Shanghai mayor outlines new economic goals for 2023

The city of Shanghai has been mapping out new economic plans and goals for 2023. The metropolis's economy was hit hard by COVID-19 in 2022 but has seen a V-shaped recovery in recent months.

Mayor Gong Zheng answered questions at a press conference, following the municipality's annual meetings. Earlier, in his government work report, Gong announced Shanghai's GDP target for 2023 at above 5.5 percent.

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