Pudong New Area, a beacon of economic vitality in Shanghai, has reached remarkable heights during the 14th Five-Year Plan (2021-25), achieving five trillion-yuan-level economic indicators in 2024, underscoring its sustained economic growth and structural optimization.

In 2024, Pudong reported five trillion-yuan-level indicators:

- Regional GDP reached 1.78 trillion yuan ($249.86 billion), 1.34 times that of 2020.

- Industrial output of companies above designated size — companies with annual revenue of at least 20 million yuan — totaled 1.32 trillion yuan, 1.27 times that of 2020.

- Service sector revenue of companies above designated size reached 1.25 trillion yuan, 1.61 times that of 2020.

- Import and export of goods stood at 2.61 trillion yuan, 1.25 times that of 2020.

- Retail sales of consumer goods by large enterprises — enterprises with annual retail sales of at least 5 million yuan — totaled 5.88 trillion yuan, 1.34 times that of 2020.

Pudong's strategic location has bolstered its role as a global logistics hub. Waigaoqiao Port's Haitong Terminal, China's largest auto ro-ro terminal, exported 715,000 vehicles in the first half of the year, up 13.7 percent year-on-year. This surge in exports highlights Pudong's expanding global reach.

Haitong Terminal. [Photo/WeChat ID: pdnews]

In manufacturing, Pudong continues to lead with high-end shipbuilding. Shanghai Waigaoqiao Shipbuilding delivered its second domestically-built large cruise liner, H1509, on schedule, demonstrating technological prowess and operational efficiency. The shipyard has delivered 600 vessels, setting records in China's shipbuilding industry.

Consumer markets in Pudong are thriving, driven by a surge in quality spending. Online retail giants like Dingdong Maicai have revolutionized supply chains, delivering fresh seafood within 18 hours. Home to 147 consumer headquarters, Pudong has fostered a vibrant retail ecosystem with over 1.2 million square meters of commercial space newly added since 2021.

Taikoo Li Qiantan. [Photo/WeChat ID: pdnews]

Financially, Pudong remains robust, with significant breakthroughs in major projects. Friendly Societies Life Insurance gained approval to establish an asset management company, while institutions like BNP Paribas Securities and HSBC Life have expanded. Pudong's financial sector contributed 256 billion yuan in added value in the first half of 2025, up 9.7 percent year-on-year.

Lujiazui Financial City. [Photo/WeChat ID: pdnews]

Foreign investment is also surging, with high-quality projects like Roche's 2.04-billion-yuan biopharmaceutical base and BASF's 500-million-yuan factory expansion. These investments underscore Pudong's appeal as a global business destination.

As Pudong stands at the crossroads of the 14th Five-Year Plan completion and the 15th Five-Year Plan (2026-30) initiation, it continues to redefine growth paradigms, blending innovation with inclusivity to shape a prosperous future.