Shanghai Economy

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venynx2

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Shanghai is an important economic, financial, trade and shipping center in China. It contributes greatly to the whole nation's economic
structure and the development of society.To get more shanghai economy, you can visit shine news official website. Due to its excellent port,
Shanghai has been a leading power of China's economic and trade
development since ancient times. Since China's reform in 1978, it has
had a more open environment and enjoys faster development especially
since 2000. Its economy has increased by over 10% for 15 consecutive
years. Taking up only 0.06% of the country's land area, Shanghai now
generates about 8.3% of China's gross industrial output value, 10% of
its ports' cargo-throughput,25% of the total value of the country's
imports and exports and 12.5% of the total revenue of China. The
government of Shanghai knows that the importance of agriculture cannot
be overemphasized, so it always tries to develop planting,
stockbreeding, forestry and fisheries. The city's advantageous
geographical location endows it with favorable conditions for
agricultural development. Despite the comparative shortage of arable
land, moderate temperature, sunlight, rainfall and fertile soil make the
region famous for its high yield of agricultural production in China.
Generally the region can produce enough grain, meat, eggs, milk, vegetable and
fruit for consumers in the city and suburbs. Some agricultural products
are sold to neighboring areas or even exported to foreign countries. The
city has many modern agricultural zones. These includes Sunqiao Modern
Agriculture Development Zone in Pudong New Area, Fengxian Modern
Agriculture Zone in the south Fengxian District and many others in the
suburbs including the districts of Baoshan, Jiading, Minhang, Songjiang,
Jinshan as well as Chongming County. These urban agricultural zones
attract a lot of foreign investment, advanced technologies and
agricultural professionals. In addition convenient transportation
provides various fast links between the city zone and the suburbs which
strengthen the cooperation of industry and agriculture. A system of
distinctively export-oriented agriculture has be established here. As a
result, farmers' incomes have increased. The great leap of Shanghai's
economy benefited from the amazingly fast development of industry. In
the past the city gave priority to advanced manufacturing industries and
promoted the construction of its industrial base and large projects.
The manufacture of automobiles, electronic and communication equipment,
petrochemicals, steel products, equipment assemblies and biomedicine had
once been promoted as the six pillar-industries of Shanghai. Shanghai
still pays much attention to its industry. There are many industrial
areas here such as Jinqiao Export Processing Zone in Pudong New Area,
Zhangjiang Hi-Tech Park and some other processing zones in Jiading,
Qingpu, Songjiang and Minhang Districts. As a result the city's
industrial production continues to grow rapidly.
There is no doubt that industry makes a lot of economic profit; however, it is much
more costly to the environment. Shanghai SkyscrapersThe architectural
industry has also developed quickly in the area. The construction of
airports, railways, highways, expressways, subways, maglev lines, ports,
bridges and tunnels forms a convenient transportation network. Various
commercial buildings, residential buildings and other infrastructure in
the city create an open and pleasant environment for investment and
further development.
Posted 05 Jul 2018

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