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Industries in Pudong have remarkably increased

chinadaily.com.cn Updated:2018-02-08

2017 witnessed a remarkable increase in the industry of commodity and service in Pudong New Area as the trading market, retail market, business investment and revenue have increased noticeably, according to a news report published on Pudong’s website on Feb 7.

In 2017, the total value of Pudong's commodities reached 220 billion yuan, an increase by 8.1 percent, while its revenue occupies 18.6 percent of Shanghai's entire market.

In 2017, the service industry also increased by 11.7 percent to an amount of 605 billion yuan and the figure represents a quarter of Shanghai's entire market.

The mode of the traditional retail industry has also been transformed in 2017, which brings an extra profit of 6 billion yuan for the department store industry, which increased by 4.2 percent. The supermarket industry increased by 8 percent, and reached 14 billion yuan.

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The revenue of Hema Xiansheng increased by 7 times compared with that of 2016. [Photo provided to chinadaily.com.cn]

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