Shanghai Port remained the world’s busiest container port for the 14th consecutive year in 2023, totalling 49.158 million TEUs.
Shanghai is accelerating its role as international economic, financial, trade, shipping and scientific innovation centres to achieve a high-quality development, its Mayor, Gong Zheng, said.
Last year, Shanghai’s GDP reached 4.72 trillion yuan ($653.1 million), ranking it in the forefront of the world’s cities, according to Gong. Its financial market recorded a transaction value of more than 3,300 trillion yuan in 2023.
Shanghai has attracted 1,771 licensed financial institutions out of which 548 were foreign-owned. The total international trade volume of goods at Shanghai ports hit 10.7 trillion yuan, accounting for 3.6 percent of the global total and maintaining first place among all cities.
