Industry Structure

　　The five sectors, namely, wholesale and retail, finance and insurance, logistics and postal services, real estate, information transmission by computer and software, contributed nearly 40% of the Shanghai’s total output value in 2006, including 8.9% from the wholesale and retail, 7.8% from finance and insurance, and 6.6% from logistics and postal services.

Finance and Insurance　　

　　Shanghai has made marked progress in building the city into an international financial center. In 2006, the realized added value in this sector totaled 79.937 billion yuan, up 17.6% over the previous year. Financial institutes have set up offices in Shanghai at a faster speed. As of the end of 2006, Shanghai had a total of 563 financial institutes, including 105 foreign-funded ones. As of the end of 2006, the balance of deposit accounts of all financial institutions in the city totaled 2,645.488 billion yuan, and the balance of loans was 1,860.392 billion yuan. The insurance market enjoyed stable growth. The premium revenue in the year totaled 40.704 billion yuan, up 22% from the previous year.

Retailers

　　The growth of the city’s retailing market has speeded up. In 2006, the retail sales of consumption products reached 336.041 billion yuan, up 13% over the previous year. The sales of durable consumption commodities witnessed stable growth. The year saw sales of 96,000 cars, up 23.5%; 242,500 home-use computers, up 9.9%; 1.3649 color TVs, up 7.1%; 391,800 kitchen ventilators, up 12.5%.

Factor Market　　

　　The city reported marked growth in its factor market. In 2006, the transaction volume of the city's stock market reached 9.19 trillion yuan, up 84.9% over the previous year. The figure included 5.78 trillion yuan worth of stocks traded, up 2 times. The transaction volume of Shanghai Futures Exchange reached 12.61 trillion yuan in 2006, up 92.8%. The gold and diamond transaction volumes reached 204.55 billion yuan and 573 million yuan, up 75.1% and 39.8%, respectively. Meanwhile, property right deals, involving 84.412 billion yuan, were sealed in the year, up 2.3%.

Railway Transportation

　　As one of China’s railway transport hub, Shanghai has two railway stations. In 2006, the rails managed by Shanghai railway bureau totaled 269.1 kilometers, and transported 12.116 million tons of cargo, down 5.2% from the previous year, and 44.577 million passengers, up 5.2%.

Port

　　Shanghai is the largest port city on the Chinese mainland and one of the world’s largest entrepots. In 2006, Shanghai Port handled 537 million tons of cargo, securing it the world’s top place for two consecutive years. Containers handled at the port reached 21.719 million TEUs, including 3.236 million TEUs at the Yangshan Deep-water Port. The world’s top-20 shipping companies have all established offices in the Yangshan Bonded Zone. By the end of 2006, Shanghai Port had 32 international container wharfs, and 131 deep-water 10,000-ton berths. The 35 international container liner routes link Shanghai Port with 12 navigation regions throughout the world, fanning out to 500 ports in nearly 200 countries and regions. On average, the city port handled 2,106 container ships a month, including 977 international ships.

Sister Ports

　　The year 2006 saw Shanghai Port establish sister-city ties with Melbourne, Australia, St Laurence, Canada, and Le Havre, France. By the end of 2006, the number of Shanghai’s sister ports totaled 18, including Osaka and Yokohama of Japan; Seattle, New Orleans, New York and New Jersey of the United States; Antwerp of Belgium; and Marseilles of France. It has opened special cargo routes to ports of major countries.

Civil Aviation

　　Construction of airports sped up in Shanghai. In 2006, the Pudong International Airport and Hongqiao Airport handled a total of 409,500 flights, up 9.2% from the previous year. About 46,0154 million passengers passed through the two airports, up 11.3% over the previous year. By the end of the year, the city had opened flights to 169 cities, including 94 overseas cities. Now, Shanghai has regular flights to all provincial regions on the mainland and the Hong Kong and Macau special administrative regions.

Highway Transportation

　　The city has completed building a sophisticated network of expressways and highways. By the end of 2006, the total length of the city’s expressways reached 581 kilometers. The road network handled 338 million tons of freight, up 3.4% over the previous year, and 27.84 million passengers, up 12.8%. The highway system links the city to 832 townships in 509 counties (cities) across 22 provincial areas.

City Transportation

　　The city has given priority to buses in further improving its traffic network. By the end of 2006, Shanghai had 944 bus lines, with a fleet of17,000 buses, transporting a total of 4.471 billion riders in the year. The city has launched 5 subway routes and one maglev line, with a total length of 169.36 kilometers, transporting an average of 1.8 million passengers a day.

Post and Telecommunications

　　?In 2006, the city's post and telecommunications sector reported sales of 55.498 billion yuan, up 34% from the previous year. The sector handled 1.088 billion mails, up 19%, of which were 1.823 million international express mails, an increase of 26.3%. By the end of 2006, the city’s total capacity of installed telephone switchboards reached 13.911 million lines, including 11.123 million fixed phone subscribers. The city had 7.378 million household users and 16.095 million mobile phone users. In 2006, the long-distance telephone calls from the city totaled 15.14 billion minutes over the fixed line, up 37.5%.

Real Estate

　　The city’s real estate sector enjoyed healthy growth. In 2006, the added value of the sector hit 67.059 billion yuan, down 1.8% over the previous year. The property market was stable. Within the year, 30.9574 million square meters of commercial houses were completed, up 5.8%. Houses with a total floor area of 30.254 million square meters were sold, down 4.2%. Of the sold houses, residential housing totaled 26.1549 million square meters, down 8.1%. The sales of commercial property totaled 217.708 billion yuan, up 0.7%. Of the property sales, residential housing totaled 184.104 billion yuan, down 3.4 %.

Tourism Industry

　　Shanghai is one of the country’s popular tourist cities. In 2006, the added value of the city's tourism industry hit 69.506 billion yuan, rising 17.8% from the previous year and contributing 6.8% of the city’s GDP. The hotel facilities have greatly improved to international level. By the end of the year, there were 317 star-rated hotels, including 26 five-stars, and 879 travel agencies in the city. In 2006, the city received more than 6.0567 million overseas tourists, earning US$3.961 billion worth of foreign exchange. The overseas tourists spent a total of 3.608 billion US dollars in foreign exchange. Meanwhile, more than 96.8397 million domestic travelers visited Shanghai, generating a total revenue of 141.994 billion yuan.

Convention and Exhibition Industry

　　Shanghai is one of the convention and exhibition centers in the country. In 2006, the city hosted 295 exhibits, including an international golf exposition and an international fashion show. The exhibitions involved a total floor area of 4.336 million square meters and attracting 8.8486 million visitors, including 511,400 from overseas. Many international exhibition giants, such as those from Hanover, Germany and Milan, Italy, have set up their branches in the city, making it possible for more international brands to be showcased in Shanghai.