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GDP: 540.876 billion yuan (2002).

GDP growth rate: 10.9 percent.

Average GDP per capita: 34,600 yuan in 2000.

GDP ratio (1st, 2nd and tertiary industries): 1.7 : 47.6 : 50.7 (2001).

Poverty alleviation plan:

In 1999, the government’s poverty alleviation plan covered a poor population of 466,000 in urban districts and suburban towns. A total of 113,000 citizens in urban areas were guaranteed subsidies for basic living necessities, and 45,000 people received support in kind.

Revenues: 220.2 billion yuan in 2002, up by 10.4 percent from the previous year.

Industrial added value: 231.28 billion yuan.

Foreign trade:

In 2002, the total value of imports and exports reached US$72.66 billion, up by 19.3 percent from the previous year.

Foreign investment:

By the end of 2002, a total of 104 countries and regions have investment in Shanghai. During the year, Shanghai approved 3,012 foreign direct investment projects, up by 22.5 percent from 2001. The contractual value amounted to US$10.57 billion, of which US$5.03 billion were actually used. These two figures were 43.4 percent and 14.5 percent up from the previous year respectively.

Friendship cities:

By the end of 2000, Shanghai has established long-term friendship relations with 47 cities (provinces, states) in 39 countries. A total of 39 countries had set up consulates in Shanghai.

Pillar industries:

Auto industry, electronic and telecommunications equipment industry, manufacture of power station equipment and parts, petrochemical and fine chemical processing industry, iron and steel industry, and home electric appliances industry.

Agriculture:

In 2002, the total agricultural output value in Shanghai reached 23.37 billion yuan. Of this figure, plantation contributed 9.74 billion yuan, animal husbandry contributed 8.7 billion yuan and fishery contributed 4.23.

Shanghai has made great effort in promoting the industrialization process of agriculture to probe new development approaches. By the end of 2000, the construction of facilities for the first group of four modern agricultural parks had been finished. A group of projects, including vegetable, flower and edible fungus production and farming product processing, began operation. More than 300 large and medium-sized, or foreign-funded, agricultural enterprises as well as 234 modern vegetable farms had been established. Great process has also been made in building new-type agricultural industry with the establishment of various projects such as that for seed cultivation, greenhouse, biological engineering and urban greenery.

Industry:

Shanghai became China's center for textile industry in the 16th century and has been one of the largest industrial bases in the country since 1949. Now it is China’s largest economic and shipping center and will gradually develop into an international center of economy, trade and shipping.

In 2002, Shanghai’s state-owned and state-holding industrial enterprises made total profits of 31.82 billion yuan, making up 58.4 percent of the city's total industrial profits. The pillar industries represented by the auto industry yielded 451.788 billion yuan, making up 58.4 percent of the city’s total output value.

Commerce:

In 2002, the commercial sector in Shanghai achieved 36.34 billion yuan in added value, up by 11.1 percent from the previous year. The total turnover from retails of consumer goods reached 203.52 billion yuan. The number of chain stores had reached 6,432. The annual chain business sales value amounted to 63 billion yuan, up by 21.2 percent from the previous year. Lianhua, Hualian and Nonggongshang have become the largest chain supermarkets in China. E-business and e-sales have also developed rapidly in Shanghai.

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