In 2024, the real gross domestic product (GDP) of Shanghai municipality in China increased by around *** percent from the previous year. Shanghai is the most populous city in China and has the largest GDP of all Chinese cities. It is located in Eastern China on the southern estuary at the mouth of the Yangtze river. Development of GDP growth in Shanghai As a bridgehead to global markets and a forerunner in market opening, Shanghai experienced a decades long economic boom, which massively changed the shape of the city. Economic growth rates had double digits for more than two decades since 1992 and were well above the Chinese national average. This changed fundamentally with the global financial crisis. In 2008, the growth rate fell below ten percent and gradually declined thereafter. Growth rates now got closer to the national average of GDP growth. While the economic development in Shanghai has already reached a high level, other regions in China are catching up, and growth rates in many inland regions of China are now higher than in Shanghai. This is especially true on a city level, with many lower-tier cities experiencing higher growth rates than Shanghai. Sector distribution of GDP growth Upon closer examination of the distribution of GDP across economic sectors, it becomes obvious that the service sector of the economy exhibited the highest growth rates in most of the recent years. In 2024, services already accounted for more than ** percent of the value added to the GDP, which is far above the national average. In contrast, the industrial sector, which had once been of great importance to Shanghai's economy, is losing momentum and its share in total economic output is shrinking constantly. Financial intermediation and information industries were branches in the service sector that displayed the fastest growth rates in recent years.

In 2024, the gross domestic product (GDP) of Shanghai municipality in China amounted to approximately 5.39 trillion yuan. Shanghai is the most populous city in China and has the largest GDP of all Chinese cities. It is located in Eastern China on the southern estuary at the mouth of the Yangtze river. Development of GDP in Shanghai The GDP of Shanghai has previously grown at a high pace, but economic development has gradually lost momentum over the years. GDP growth in Shanghai, which developed very close to national figures in recent years, ranged at 5.0 percent in 2024. From a sectoral point of view, the tertiary sector of the economy displayed the highest growth rates in most of the past years and services already account for more than 75 percent of the value added to the GDP. In contrast, the share of the industrial sector, which had once been of great importance to Shanghai, has been shrinking in most of the years. Branches in the service sector of the economy that experienced the fastest development were financial intermediation and information industries. Per capita GDP in Shanghai Set in relation to the population size of the city, the economic success of its inhabitants becomes apparent. Per capita GDP of Shanghai citizens exceeded 20,000 U.S. dollars on average for the first time in 2019, which is in the global middle field and well above the average in East Asia. However, when comparing it to other cities or regions, it has to be taken into account that the administrative area of Shanghai municipality is quite large and includes distant suburbs as well as villages on agrarian land. For this reason, Shanghai’s per capita GDP is quite high and only second to Beijing when it is compared on a provincial level in mainland China. However, when compared on a city level, with other Chinese cities often having smaller administrative areas not including distant suburbs, Shanghai’s per capita GDP ranks only within the leading 10 cities.

In 2024, the service sector contributed around 78.2 percent to the gross domestic product (GDP) of Shanghai municipality in China. The share of the tertiary sector increased by around ten percentage points over the last decade.

China PE Ratio: Trailing Twelve Months: Shanghai SE: All Share data was reported at 13.600 NA in 14 May 2025. This records an increase from the previous number of 13.470 NA for 13 May 2025. China PE Ratio: Trailing Twelve Months: Shanghai SE: All Share data is updated daily, averaging 13.400 NA from Oct 2008 (Median) to 14 May 2025, with 4001 observations. The data reached an all-time high of 24.240 NA in 12 Jun 2015 and a record low of 9.270 NA in 19 May 2014. China PE Ratio: Trailing Twelve Months: Shanghai SE: All Share data remains active status in CEIC and is reported by China Securities Index Co., Ltd.. The data is categorized under China Premium Database’s Financial Market – Table CN.ZA: Shanghai Stock Exchange: PE and PB Ratio: Daily.

GDP: Shanghai: Pudong New data was reported at 1,671,515.000 RMB mn in 2023. This records an increase from the previous number of 1,601,340.000 RMB mn for 2022. GDP: Shanghai: Pudong New data is updated yearly, averaging 257,936.000 RMB mn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 1,671,515.000 RMB mn in 2023 and a record low of 6,024.000 RMB mn in 1990. GDP: Shanghai: Pudong New data remains active status in CEIC and is reported by Shanghai Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AI: Gross Domestic Product: Municipality District.

In 2023, the share of Shanghai's economy in China's total gross domestic product (GDP) amounted to 3.7 percent. Shanghai's share decreased gradually from around 5.0 percent in 2005 to 3.7 percent in 2015, as the economic development in other provinces, especially in the inner parts of China, caught up.

GDP: Shanghai data was reported at 5,392.671 RMB bn in 2024. This records an increase from the previous number of 5,140.447 RMB bn for 2023. GDP: Shanghai data is updated yearly, averaging 51.814 RMB bn from Dec 1949 (Median) to 2024, with 76 observations. The data reached an all-time high of 5,392.671 RMB bn in 2024 and a record low of 2.028 RMB bn in 1949. GDP: Shanghai data remains active status in CEIC and is reported by Shanghai Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AE: Gross Domestic Product: Prefecture Level City.

