Industrial output in Shanghai falls for first time in 2 years


FILE PHOTO: Tesla China-made Model 3 vehicles are seen during a delivery event at the carmaker's factory in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo

BEIJING: Industrial output in Shanghai, China's most populous city, slumped in March, the first monthly decline in two years, after stringent lockdown measures halted production in some factories, a city official said on Friday.

Industrial production dropped by 7.5% year-on-year, Wu Jincheng, chairman of Shanghai's economic planning agency, said at a press conference. Monthly output last fell in March 2020.

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