Urban Transformation: Shanghai Economic Development Blue Book (2006) (Includes CD-ROM)

Author: Zhou Zhenhua, Chen Wei
Publisher:
Publish Date: 2006-01-01
Features: This book provides a summary of the national economic situation in 2005 and focuses on the analysis and forecast of Shanghai's economic situation within this macro background. Its main viewpoints include:
1. Economic contraction occurred earlier than the national level.
2. The growth rates of major economic indicators not only fell short of the previous year but also lagged behind the same period nationwide, exhibiting a "dual low" phenomenon.
3. The share of the tertiary industry continued to decline, while resident consumer prices remained stable. The overall price level of industrial products showed a downward trend in growth.
4. Real estate prices surged first and then gradually declined.
5. Local government revenue continued to grow significantly.
6. The financial sector remained stable, but the stock market was extremely sluggish.