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Shanghai Daily News Digest

Pudong measures aimed to spur development   2019-06-26

 

 

A new set of measures have been announced by the city government yesterday to push the Pudong New Area to become the nucleus of high-quality Chinese-style development. Under the fresh new measures, Pudong will deepen reform and expand the opening-up that will see it play a leading role in the country. It will focus on technological innovation and industry upgrade and promote urban construction to create a better life for its residents. If the announced 20 measures are implemented, Pudong’s GDP is very likely to witness an annual increase of 7-8 percent. After seven years, Pudong’s economic aggregate is expected to exceed 2 trillion yuan (US$29 billion), according to Ma Chunlei, director of Shanghai Development and Reform Commission.  

 


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