“Stronger Sense of Urgency For Q2” - Shanghai Mayor

Shanghai’s economy made a strong start to Q1 but the foundation has not yet solidified, according to Shanghai Mayor Gong Zheng speaking at a recent meeting. Business and household indicators have shown steady improvement and market confidence has returned, but he urged local officials to maintain a “stronger sense of urgency” in promoting the city’s economy going forward. This year Shanghai will develop the "E-commerce Silk Road" and promote high-quality integration of the Yangtze River Delta. Support will be given to emerging industries and strengthening weak areas of the supply chain, he said. (Source: Yicai)