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Sha Hailin Deputy Secretary-General of Shanghai Municipal Government Chairman, Shanghai Municipal Commission of Commerce I. Shanghais commerce in 2010 Success of World Expo 2010 Shanghai China Outstanding Economic Growth and Structural Readjustment Intensifying Indigenous Innovation Optimizing Urban Environment I. Shanghais commerce in 2010 Improved quality of life Continuing Open-up Step up measures to build up “Four Centers” I. Shanghais commerce in 2010 1、Rising consumption boosted the economy Total Sales of Commodities: RMB 3.74 tirllion Total Retail Sales of Consumer Goods: RMB 603.686 triliion Commerce contributed 20.3% and 23.6%, respectively, to Shanghais GDP growth and tax revenue growth. It also ranked on top of job creation among all sectors 2.foreign trade recovered quickly. Our adaptive measures were proven effective Last year, the total import and export value reached USD 368.87 billion, a y-o-y growth of 32.8% and 12.4% of the national total. Total export stood at USD 180.78 billion,a y-o-y growth of 27.4%. Total import was USD 188.09 billion, a y-o-y growth of 38.5%. USD 52.27 billion added compared to 2009 Trade in services expected to be over USD 100 billion I. Shanghais commerce in 2010 3. The utilization of foreign investment grew steadily, the structure of foreign investment improved further. Regional headquarters 305 Investment companies 213 R D centers 319 The structure of foreign investment improved further Of the total foreign investment, 79.4%, 19.8% and 0.8% targeted the tertiary, secondary and primary industries, respectively. Headquarters economy kept the growth momentum. I. Shanghais commerce in 2010 4. Investment abroad grew healthily, the going international efforts accelerated. I. Shanghais commerce in 2010 Oversas direct investment projects/Total investment Overseas engineering projects Overseas labour service 301/USD 2.42 billion USD 6.896 billion USD 645
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