Government News

Shanghai Daily News Digest

Shanghai sees steady economic growth in November   2017-12-22

 

 

Shanghai's economic growth in November was steady, with increases in industrial output, consumer prices and transport activity, according to Shanghai Statistics Bureau.

The value of total output of industrial enterprises above a designated size grew 1.3 percent in November from the same month last year to 310.78 billion yuan (US$47.16 billion).

November's industrial sales-output ratio edged up 0.8 percentage point from that of the same month in 2016 to 99 percent. But the value of exports of industrial companies in Shanghai dropped 4.7 percent to 67.21 billion yuan.