Shanghai - Gross Capital Formation

12,193 (100 Million Yuan) in 2017

In 2017, gross capital formation for Shanghai was 12,193 100 million yuan. Gross capital formation of Shanghai increased from 3,077 100 million yuan in 2003 to 12,193 100 million yuan in 2017 growing at an average annual rate of 10.50%.

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What is gross capital formation?

Gross Capital Formation refers to the fixed assets acquired with fewer disposals and the net value of inventory, thus including gross fixed capital formation and changes in inventories.

What is Shanghai gross capital formation?