Main Industries history

That was why the household contract responsibility system was not implemented in Shanghai's rural areas until 1983.

In 1985, the State Council approved the Outline of the Report on Shanghai's Economic Development Strategies.

By the end of 1987, within a 261-kilometer downtown area of Shanghai (excluding Wusong and Minhang Districts) were stationed 5,603 industrial enterprises, employing 2,162,400 people and generating a gross industrial output value of RMB 61.028 billion.

In 1988, there was an overheating in the national economy, leading to a fairly serious fluctuation in Shanghai's industrial growth (Figure 1.2). On the whole, however, because of the industrial

By the end of 1994, Shanghai had a total of more than 1,300 high-rise buildings.

The stage of continued optimization of industrial structure (1997–present)

And in 2000, the last year in the ninth Five-Year Plan period, the proportion of tertiary industry reached as high as 50.63%. This indicates that the driving force for Shanghai's economic growth had changed from secondary industry to a combination of secondary and tertiary industries. It is worth mentioning that tertiary industry contributed to 49.59% of the GDP in 1999, exceeding secondary industry for the first time in history.

The metropolitan industry did not see a substantial kickoff in Shanghai until 2000.

By 2004, through internal adjustments, the proportion of the service industry in GDP dropped to 47.9% (Table 1.7). In the Eleventh Five-Year Plan, the productive service industry will be the focus of Shanghai's industrial development.

The Suggestions by CPC Shanghai Municipal Committee for Formulating the Eleventh Five-Year Plan for Shanghai's Economic and Social Development was adopted in December 2005.

By 2006, Shanghai had formed a cluster of high-tech industries, with a focus on electronic information, biomedicine, and new materials.