Shanghai is keen to transform itself into a global financial centre on par with New York and London by 2020. Photo: BloombergShanghai is keen to transform itself into a global financial centre on par with New York and London by 2020. Photo: Bloomberg
Shanghai is keen to transform itself into a global financial centre on par with New York and London by 2020. Photo: Bloomberg
Business /  Companies

Shanghai promises more open economy, tax cuts amid expectations of slowest economic growth since 1990

  • City expects GDP to expand at between 6 per cent and 6.5 per cent in 2019
  • Difficulties loom ahead, Mayor Ying Yong tells local congress
Topic |   China economy
Daniel Ren
Daniel Ren

Updated: 6:07am, 28 Jan, 2019

Why you can trust SCMP
Shanghai is keen to transform itself into a global financial centre on par with New York and London by 2020. Photo: BloombergShanghai is keen to transform itself into a global financial centre on par with New York and London by 2020. Photo: Bloomberg
Shanghai is keen to transform itself into a global financial centre on par with New York and London by 2020. Photo: Bloomberg
READ FULL ARTICLE