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Shanghai
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Business

Shanghai is often regarded as the center of finance and trade in mainland China. Modern development began with the economic reforms in 1992, a decade later than many of the Southern Chinese provinces, but since then Shanghai quickly overtook those provinces and maintained its role as the business center in mainland China. Shanghai also hosts the largest share market in mainland China. Shanghai has one of the world's busiest ports. Since 2005, Shanghai has ranked first of the world's busiest cargo ports throughout, handling a total of 560 million tons of cargo in 2007. Shanghai container traffic has surpassed Hong Kong to become the second busiest port in the world, behind Singapore.

In order to host The 2010 World Expo, Shanghai will invest RMB 28.6 billion in total, 18 billion in construction and 10.6 billion in operation, creating huge business opportunities.

  • Major Economic Indicators
  • Industries
  • International Tourism
  • Foreign Trade & Investment
  • Economic & Development Zones
Economic Indicators 2007 Jan - Aug 2008
Value Growth (%, y-o-y) Value Growth (%, y-o-y)
Gross Domestic Product (RMB bn) 1,218.9 14.31 653.13 10.31
Per Capita GDP 66,367 11.81 / /
Added Value Output / / / /
- Primary industry (RMB bn) 10.2 2.01 3.43 -1.61
- Secondary industry (RMB bn) 567.9 11.51 307.23 11.51
- Tertiary industry (RMB bn) 640.9 17.11 342.53 9.31
Value-added Industrial Output 2 (RMB bn) 525.1 11.61 377.1 11.91
Fixed-assets Investment (RMB bn) 445.9 13.6 282.0 4.7
Retail Sales (RMB bn) 384.8 14.5 296.3 17.2
Inflation (Consumer Price Index, %) / 3.2 / 6.9
Exports (US$ bn) 143.9 26.7 112.1 23.9
- By FIEs (US$ bn) 97.8 28.7 75.1 24.1
Imports (US$ bn) 139.0 22.0 105.5 19.2
- By FIEs (US$ bn) 95.4 23.0 72.2 19.9
Utilized Foreign Direct Investment(US$ bn) 7.9 11.4 6.8 17.9

Notes:
1 In real terms
2 For all state-owned enterprises and other forms with annual sales over RMB 5 million
3 First half of 2008

Sources: Shanghai Statistical Yearbook 2008, China's customs statistics 8.2008

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