Mayor Gong Zheng chaired a city executive meeting today, instructing officials
to sustain Q1 economic momentum and push to meet H1 growth targets; boost the
scale and capability of strategic emerging industries; accelerate high-quality
private investment; and advance the Digital Shanghai initiative. Districts and
departments were ordered to extend sector gains, close weaknesses, ensure
heavyweight industries act as stabilising anchors and help pressured sectors
reach inflection points. The city will back key regions to carry greater
responsibility, prioritise solving new problems, and coordinate short-term
growth stabilisation with medium-to-long-term structural transformation. The
meeting approved in principle Shanghai’s 15th Five-Year plan for strategic
emerging industries, stressing innovation-led development, strengthening core
capabilities in three lead industries and key industrial chains, deepening
forward-looking deployments in frontier technologies, and expanding industry
clusters in targeted niche tracks. The plan calls for institutional reform to
unlock business dynamism—wider scenario opening, stronger factor support—and
deeper domestic coordination and external opening to raise industry development
quality and efficiency.
