Shanghai municipal government issued a service-sector development plan for 2026–2030 targeting roughly 6 tln yuan in service-sector value added by 2030. The plan calls for optimizing sector structure, cultivating new growth drivers and raising quality and efficiency; it emphasizes higher levels of digitalization, standardization, sector integration and internationalization, with core city-level services leading, high-end producer services as the mainstay and high-quality consumer services suppor

2026-06-01

Shanghai municipal government issued a service-sector development plan for 2026–2030 targeting roughly 6 tln yuan in service-sector value added by 2030. The plan calls for optimizing sector structure, cultivating new growth drivers and raising quality and efficiency; it emphasizes higher levels of digitalization, standardization, sector integration and internationalization, with core city-level services leading, high-end producer services as the mainstay and high-quality consumer services supporting Shanghai’s bid to become a more resilient economic base and a stronger global hub for service-resource allocation.