Despite being home to Tesla’s US$2 billion Gigafactory 3, Shanghai’s ambitions of transforming itself into a global financial centre by this year remain unfulfilled. Photo: Xinhua

Shanghai aiming for 6 per cent GDP growth in 2020, will bank on foreign investment and exports, mayor says

  • Shanghai barely met its target for 2019 amid the US-China trade war
  • City will facilitate foreign investment, particularly in free-trade zone at Lingang
Topic |   Shanghai free-trade zone
Despite being home to Tesla’s US$2 billion Gigafactory 3, Shanghai’s ambitions of transforming itself into a global financial centre by this year remain unfulfilled. Photo: Xinhua
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