Shanghai sees steady first-half growth

Faced with a number of economic uncertainties, especially those in international trade relations, Shanghai still managed to see steady growth in the first half of this year, steering toward economic restructuring and upgrading as the municipal government has planned.

According to data provided by the municipal statistics bureau, Shanghai's GDP value was more than 1.56 trillion yuan ($233 billion) in the first half of this year, up 6.9 percent year-on-year. China's GDP growth rate was 6.8 percent in the first six months, according to information released on Monday by the National Bureau of Statistics.

The tertiary sector in Shanghai showed the most robust growth of 7.4 percent year-on-year in the first half, with added value of around 1.08 trillion yuan. The tertiary sector accounted for 69.2 percent of Shanghai's total GDP in the past six months.