The city with the largest economy sets a new goal of 6 trillion.
On May 27th, the official website of the Shanghai Municipal Government released the "Implementation Opinions of the Shanghai Municipal People's Government on Promoting the Expansion of Capacity and Improvement of Quality in the Service Industry". The "Opinions" clearly state that by 2030, remarkable achievements will be made in the high - quality development of the service industry. The added value of the service industry will reach about 6 trillion yuan, and the service import and export volume will exceed 300 billion US dollars. A number of leading service enterprises with global competitiveness will be cultivated, a number of service industry clusters with distinct characteristics will be created, and a number of achievements in institutional opening - up, reform and innovation in the service industry will be formed. The global competitiveness and influence of "Shanghai Services" will continue to increase, and the sense of gain of the people will be overall improved.
The service industry is connected to both investment and consumption. It runs through production and life and also creates a large number of jobs. In 2025, the added value of China's service industry exceeded 80 trillion yuan, and the contribution rate of the service industry to economic growth jumped to 61.4%. According to the "Opinions on Promoting the Expansion of Capacity and Improvement of Quality in the Service Industry" issued by the State Council, by 2030, the total scale of China's service industry will reach over 100 trillion yuan.
Specifically from the perspective of cities, the total added value of the service industry in 29 trillion - level cities across the country reached 38.6 trillion yuan in 2025, accounting for nearly half of China's service industry. Among them, the added value of Shanghai's service industry reached 4.5 trillion yuan, ranking first among Chinese cities, and its contribution rate to local economic growth exceeded 80%.
Currently, Shanghai has set a higher goal - by 2030, the added value of the service industry will reach about 6 trillion yuan. That is to say, in the next five years, Shanghai's service industry needs to grow by nearly one - third on the existing basis. Considering Shanghai's economic goals during the 15th Five - Year Plan period, the "main engine" role of the service industry in driving growth is more obvious -
In 2025, Shanghai's GDP was 5.67 trillion yuan. According to the expected growth rate of "about 5%" set in the outline of Shanghai's 15th Five - Year Plan, by 2030, Shanghai's GDP is expected to exceed 7 trillion yuan. By then, the proportion of the added value of the service industry in GDP will increase from about 79% in 2025 to about 86% in 2030.
This "Opinions" can be understood as the "roadmap" for the development of Shanghai's service industry. According to the interpretation of the General Office of the Shanghai Municipal Government, it mainly targets key areas of producer and consumer service industries that have a strong driving ability for "stabilizing growth, promoting transformation, creating employment, and expanding consumption", and implements precise targeted policies.
In terms of producer service industries, promote their extension towards specialization and the high - end of the value chain. Focus on six major fields, including information services, science and technology services, professional services, industrial services, logistics and supply chain, and green and low - carbon. In terms of consumer service industries, promote their high - quality, diversified, and convenient development. Focus on five major fields, including culture, business, tourism, sports and exhibitions, household services and catering, elderly care and childcare, medical and health, and residential services.
Meanwhile, the "Opinions" also closely focus on "expanding capacity and improving quality" and strive to enhance the core competitiveness of the service industry. Currently, technology is deeply empowering the transformation and development of the service industry. The "Opinions on Promoting the Expansion of Capacity and Improvement of Quality in the Service Industry" clearly states that science and technology services are placed at the core hub position of producer service industries, and proposes to "strengthen the supporting role of science and technology services".
Shanghai also proposes to accelerate the digital, green, integrated, and brand - building transformation of the service industry. By cultivating new digital business forms, promoting cross - industry integrated development, and continuously promoting the "Shanghai Services" brand, enhance the global competitiveness and influence of "Shanghai Services".
This article is from the WeChat public account "Urban Evolution Theory", author: Yang Huan. It is published by 36Kr with authorization.