Shanghai is implementing an action plan to improve its ability to allocate global resources and achieve high-quality development in the service economy by 2020.

On April 22, the city released a three-year plan on developing the Shanghai Service brand to enhance its capability to serve as an economic center, the city government said at a press conference yesterday.

During the 2018-2020 period, the city will lay emphasis on enhancing the ability to serve the Yangtze River Delta, the area along the river, the country, the Belt and Road Initiative, and indeed the whole world.