Urban Transformation - Shanghai Economic Development Blue Book (2006)

Author: Zhou Zhenhua, Chen Wei (Editor-in-Chief)
Publisher:
Publish Date: 2006-01-01
Features: The series of books published by Social Sciences Academic Press in recent years is a large-scale collection of authoritative research reports. Each year, at the end of the year and the beginning of the new year, it analyzes and forecasts the current status and development trends of various fields such as economy and society in China and the world. The authors of this series are primarily experts from the Chinese Academy of Social Sciences, who are top-tier experts from first-class research institutions in China. Their views and perspectives reflect the highest level of understanding and insight into the reality and future of China and the world, making them unquestionably authoritative. Additionally, each book comes with a database CD-ROM, which serves as both an e-book and a database. After installation, it can be accessed via computer, allowing for quick retrieval and research by entering any keyword. This makes reading, researching, and studying more convenient and efficient. This book summarizes the national economic situation in 2005 and focuses on the analysis and forecast of the economic situation in Shanghai within this macro background. Its main findings include:
1. Economic contraction occurred earlier than the national level.
2. The growth rates of major economic indicators were not only lower than those of the previous year but also lower than the national average during the same period, exhibiting a "dual low" phenomenon.
3. The proportion of the tertiary industry continued to decline, while resident consumer prices remained stable. The overall price level of industrial products showed a declining trend.
4. Real estate prices first surged and then gradually fell.
5. Local fiscal revenue continued to grow significantly.
6. The financial sector remained stable, but the stock market was extremely sluggish.