2023, the municipal GDP reached 4.72 trillion yuan. Imports and Exports reached 7.73 trillion yuan, accounting for 18.5 percent of the national total.

Shanghai economy demonstrates stable growth in first half of 2024

Shanghai has showcased robust performance in the initial half of 2024, as revealed by official data released on July 19.

Shanghai's economy off to a good start with 5% GDP growth in Q1

Shanghai's economy has had a solid start in 2024, with its gross regional product (GDP) reaching approximately 1.11 trillion yuan ($151.82 billion) in the first quarter of this year, marking a 5 percent year-on-year increase, as announced by local statistics authorities on April 19.

Yangtze River Delta focuses on NEVs, low-altitude economy

The Yangtze River Delta region is set to develop world-class industrial clusters in key industries, including new energy vehicles and the low-altitude economy, as part of efforts to deepen its integrated development, officials announced on July 25.

Shanghai unveils measures to boost industrial efficiency and cost reduction

Shanghai has recently unveiled a comprehensive set of initiatives aimed at assisting enterprises in further reducing costs and enhancing production efficiency.

Post-plenum boost to tech SMEs seen

As the new quality productive forces will serve as a major economic driver for China during its ongoing efforts to deepen economic transformation, more policies supporting technology companies, especially the small and medium-sized ones, can be expected after the third plenary session of the 20th Central Committee of the Communist Party of China, said experts.

Diplomats wowed by China-made robots in Shanghai

When foreign diplomats in China visited Shanghai's Zhangjiang AI Robot Valley as part of the inaugural 2024 session of "Global Insights into Chinese Enterprises," they were amazed by a variety of intelligent robots made by China.

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).

Experts hail Shanghai action plan on services consumption

Shanghai's plan to lift consumption of services will further boost the city's overall consumption potential and help facilitate the nation's high-quality development, experts said.