Login

Reload

Remember me Forgot it?

Not a subscriber?

Click on the button below to create your account and get immediate access to Xinhua Silk Road Database.

Start a Free Trial

Subscribe

Belt & Road Weekly Subscription Form

Research Report

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Economy

HOME > Economy


Pudong GDP estimated over 1 trln yuan in 2018

January 10, 2019


Abstract : Shanghai's Pudong New Area was estimated to have a GDP of more than 1 trillion yuan (146.5 billion U.S. dollars) in 2018, authorities said Wednesday.

SHANGHAI, Jan. 9 (Xinhua) -- Shanghai's Pudong New Area was estimated to have a GDP of more than 1 trillion yuan (146.5 billion U.S. dollars) in 2018, authorities said Wednesday.

Pudong's GDP has increased over 160 times, from 6 billion yuan when China started to develop and open up Pudong in 1990, officials said at the ongoing legislative session of Pudong.

Pudong's total fixed-asset investment is also estimated to have hit 200 billion yuan, and its foreign trade to have exceeded 2 trillion yuan in 2018.

Research and development spending has also increased and accounted for 4 percent of Pudong's GDP over the same period, with a series of projects launched to deepen innovation.


Related Coverage

Focus

Think Tank

  • How Can China’s Economy Maintain Steady Growth at a...

    February 15, 2019

    China needs to keep expanding its interconnectivity with global markets, pro...

  • Will China be the next Japan or South Korea?

    February 12, 2019

    As the development phase changes, expanding domestic demand has been brought...

  • Is GDP an obsolete tool in an era of social well-bei...

    February 2, 2019

    A serious talk has to take place between scholars and international organiza...

  • Consumption quality of China’s middle-income popula...

    January 31, 2019

    Building and expanding China's consumer market will not only need to increas...

  • Ask Us A Question

    If you have any questions, please enter them in the box below.

    Reload

    Write to Us

    Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

    Click on the button below to create your account and get imhttp://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

    Start a Free Trial