Government News
Shanghai's 'Two Sessions' design 2026 growth blueprint 2026-02-03
Shanghai's 2026 gross domestic product (GDP) growth target is approximately 5 percent.
Key objectives include strengthening the Sci-Tech Innovation Board (STAR Market) to cultivate "patient capital" and exploring an offshore financial system.
The city will attract foreign investment in finance, telecom, healthcare, and tourism.
Development will focus on three leading industries (integrated circuits, biomedicine, and artificial intelligence), which exceeded 2 trillion yuan (US$288.35 billion) in scale in 2025, and support future sectors like the low-altitude economy. The 2025 GDP was 5.67 trillion yuan, with 5.4 percent growth.
Source: City News Service
