Shanghai Lingang New Area: By 2030, three manufacturing industry clusters each worth over 100 billion will be formed.
Recently, the Shanghai Municipal Government's official website released the "14th Five-Year Plan for the Development of the Lingang New Area of the China (Shanghai) Pilot Free Trade Zone." According to the Plan, three trillion-level manufacturing industry clusters will be formed, with an average annual GDP growth rate of 7.5%.
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