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This month, during the two sessions, china's strategic policies for the 15th five-year plan were defined, with national and local guidelines. Shanghai, one of the country's most important cities, is already planning its actions for the next five years, and our correspondent, Bruno Falci, brings us more details from there.
Transcript
00:00Also this month, during the two sessions, China's strategic policy for the 15th Five-Year
00:04Plan, where the Five-Year Plan were defined with national and local guidelines.
00:08Shanghai, one of the country's most important cities, is already planning its actions for
00:13the next five years.
00:14Our correspondent Bruno Fossi has the details.
00:18Greetings comrades, here from Shanghai.
00:21Within the framework of the 15 Five-Year Plan that goes to 2026 to 2030, local authorities
00:29have unveiled an ambitious plan to further solidify the city's role as a modern, socialist
00:36and global influential international metropolis.
00:40The city will focus its efforts in three areas.
00:45First, the international economy, where Shanghai handled approximately 4% of the global trade.
00:53Second, the finance with Shanghai Stock Exchange among the world's largest and more important
01:01of the world.
01:02The third, the maritime transport and scientific innovation, boasting a port that remains the
01:10world's busiest and significant investment, and a lot of money in research and development.
01:18Thanks to these three measures, Shanghai is projected to become a global business home with one
01:26of the highway city cross domestic product of the world, with more than $800 billion in 2025,
01:37an annual growth rate of more than 5%, directly benefiting its nearly 25 million residents.
01:47This development is not only economic, and it also translates in improvements in social welfare,
01:55as housing, transportation, and health, ensuring the growth has a real impact on people's life.
02:03Taking together, these policies demonstrate how Shanghai combines economic development, innovation,
02:11and social welfare, in line with the government national plans and the vision of the Communist Party
02:20of China.
02:21With this news, from here, Shanghai, we'll go back with you in the studios.
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