Shanghai plans action to catalyse industry’s future

Joggers at the Lujiazui financial district in Shanghai. — Bloomberg

SHANGHAI: Shanghai plans to build itself into an innovative centre of industries of the future and guide the sector’s output value to 500 billion yuan (RM327bil) by 2030, the municipal government announces.

According to an action plan published on the website of Shanghai municipal government, future-oriented industrial clusters will be developed in Shanghai and by the year 2030, their scale will reach about 500 billion yuan (RM327bil) in output value.