In face of a severe domestic economy, the increasing speed of Shanghai industry has slowed down and the general output value was 202.064 billion yuan this July - 8% higher than the same period last year. This is also the first time that the scope of growth in a single month is lower than two-digits this year.
Affected by a low in the domestic car market, the general output value from Shanghai's car manufacturers was 12.13 billion yuan, 18.1% lower than last year and decreased for the first time this year.
The output of main industrial products is not experiencing this same upward and downward trend of growth. Last month, Shanghai produced 50,700 various vehicles, which is 25.6% lower than the same period last year. And there are 50,000 cars in all, 25.8% lower. Meanwhile, the processing output of oil reached 1,755,000 tons, which is 15.6% higher than the same period last year.
By People's Daily Online
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