Shanghai aims to become one of the world's top three cities by economic scale within this decade, driven by an ambitious annual GDP growth target that was outlined in the draft of the city's 15th Five-Year Plan (2026-30).
Already one of China's most dynamic economic hubs and the first city to surpass the GDP mark of 5 trillion yuan ($720 billion), Shanghai is targeting an average annual GDP growth rate of around 5 percent over the next five years. The goal is expected to significantly enhance the city's overall economic strength, global competitiveness and residents' livelihoods.
The draft outline was unveiled at the annu
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