In 2020, the added value of Shanghai's manufacturers reached 965.65 billion yuan ($150.04 billion), an increase of 1.4 percent on the previous year, calculated at comparable prices. The annual output value of industries above a designated size – those with industrial enterprises reporting main yearly business revenue of 20 million yuan or above – reached 3.48 trillion yuan.

During the year, six key industries in Shanghai experienced stable development. The electronics information products manufacturing industry, auto manufacturing, petrochemicals and the fine chemicals industries – as well as the fine steel manufacturing, complete sets of equipment manufacturing and biomedicine manufacturing industries – achieved a gross industrial output value of 2.38 trillion yuan. That performance represented an increase of 4.1 percent on the previous year, with the six sectors accounting for 68.3 percent of the city's total output value of industries above a designated size.

In 2020, Shanghai's strategic emerging industries – including new energy, high-end equipment, biology, new-generation information technology, new materials, new-energy vehicles, energy conservation and environmental protection – reported gains. They posted total industrial output value of 1.39 trillion yuan, an increase of 8.9 percent on the previous year, accounting for 40 percent of total industrial output value above a designated size. Of these, new-energy vehicles, new materials and new energy witnessed the fastest growth, up 170, 10.8 and 8.5 percent, respectively.

In 2020, the sales rate of industrial products in Shanghai reached 99.4 percent. Epidemic prevention-related products and a number of emerging and high-tech products continued to grow rapidly.