Several Opinions of the Shanghai Municipal People's Government on Promoting the Development of the Five Types of Economy
Area of Law： Regional Economic Development Optimization of Doing BusinessLevel of Authority： Local Regulatory DocumentsDate Issued：07-2022Effective Date：07-2022Issuing Authority： Shanghai Municipal People's GovernmentStatus： Effective
- Several Opinions of the Shanghai Municipal People's Government on Promoting the Development of the Five Types of Economy
- (July 2022)
- For the purposes of strengthening and optimizing the five types of economy and creating new advantages in Shanghai's economic development, the following opinions on promoting the development of innovation-driven economy, service economy, headquarters economy, open economy, and flux economy (hereinafter referred to as the “five types of economy”) are hereby offered.
- I. Specifying the general requirements
- (1) Guiding thought. Guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, new development concepts shall be carried out, services shall be provided for the establishment of a new development pattern, emphasis shall be laid on five key issues, i.e. talents, brands, leading enterprises, channels, and platforms, the mutual promotion and joint development, convergence, and system integration of the five types of economy shall be vigorously promoted, the formation of an ecosystem of the five types of economy with a focus on the service economy, high innovation capacity, highly concentrated headquarters, high-frequency flow aggregation, and deep integration into China and the world shall be accelerated, and efforts shall be made to build a central node in domestic circulation and a strategic link between domestic circulation and international circulation.
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