Official statistics indicated that the overall economy of Shanghai's Jiading district showed a steady and progressive upward trend, with key economic indicators continuously improving.
In 2023, the total added value of Jiading district reached 284.02 billion yuan ($39.04 billion), with a comparable growth of 2.1 percent. Specifically, the added value of its secondary and tertiary sectors amounted to 159.46 billion yuan and 124.2 billion yuan respectively.
1. Industrial production rebounds with strategic emerging industries leading
Its industrial sector achieved an added value of 156.8 billion yuan, with a comparable growth of 0.02 percent. The total industrial output value of industries above designated size was 450.44 billion yuan, a 0.1 percent year-on-year increase. Strategic emerging industries continued to lead, achieving an output value of 155.23 billion yuan, with a 4.1 percent growth.
2. Steady improvement in trade and consumption
The district's total retail sales of social consumer goods reached 160.78 billion yuan, a 5.4 percent increase. The accommodation and catering industry achieved a turnover of 4.13 billion yuan, an 18.6 percent increase.
3. Continued expansion in investment and rapid growth in real estate
Jiading's fixed asset investment reached 57.96 billion yuan, a 9.6 percent increase. Real estate development investment was 33.35 billion yuan, showing a 16 percent increase.
4. Rapid growth in leasing and business services
The leasing and business services sector in Jiading achieved an added value of 8.91 billion yuan, indicating a 13.2 percent growth. The transportation, warehousing, and postal industry achieved an added value of 7.63 billion yuan, a 3.5 percent growth.
5. Solid progress in financial sector and construction industry
The financial sector achieved an added value of 9.23 billion yuan, a 7.8 percent growth. The district's financial institutions had a loans and deposits balance of 743.76 billion yuan, a 13.9 percent increase. Construction industry enterprises achieved an output value of 13.68 billion yuan, a 2.9 percent increase.
6. Steady growth in the automotive industry and e-commerce
The automotive industry achieved an output value of 289.09 billion yuan, a 2.7 percent increase. The "online new economy" reached 350.75 billion yuan, an 11.3 percent increase, with e-commerce achieving 316.42 billion yuan, a 12.2 percent increase.