Economic Development
Source: Baoshan Yearbook 2022 Author: Public Time: 2023-02-16 10:08

Overview

In 2021, Baoshan District recorded a Gross Domestic Product (GDP) of 172.556 billion RMB, a growth of 6.5% over the previous year. The total investment in fixed assets amounted to 65.707 billion RMB, up by 1.8%. Of the total amount, the industrial investment was 12.797 billion RMB, up by 29.2%; the investment in real estate development stood at 39.569 billion RMB, down by 3.9%. The total output value of industrial enterprises above designated size was 257.716 billion RMB, up by 25.2%. The total sales of commodities amounted to 1,011.044 billion RMB, up by 25%, ranking first in Shanghai in terms of growth rate. The total retail sales of consumer goods reached 85.039 billion RMB, an increase of 8.9% over the previous year.

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