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Home arrow News & Interviews arrow News October 2008 arrow Shanghai's Economy Grows 10.1 Per Cent
Shanghai's Economy Grows 10.1 Per Cent PDF Print E-mail
 

By Peter Bachmann, on 29-10-2008 06:05

Published in : The News, News October 2008


The economy of Shanghai expanded 10.1 per cent from January to September 2008, the city's Mayor Han Zheng said during a press conference.

 

"Shanghai continues with its healthy, stable and smooth development," Han said following a meeting with Netherlands' Prime Minister Jan Peter Balkenende.

The consumer price index rose 6.7 per cent in the same period year-on-year, well above the 4.8 per cent level that the government has set as its end of year goal. Investments grew 4.8 per cent, to RMB326.9 bn. New figures from the Shanghai Statistics Bureau show that around 40,000 foreign companies are registered in the city.

Statistics for the third quarter alone were not available.

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Keywords : Shanghai, Economy, GDP, Investment, Finance


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