Industrial Structure

In 2007, the wholesale and retail industry, the financial industry and the real estate industry developed quickly, three industries accounted for nearly 53 percent of the tertiary industrys total output value. In particular, the real estate industry accounted for 22.7 percent, the wholesale and retail industry 18.8 percent, and the financial industry 11.3 percent.

Industrial Bright Spots

In developing modern services and especially productive services, the district emphasized three points and one line.

The Qibao Ecological Business District was listed as one of the 20 concentrations of modern service industries promoted by Shanghai.

The Xinzhuang Business District has basically completed its detailed planning. While the Zhongshen Business Center and the Ludi Lanhai Project have been completed, the Huibao Center and Meilong New Metropolis have begun operating and the Xinzhuang Dragon Dream Square is under construction.

The Qibao Old Street, the Hongmeilu Recreation Street and the Longminglu Shishangfang Street have been rated as Shanghais specialty commercial streets.

Brilliance South Shopping Mall, Qibao Community Shopping Center and Chunshen Vanke City Shopping Street have been selected into the list of 2007 Top 20 Community-based Demonstration Shopping Centers of Shanghai".

Productive service

In 2007, productive service industry realized an added value of RMB10.1 billion, up 32.2% over the previous year, which accounted for 34.7% of the added value of the tertiary industry and 10.4% of the Districts total.

Modern Finance

In 2007, the district had 38 financial institutions, including 17 banks, 12 insurance company, 9 stock exchanges. The balance of deposits (including postal savings) at the end of the year reached 136.96 billion yuan, including personal savings deposits reached 61.03 billion yuan. The year-end bank loans reached 55.52 billion yuan, including personal consumer loans reached 21.77 billion yuan.

Retail Commerce

In 2007, the districts consumer goods retail rose 18 percent to 27.927 billion yuan. Specifically, the wholesale and retail industry rose 17.9 percent to 25.953 billion yuan, and the catering industry rose 20.2 percent to 1.974 billion yuan.