Customs records of are available for SHANGHAI GREAT ECONOMY DEVELOPMENT. Learn about its Importer, supply capabilities and the countries to which it supplies goods

The per capita GDP contribution of Shanghai amounted to around ******* yuan in 2023, up from ******* yuan in the previous year. Shanghai is one of the largest cities in China. In terms of GDP, it was also the Chinese city with the largest GDP contribution, followed by Beijing and Shenzhen. Shanghai's economic development Shanghai’s GDP growth rate ranged at *** percent in 2023, slightly below the level of Chinese national GDP growth. As the leading city in the Yangtze River Delta Economic Zone, Shanghai is one of the most active cities for business and trade in China. While the share of the industrial sector in Shanghai’s GDP continues to shrink, the city’s economy is becoming increasingly reliant on the service sector. In 2013, the first free-trade zone in Mainland China was launched in Shanghai, making Shanghai play an essential role in China’s economic reforms. A friendlier investment environment, less tax burdens and a more open financial market for foreign companies were expected to be promoted there. Living in Shanghai Shanghai became world famous when it was recognized by the Europeans in the 19th century for its economic potential as an important harbor city. Today, it is still one of the most open and active cities in China. Migration from across China and other countries makes Shanghai a melting pot of different cultures, which can also be found in its diverse catering industry. In terms of housing prices, it’s one of the most expensive cities in China. Still, the colorful life and plentiful opportunities are attracting numerous young people to come to the city for study and work.

Customs records of are available for SHANGHAI NEW WAY ECONOMY. Learn about its Importer, supply capabilities and the countries to which it supplies goods

Employment: Shanghai data was reported at 13.450 Person mn in 2023. This records a decrease from the previous number of 13.470 Person mn for 2022. Employment: Shanghai data is updated yearly, averaging 7.919 Person mn from Dec 1993 (Median) to 2023, with 22 observations. The data reached an all-time high of 13.740 Person mn in 2020 and a record low of 6.700 Person mn in 1998. Employment: Shanghai data remains active status in CEIC and is reported by Ministry of Human Resources and Social Security. The data is categorized under China Premium Database’s Labour Market – Table CN.GB: Employment: Region.

GDP: Shanghai: Qingpu data was reported at 144,008.000 RMB mn in 2023. This records an increase from the previous number of 133,445.000 RMB mn for 2022. GDP: Shanghai: Qingpu data is updated yearly, averaging 15,647.915 RMB mn from Dec 1980 (Median) to 2023, with 44 observations. The data reached an all-time high of 144,008.000 RMB mn in 2023 and a record low of 271.730 RMB mn in 1980. GDP: Shanghai: Qingpu data remains active status in CEIC and is reported by Shanghai Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AI: Gross Domestic Product: Municipality District.

China's main stock market index, the SHANGHAI, rose to 3448 points on July 1, 2025, gaining 0.11% from the previous session. Over the past month, the index has climbed 2.57% and is up 15.06% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from China. China Shanghai Composite Stock Market Index - values, historical data, forecasts and news - updated on July of 2025.

In 2023, Shanghai was the city with the largest GDP in China, reaching a value added of approximately 4.7 trillion yuan. The four Chinese first-tier cites Beijing, Shanghai, Shenzhen, and Guangzhou had by far the strongest economic performance. Development of Chinese cities Rapid urbanization and economic growth have reshaped all Chinese cities since the economic opening up of China. While the first-tier cities have overall benefitted most from this development, the last two decades have seen many second-tier cities catching up. For many years already, growth rates in Qingdao, Hangzhou, Changsha, and Zhengzhou have been higher than in Shanghai or Beijing.This development was driven by lower costs in smaller cities, a specialization of their economies, and political measures to support inland cities and ease the pressure on the largest municipalities. Today, per capita GDP in cities such as Suzhou, Nanjing, and Shenzhen is already higher than in Beijing or Shanghai. Future perspectives Competition between cities will further change China’s urban landscape in the future. Medium-sized cities that can provide an attractive economic environment have the potential to grow their economy at a faster pace, attract immigration, and further increase their relative importance. Cities that are losing their competitive edge, however, like Shenyang, Dalian, and other cities in the northeastern rustbelt, are increasingly confronted by economic stagnation and demographic decline.

Customs records of are available for SHANGHAI ECONOMY AND FOREIGN TRADE PUDONG INDUSTRIAL CO.,LTD. Learn about its Importer, supply capabilities and the countries to which it supplies goods

Customs records of are available for SHANGHAI BILLY ECONOMY AND TRADE. Learn about its Importer, supply capabilities and the countries to which it supplies goods

Customs records of are available for SHANGHAI ORIGINAL ECONOMY TRADE DEVELOP CO.,LTD. Learn about its Importer, supply capabilities and the countries to which it supplies goods

Shanghai: Tourism Revenue: Foreign Currency data was reported at 11.092 USD bn in 2024. This records an increase from the previous number of 6.187 USD bn for 2023. Shanghai: Tourism Revenue: Foreign Currency data is updated yearly, averaging 3.904 USD bn from Dec 1994 (Median) to 2024, with 31 observations. The data reached an all-time high of 11.092 USD bn in 2024 and a record low of 850.000 USD mn in 1994. Shanghai: Tourism Revenue: Foreign Currency data remains active status in CEIC and is reported by Shanghai Municipal Tourism Administration. The data is categorized under China Premium Database’s Tourism Sector – Table CN.QRA: Tourism: Shanghai.

Customs records of are available for SHANGHAI YIBAILI ECONOMY. Learn about its Importer, supply capabilities and the countries to which it supplies goods

Customs records of are available for SHANGHAI JUNCHEN ECONOMY TRADE CO.,LTD. Learn about its Importer, supply capabilities and the countries to which it supplies goods