Investing in Shanghai
Shanghai is a municipality located in Eastern China. Acknowledged to be China’s main economic and financial center and, one of the most important in the World. Along with having the main centers of research and technological innovation. Shanghai is well-known for its dynamic and stimulating international environment, which has allowed it to collect a significant portion of foreign investment. Furthermore, Shanghai is China’s first Pilot Free Trade Zone which established in 2013. Shanghai is the most populous city proper in the world with a population of 24.8 million inhabitants covering a total surface area of 6,340 km2.
Local authority data shows that Shanghai Province recorded total exports of USD 936 billion and total imports of USD 546 billion, with 87,300 established foreign investment companies. In addition to an average urban salary of USD 21,218.
In terms of GDP among the provinces in China, Shanghai ranked 10th, reaching USD USD 561 billion in 2020 and 548 billion in 2019 with a GDP per capita of USD 23,097. Along with GDP growth of +6.0% in 2019 and +1.7% in 2020.
Main Economic Centers (GDP) in Shanghai
Pudong (USD 183 billion)
Jiading (USD 37 billion)
Huangpu (USD 37 billion)
Minhang (USD 36 billion)
Jing’an (USD 33 billion)
Main Sectors in Shanghai
Main Industrial Areas in Shanghai
Shanghai Pilot Free Trade Zone
Lujiazui Financial and Trade Zone
Jinqiao Economic and Technological Development Zone
Zhangjiang High-tech Park
Lingang Special Area
Waigaoqiao Bonded Logistics Park
Yangshan Bonded Port Area
Caohejiang Technology Development Zone
Songjiang Economic and Technological Development Zone
Hongqiao Economic and Technological Development Zone
Minhang Economic and Technological Development Zone
Shanghai Chemical Industry Economic and Tech. Devel. Zone
(Shanghai) Pilot Free Trade Zone
Established in 2013 known as Worldwide investment and commercial center.
With a purpose of implanting reforms to liberalise and facilitate trading, investment, movement of capital and currency exchange and to create an area with the highest degree of openness.
The target industries are financial and insurance services, international trade, logistics, e-commerce, advanced manufacturing, regional headquarters. Besides, the functional areas include the Waigaoqiao area (11 sq. km), Yangshan Free Port area (14.1 sq. km), and Pudong Airport area (3.6 sq. km), Jinqiao area (20.5 sq. km), Lujiazui and Expo area (34.3 sq. km), Zhangjiang Hi-Tech Zone area (37.2 sq. km), and Lingang New area (119.5 sq. km).