Shanghai’s industrial sector continued onits path of fast growth during quarter one, realizing a gross industrial output value of RMB 645.65 billion with an annual growth rate of 31.9 percent. Of the city’s 34 major industries, 29 all achieved positive growth over last year. Auto & Logistics Equipment Manufacturing achieved the highest growth of 65.4 percent, followed by Computer and Other Electronic Equipment Manufacturing, which had an annual growth of 58.8 percent. As the global economy further improved, the value of industrial product export rose by 26.4 percent year-on-year, reaching RMB 171.76 billion.
Source : Knight Frank