what are the prospects of the development? class 10 economics
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Answer:
T he successful completion of the Tenth Five-Year Plan has laid a solid foundation for the next stage of Shanghai's accelerating economic growth. The basic framework has been set up to build Shanghai into international economic, financial, trade, and shipping centers. The success of this effort will depend on Shanghai's continued efforts to optimize industrial structure, develop a circular economy, and build a resource-efficient society by relying on the advanced manufacturing and modern service industries.
1. Future Directions
The Outline of the Eleventh Five-Year Plan for Shanghai's National Economic and Social Development, approved in February 2006, has mapped out the strategic plan for Shanghai's industrial development, and will serve as the principal document to guide Shanghai's economic development over the next few years