Shanghai marks milestone in industrial output, driven by new growth drivers

Shanghai's industrial production posted strong growth in 2025, driven by the city's push to upgrade its industrial structure, official data showed.

The total output of Shanghai’s industrial enterprises above designated size, or those with an annual revenue of 20 million yuan or above, reached 4 trillion yuan ($585 billion) in 2025, according to the Shanghai Municipal Commission of Economy and Informatization.

The value-added industrial output grew by 5.1 percent, the fastest in four years, according to the commission.

The city's overall industrial output rose by 4.6 percent, 3.9 percentage points higher than the 2024 rate.

Supported by stepped-up efforts to develop new productive forces, output of strategic emerging manufacturing sectors grew by 6.5 percent in 2025.

Notably, new energy expanded by 12.8 percent, and high-end equipment manufacturing grew by 11.1 percent. Over the past five years, the share of strategic emerging industries in Shanghai's total industrial output has increased from 40 percent to 45 percent.

Three pioneering sectors — integrated circuits, artificial intelligence, and biomedicine — recorded a combined growth of 9.6 percent in 2025. Among them, integrated circuits grew by 15.1 percent, and AI manufacturing rose by 13.6 percent.

The city also achieved breakthroughs in areas such as large aircraft and high-end ship manufacturing.

To sustain this momentum, Shanghai has rolled out a three-year action plan to support advanced manufacturing. By 2028, the city aims to add 100 manufacturing firms with annual revenue exceeding 1 billion yuan.

In 2026 alone, construction is set to begin on 133 projects with a total investment of 110 billion yuan.