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Shanghai : Office Snapshot - Q2 2013

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Shanghai : Office Snapshot - Q2 2013

Shanghai’s GDP has maintained a modest recovery and isnow slightly higher than the national average. Based on Shanghai’s current positioning in an early period of economic restructuring, the city’s GDP growth rate has steadily recovered after stagnating in early 2012. In the first quarter of 2013, Shanghai’s GDP reached RMB493.75 billion, an increase of 7.8% year-on-year, slightly higher than the national average of 7.7% and an improvement from the previous year. From January to April, fixed-asset investment totalled RMB138.3billion, a year-on-year increase of 13.0% and resumption of double-digit growth. Investment in tertiary sector activity exceeded total growth rates at 20.1%. 

Source : Cushman & Wakefield

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