Announcement on the operation of Shanghai’s national economy in 2022: Shanghai’s economic operation presents a V-shaped reversal trend

Many things can be seen from Shanghai’s GDP data, the most striking of which is the epidemic, especially the impact of the epidemic lockdown. The two-month lockdown directly caused Shanghai’s GDP to grow by 3.1% year-on-year in the first quarter. Including the second quarter, GDP in the first half of the year fell by 5.7% year-on-year. And even if the second half of the year is basically normal, the local government has made a lot of efforts to stimulate the economy. Just because the city was closed for two months, the GDP for the whole year is still down 0.2% year-on-year. It can be seen from this that the epidemic is closed, How great is the impact of stopping all economic activities and exchanges on an international metropolis.