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Shanghai Daily News Digest

Shanghai's economy grows 6.7%   2016-10-21

 

 

SHANGHAI'S gross domestic product grew 6.7 percent in the first three quarters of this year from a year earlier and was in line with the national economic growth, the Shanghai Statistics Bureau said yesterday.

The expansion remained flat from that in the first half of the year, the bureau said.

Services, which accounted for 70.9 percent in the total economic output, was the main driver of the GDP growth. The sector rose 10.3 percent in the first nine months, while manufacturing dipped 0.7 percent and agriculture fell 12.1 percent, data showed.

 


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