GDP of Shanghai's Pudong likely to have reached 1 trillion yuan

Shanghai's Pudong New Area, a shining symbol of China's modernization, is likely to have recorded a gross domestic product last year of over 1 trillion yuan ($145.4 billion) - the first time the GDP would have broken this key threshold.

The special district, which contributed roughly one-third of Shanghai's annual economic output in 2018, will likely break the annual GDP threshold, according to predictions from district officials made during a meeting on Saturday.

The area's total fixed-asset investment is set to hit 200 billion yuan in 2018, while overall fiscal revenue is forecast to reach 400 billion yuan.