Shanghai's economy grows 6.8pc

Xinhua, SHANGHAI: Shanghai's economy grew 6.8 per cent in 2016, the local statistics bureau announced yesterday.
It outpaced the country's 6.7 per cent GDP growth but is slightly lower than the 6.9 per cent increase in the previous year.
Shanghai's GDP reached 2.75 trillion yuan (400 billion US dollars) with continued expansion of the tertiary sector, which made up 70.5 percent of last year's gross domestic product, 2.7 percentage points more than in 2015.
Value added in primary industries dropped 6.6 per cent to 11 billion yuan, while growth in secondary and tertiary industries were 1.2 per cent and 
9.5 per cent, respectively.

Shanghais economy grows 6.8pc

Xinhua, SHANGHAI: Shanghais economy grew 6.8 per cent in 2016, the local statistics bureau announced yesterday. It outpaced the countrys 6.7 per cent GDP growth but is slightly lower than the 6.9 per cent increase in the previous year. Shanghais GDP reached 2.75 trillion yuan (400 billion US dollars) with continued expansion ofthe tertiary sector, which made up 70.5 percentof last years grossdomestic product, 2.7 percentage points more than in 2015. Value added in primary industries dropped 6.6 per cent to 11 billion yuan, while growth in secondary and tertiary industrieswere 1.2 per cent and 9.5 per cent, respectively.