In 2023, Shanghai’s GDP will be 4721.8 billion yuan

According to the unified accounting results of the regional gross domestic product (GDP), Shanghai will achieve 4,721.866 billion yuan in 2023, an increase of 5.0% over the previous year at constant prices, according to the Shanghai Municipal Bureau of Statistics. By industry, the added value of the primary industry was 9.609 billion yuan, down 1.5%; The added value of the secondary industry was 1,161.297 billion yuan, up by 1.9%; The value added of the tertiary industry was 3,550.96 billion yuan, up by 6.0 percent.

Industrial production was stable, and key equipment manufacturing industries saw rapid growth

In 2023, the city’s industrial added value above designated size increased by 1.5% over the previous year; The total output value of industries above designated size was 3.939957 trillion yuan, down 0.2%. By industry, the total output value of the automobile manufacturing industry increased by 12.0%, the total output value of the electrical machinery and equipment manufacturing industry increased by 11.6%, and the total output value of the railway, ship, aerospace and other transportation equipment manufacturing industry increased by 14.6%. By product, the output of semiconductor memory disk increased by 1.0 times, and the output of 3D printing equipment increased by 29.4%.

In 2023, among the city’s industrial strategic emerging industries, the output value of the new energy automobile industry increased by 32.1% over the previous year, and the output value of the new energy industry increased by 21.3%.

The service sector grew rapidly, and the information, business and cultural services enjoyed good growth

In 2023, the added value of the city’s tertiary industry increased by 6.0% over the previous year. Of this total, the added value of the financial industry was 864.686 billion yuan, up by 5.2%; The added value of information transmission, software and information technology services was 473.203 billion yuan, up by 11.3%; The added value of the real estate industry was 355.518 billion yuan, down 0.3%; The added value of leasing and business services was 322.027 billion yuan, up by 8.1%; The added value of the transportation, warehousing and postal industries was 233.148 billion yuan, up by 15.6%; The added value of wholesale and retail trade was 509.452 billion yuan, up by 2.3%.

From January to November, the operating income of service enterprises above designated size in the city was 4,479.991 billion yuan, an increase of 2.5% over the same period last year. Among them, the operating income of information transmission, software and information technology services, leasing and business services, and culture, sports and entertainment increased by 17.7%, 12.4% and 31.6%, respectively.

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