The commencement rate is 100%, and in the first half of the year, major projects in Shanghai have completed over half of the tasks.

The Shanghai Municipal Housing and Urban-Rural Development Commission stated that in the first half of 2026, the total investment in major projects in Shanghai reached 130.31 billion yuan, completing 51.1% of the annual plan, with a year-on-year growth of 6.7%. The city successfully achieved the goal of "time and tasks halfway done." In the first half of the year, a total of 19 new projects were started, with 7 projects basically completed. Among the newly started projects, all 16 planned projects started as scheduled, with a 100% commencement rate, and 3 preparatory projects started ahead of time, covering various sectors such as urban infrastructure, social welfare, and technological industries, laying a solid foundation for the intensive efforts of major projects in the second half of the year.