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ASIAdocument.write(“” + m[today.getMonth()+1]+ ” “+ today.getDate()+”, ” + theYear + ” “);HOMECHINAWORLDBUSINESSLIFESTYLECULTURETRAVELSPORTSOPINIONREGIONALFORUMNEWSPAPERChina Daily PDFChina Daily E-paperChina Daily Global PDFChina Daily Global E-paperBusiness /EconomyEconomyPolicy WatchChina DataCompaniesMarketsIndustriesViewMotoringTechGreen ChinaShanghai scraps GDP growth target in 2015(Xinhua)Updated:2015-01-25 20:02Comments Print Mail Large Medium SmallSHANGHAI — Shanghai Municipality has abandoned GDP growth targets to emphasize the quality and efficiency of the economy, the mayor said on Sunday.The city will continue to optimize economic structure and change its growth model from investment-driven to innovation-driven, Yang Xiong revealed in the government work report at the annual meeting of the municipal legislature.The report showed Shanghais ambition to become an international center for technological innovation. Research and development expenditure should account for above 3.6 percent of the citys GDP in 2015. Aircraft engines, brain science and artificial intelligence will be the main focus.8.03KRelated StoriesBeijings GDP exceeds 2 trillion yuan in 2014Pollution control slashes GDP growth in Beijings neighborInternet sector to fuel 7% to 22% of Chinas GDP growth through 2025China 4th-quarter GDP growth may slow to 7.2%Reform set for GDP calculationPhotoModel with converted Mercedes SL63 AMGWireless charging desk unveiled in HangzhouXinjiang lake in bumper fishing seasonTop 10 Chinese companies to look out for in global market in 2015Top 9 policies to influence Chinas economy in 2015Chinese business tycoons in DavosChina Economy By NumbersChina Economy by Numbers – Dec China Economy by Numbers – Nov NewsmakerCatalyst for business transformation Aston Martin China names new presidentMost ViewedTodays Top NewsChina likely to cut retail gas prices againGlobal interest grows in Chinas currency, debt: FitchVolvo China sales surges 32.8% in 2014Vancouver Boat Show attracts wealthy Chinese buyersRussias Sochi moves to attract more Chinese touristsHuawei breaks new ground in West African IT marketModel with converted Mercedes SL63 AMGVolkswagen recalls 61k cars over faulty enginesHot TopicsFiat SpA Peugeot SA Taxi app Internet finance Housing price Disneyland 12306.cn WeChatEditors PicksTop 10 Chinese companies to look out for in global market Top 9 policies to influence Chinas economy in 2015 Top 10 cities with highest mortgage rate in China Top 10 best-selling cars in Chinese mainland in 2014 Specials2015: Doing business with the world2015: Global forces drive resources2015: Change on and by the Internet…| About China Daily | Advertise on Site | Contact Us | Job Offer | Expat Employment |Copyright 1995 -var oTime = new Date();
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