The development of Changning District has kept in pace with the reforms and opening in Shanghai. Since 1986 when the landmark Hongqiao Economic and Technological Development Zone was created as the first state-level one in Shanghai, the District’s economy has been in a fast track of growth.

Sustained growth over the two decades has contributed to the quick expansion in the District’s economy. In 2005, RMB6.68 billion in added value placed the District No.5 among Shanghai’s downtown districts. The District’s fiscal revenue was RMB3.65 billion, the 4th highest among nine districts downtown. International trade totaled US$897 million, ranking the 1st among all districts.

During the 11th “Five-Year-Plan,” the District will operate under the blueprint of Shanghai, enhance the development of Hongqiao, improve its functions from every aspect, beef up digital technologies and strive to make itself an international district.