Industries

Shanghai bolsters IC, software industries

Jan 21, 2022

The city of Shanghai in East China is stepping up its efforts to boost the development of its integrated circuits and software industries – and in order to do so it recently rolled out a series of measures, according to the Shanghai Municipal Development & Reform Commission.
Foreign investment

Oct 12, 2021

In recent years, the utilization of foreign capital in Shanghai has formed a new pattern of a service economy, headquarters economy and research and development economy.
Private economy

Oct 11, 2021

In 2020, the development environment for Shanghai's private economy continued to improve. The added value of Shanghai's private economy reached 1.11 trillion yuan ($172.53 billion), an increase of 1 percent on the previous year.
Service economy

Oct 11, 2021

In 2020, driven by the rapid growth of finance, information services, business services and its science and technology services, the added value of Shanghai's tertiary industry grew by 1.8 percent over the previous year – making it the primary driving force for economic growth.
Industrial economy

Oct 11, 2021

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.
Agricultural Economy

Oct 11, 2021

In 2020, Shanghai's agricultural added value reached 10.36 billion yuan ($1.61 billion), down 8.2 percent from the previous year, calculated at comparable prices. Total agricultural output value reached 27.2 billion yuan, down 7.1 percent on the previous year.
Shanghai's economic performance robust in 2020

Oct 9, 2021

In 2020, the added value of the tertiary industry in Shanghai in East China increased by 1.8 percent over the previous year, accounting for 73.1 percent of the city's GDP. The services economy reportedly enjoyed steady development and emerging service industries – such as information services, business services and professional services – grew rapidly.
Bright future for new materials firms in Shanghai

Aug 27, 2021

With the Shanghai government identifying new materials as one of its strategic priority industries in its latest development plan, German science and technology giant Merck is striving to create more innovation-driven growth in China with an upgraded localization strategy.

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