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Modern Industry Sector | By the end of the 1990s, Shanghai had formed the modern industry patterns of 1+3+9 and the East, West, South and North four enterprise bases.“1” refers to the newly developed Pudong Area and “3” means the two national industry development areas and Shanghai Chemical industry sector. “9” refers to the 9 municipal level industry sectors. The East, West, South and North are micro- electronics, petrochemical and the fine chemical industries, the auto industry and steel products basis respectively. The area of the modern industry sectors has reached 109.95 square kilometers at present, with a total industry output value of 321.067 billion yuan, of which the profit value was 14.643 billion yuan and the tax income was 11.186 billion yuan, increasing 31.16%, 12.58% and 16.29% respectively. Shanghai's total industry output value, total tax income and the proportion of labor to the whole cities was 43%, 33% and 25%, which made a firm basis for the development of its industry level. |
| Foreign-invested Financial Institutions | | The city's financial industry has been opening wider for foreign investors. The city has 69 foreign-funded financial institutions, of which 24 have been authorized to deal in Chinese currency business. Also, 24 foreign banks have been designated by their main offices as the branches in charge of reporting their operation on the Chinese mainland. |
| International Exhibitions | With the strengthening of its multi-functionality, Shanghai now holds more international exhibitions than ever before. The total amount of international exhibitions held in Shanghai was 278, with an amount of 55 billion yuan contracted.The numbers that visited the exhibitions reached 4.8291 million, including more than 400,000 visitors from abroad. During the 12 Huadong Trade affairs, 13.7 thousand visitors from 154 countries and regions were present and contracted export value of 1.689 billion US dollars, which brought great economic and social benefits. |
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