Shanghai has set itself an ambitious GDP target of 6 per cent, after clocking 1.7 per cent growth last year. Photo: EPA-EFE
Shanghai has set itself an ambitious GDP target of 6 per cent, after clocking 1.7 per cent growth last year. Photo: EPA-EFE
Business /  Companies

Shanghai banks on big-ticket foreign direct investments to achieve ambitious growth and employment targets

  • Mayor Gong Zheng says FDI projects would continue to be a major growth driver after inflows reach a record US$20.2 billion last year
  • Shanghai has set a goal to achieve 6 per cent GDP growth and create 500,000 new jobs this year

Daniel Ren
Daniel Ren in Shanghai

Updated: 8:30am, 28 Jan, 2021

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Shanghai has set itself an ambitious GDP target of 6 per cent, after clocking 1.7 per cent growth last year. Photo: EPA-EFE
Shanghai has set itself an ambitious GDP target of 6 per cent, after clocking 1.7 per cent growth last year. Photo: EPA-EFE
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