Ｉｎｖｅｓｔｍｅｎｔ　Ｇｕｉｄｅ　ｔｏ　Ｓｈａｎｇｈａｉ

Shanghai plays an important role in China's social and economic development. With a population of 16 million, Shanghai contributes1/12 of China's total industrial output value, 1/6 of China's port cargohandling volume, 1/4 of China's total exports and 1/8 of China's fi-nancial revenue. In 2007, Shanghai's GDP reached RMB 1.2 trillion(US$167.2 billion) up around 90 times over that of 1952 according to the comparable prices. The average annual growth rate becamedouble digit during the last several decades and hit 13.3 percent lastyear.