» Shanghai reported a 3.1 percent growth in GDP in the first quarter to 315 billion yuan.

» The rate is lower than the national average rate of 6.1 percent.

» The slower growth was mainly due to the distressed performance of the secondary sector, which accounts for 39.5 percent of the city's GDP, down from last year's 45.5 percent.

» In the first three months, the trade volume in the city plunged 26.3 percent year-on-year to US$55.21 billion, with exports shrinking 20.8 percent to US$30.26 billion.