Shang­hai GDP grows 6.9%

China Daily (Hong Kong) - - BUSINESS -

Shang­hai’s gross do­mes­tic prod­uct ex­panded at a rate of 6.9 per­cent year-on-year to 1.39 tril­lion yuan ($205 bil­lion) in the first six months of this year, 0.2 per­cent­age points higher than the same pe­riod last year, and the con­sumer price in­dex was 1.9 per­cent, down 1.2 per­cent­age points from a year ago, ac­cord­ing to the Shang­hai Mu­nic­i­pal Sta­tis­tics Bureau. Sta­tis­tics showed that the added value of the ter­tiary in­dus­try grew 7.0 per­cent year-on-year, ac­count­ing for 69.9 per­cent of the to­tal GDP.

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