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Shanghai Economy Maintains Stability Progress In 2019

Business models and new businesses, company formats held a momentum.

This energy industry’s output increased by 15 percent and earnings of the online industry soared by over 30 percent.

Prices remained stable, with the Consumer Price Index up by 2.5 percent.

Over one-third shortened time.

The other highlight was the launch of the Shanghai Stock Exchange’s Marketplace using a IPO system moving smoothly’s experimentation.

The amount of innovation patents per 10,000 individuals increased to 53.5.

Employment remained steady with tasks.

Improvements have led to this rise of China’s standing from the Doing Business Report of the World Bank.

Concerning attracting foreign investment, Shanghai saw the amount of foreign investment jobs grow by 21.5 %.

The quantity of contractual and paid-in foreign funding climbed 7.1 and 10.1 percent, respectively.

Along with the amount of new regional headquarters and R&D centres of multinational corporations increased by 50 and 20, respectively.

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