What industries dominate Shanghai and what are the development trends

Industrial production growth will slow down, but the overall will still maintain faster growth, driven by the electronic information products manufacturing industry, automobile manufacturing industry and the increment of new projects in the chemical zone. In the tertiary industry, finance, information, transportation, wholesale and retail, and accommodation and catering industries will still maintain faster growth, and the pattern of the second and third industries **** the same to promote economic growth will not change.

From the demand-driven point of view, investment in fixed assets to maintain stable and rapid growth, rail transit, Expo supporting projects and a number of projects to speed up the advancement of the annual investment growth is expected to maintain the level of the first half of the year. Consumer goods market continues to maintain a stable trend of operation, the annual total retail sales of consumer goods is expected to reach an increase of more than 12%. Foreign trade exports will continue to maintain rapid growth.

From the point of view of income distribution, on the one hand, with the introduction of income distribution reform measures this year, the basic pension standard for enterprise retirees, various types of preferential pension subsidy standards, urban low income subsidy standards will be increased appropriately, urban and rural residents are expected to steadily increase their incomes, and the compensation of workers is expected to have a stable growth. On the other hand, it is expected that the second half of the industrial enterprise taxes and profits will still maintain the trend of steady growth in the first half of the year, the enterprise efficiency further improved.

The balance of deposits in the city's financial institutions reached 249.43 billion yuan, an increase of 15.5 percent over the same period last year, while the contracted amount and actual amount of foreign direct investment grew by 1.7 percent and 3.5 percent respectively. In terms of energy supply, the city's power supply this year to meet the summer situation than in previous years has improved significantly, can ensure the power supply capacity of 18.8 million kilowatts or so, can ensure the normal operation of the city as well as the residents of the living electricity and key enterprises to produce electricity needs. In terms of land supply, in recent years, the city has strengthened land regulation, implemented land reserves, revitalization of land stock, basically able to ensure economic development on the demand for land resources. These are for the second half of the city's economy to maintain stable and rapid growth provides a reliable guarantee.

By the raw materials and industrial goods supply and demand changes in the impact of the Shanghai municipal raw materials, fuels, power purchase price level rose 3% over the same period last year, while the level of factory prices of industrial goods fell by 0.3% year-on-year, the difference between the two fell to 3.3 percentage points. Squeezed by the market and resources at both ends, the profitability of industrial enterprises to narrow the space, in which the petrochemical and iron and steel industries are more affected. In the first half of the year, petrochemical and fine chemical manufacturing profits fell 27.6% year-on-year. By the international iron ore prices rose sharply, the impact of falling domestic steel prices, fine steel manufacturing profits fell 40.9%.

Secondly, the appreciation of the renminbi and international trade friction on the city's foreign exports should be concerned about the impact. Renminbi appreciation is expected to China's export enterprises to form the pressure can not be ignored, the rising cost of foreign exchange on the profits of export enterprises, especially some of the labor-intensive export enterprises operating difficulties. In addition, the scope of trade friction has been extended to trade in services, intellectual property rights and other areas, and from the micro level of enterprises to the extension of the macro system level, which need to pay close attention to, effective response.