New quality productive forces to power Shanghai's development

Construction of modern industrial system also on agenda, reveals mayor

New quality productive forces and further opening-up will serve as two major engines for Shanghai's high-quality economic growth, said officials of the Shanghai municipal government.

They made their comments during a news conference held by the State Council Information Office on Thursday.

"While continued efforts will be made to expand Shanghai's economy, the city will be dedicated to the construction of a modern industrial system and the development of new quality productive forces," Shanghai Mayor Gong Zheng said at the news conference. "Comprehensive reform and opening-up will be deepened at a higher level to better achieve high-quality development, both at the economic and social levels."