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Shanghai Economic Structure

Update Date:2018-5-15 9:44:30     Source:www.3737580.com     Views:857

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Shanghai is constantly transforming its growth mode and upgraded its economic structure. In 2013, the proportion of the tertiary industry reached 62.2%, 1.8 percentage points higher than that of the previous year. The ratio of the city’s primary, secondary and tertiary industry stood at 0.6:37.2:62.25.

 

Shanghai saw an evolving demand structure, in which internal demand continued to outperform external demand. In 2013, retail sales increased by 8.6%, commodity sales grew by 12.5% and social fixed-asset investment rose by 7.5%. the growth of internal demand outpaced that of the external demand, and consumption volume increase beat the investment volume growth. It’s getting clearer that the economic growth was propelled by internal demand, especially effects brought by consumption.


In terms of the ownership structure, the growth of the non-public economic sector outpaced that of the public economic sector realized an added value of 1.100676 trillion yuan, up 8.4% from the previous year, and 1.5 percentage points higher than the public economic sector. It also accounted for 51% of the city’s economy, up 0.3 percentage point over the previous year.

 

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