Trade volume in Shanghai grows
During the first half of this year, Shanghai registered double-digit growth in import and export volume for the first time since 2012. According to Shanghai Customs, the total import and export volume, only next to that of Guangdong and Jiangsu provinces, reached 1.6 trillion yuan ($236.5 billion) during the first six months, up 18.7 percent year-onyear. China (Shanghai) Pilot Free Trade Zone accounted for over 40 percent of the city’s total import and export volume. Mechanical and electrical products took up the majority 70.6 percent of total export, while bulk commodities, passenger cars, medical and healthcare products were among the top import categories.