Shanghai continues to improve across metrics

By Zhou Wenting | China Daily | Updated:Nov 24, 2023

Report says city has made progress in all aspects from economic to social

Shanghai's GDP reached 4.47 trillion yuan ($630 billion) last year after surpassing 4 trillion yuan the previous year, and the city's GDP per capita exceeded 180,000 yuan in 2022, reaching the level of a moderately developed economy.

The disposable income per capita of its residents rose by an average of 5 percent year-on-year, reaching 79,610 yuan.

All such figures from the midterm evaluation report of Shanghai's 14th Five-Year Plan for National Economic and Social Development and Shanghai's Outline for the Long-Range Objectives Through 2035 signaled that the city's high-quality development has steadily improved.


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