Shanghai's industrial enterprises realized industrial added value of 869.5 billion yuan ($123.47 billion) in 2018, up an annual 1.9 percent based on comparable prices. Industrial output from enterprises above designated size reached 3.48 trillion yuan, up 1.4 percent year-on-year.

Key Industries

The six pillar industries in Shanghai refer to manufacturing of electronic and information-technology products, auto making, petrochemical and fine chemical processing, fine steel products manufacturing, the production of complete equipment, and biomedicine. In 2018, the combined output of the six industries hit 2.39 trillion yuan, up 1.4 year-on-year and accounting for 68.5 percent of the city's total industrial output from enterprises above designated size.

Strategic Emerging Industries

In 2018, the industrial output from emerging strategic industries, such as new energy, high-end equipment, biotechnology, information technology, new materials, green cars and energy conservation, totaled 1.07 trillion yuan, up a yearly 3.8 percent and accounting for 30.6 percent of the city's industrial output from enterprises above designated size. Its growth rate outpaced that of industrial output from enterprises above designated size by 2.4 percentage points. Except for new materials, the other six industries registered growth. Biotechnology, information technology and high-end equipment posted stronger increases, at 9.8 percent, 5.8 percent and 5.7 percent.