Shanghai's GDP jumped 12.7 percent year-on-year to \r\ntop over 2.01 trillion yuan ($310 billion) during the first half of this\r\n year, the local statistics bureau said at a press conference on \r\nWednesday.

The average GDP growth in Shanghai during the first six months of \r\nthis year and the first half of 2020, which was largely affected by the \r\nCOVID-19 epidemic, came in at 4.8 percent.

Tertiary industry, which accounted for 75 percent of Shanghai's GDP \r\nin the first six months, saw its added value surge 11.3 percent \r\nyear-on-year to come in at 1.5 trillion yuan. Secondary industry saw its\r\n added value up by 17.3 percent year-on-year to reach 498.9 billion \r\nyuan. The added value contributed by the agricultural industry slid 4.7 \r\npercent year-on-year to come in at 3.3 billion yuan.

During the first half of this year, industrial companies with an \r\nannual turnover of at least 20 million yuan saw their total output reach\r\n 1.81 trillion yuan, up 18.8 percent from a year earlier. The total \r\noutput of strategic emerging industries increased 19.6 percent to 716.5 \r\nbillion yuan. The half-year output of new energy vehicles, alternative \r\nenergy and high-end equipment industries came in at 250 percent, 32.1 \r\npercent and 24.5 percent, respectively, if compared to the same period \r\nlast year.

The added value of information transmission, software and the \r\ninformation technology industry increased 16.1 percent year-on-year to \r\nreach 177 billion yuan. Wholesale and retail industries saw their added \r\nvalue up 15.2 percent to 242.9 billion yuan. The added value of the \r\nfinancial industry reached 384.3 billion yuan, up 7.7 percent from a \r\nyear earlier.

The city's total retail sales of consumer goods spiked 30.3 percent \r\nin the first six months to come, at 904.8 billion yuan. Total online \r\nretail sales surged 21.2 percent year-on-year to come in at 148.6 \r\nbillion yuan.

Total import and export value came in at 1.88 trillion yuan in \r\nShanghai over the past half year, up 19 percent from a year earlier. The\r\n import and export value of high-tech products increased 6.1 percent \r\nyear-on-year, while that for mechanical and electrical equipment was up \r\nby 14.7 percent.

Shanghai attracted more than $12.4 billion worth of direct foreign \r\ninvestment in the first half of the year, up 21.1 percent from a year \r\nearlier.

Per capita disposable income reached 40,357 yuan in Shanghai in the \r\nfirst six months, up 10.3 percent year-on-year. Over 402,300 new jobs \r\nwere created in the city's labor market during the first half, 131,000 \r\nmore than the number during the same period in 2020.