#Chinainsights#Chinanews Shanghai, known as China's No. 1 city in terms of economy, accounts for about 4% of the national GDP. Whether measured by the size of the city, GDP per capita, the share of the city's products in the domestic or international market, the scale of the utilization of foreign capital, or the city's popularity, influence, and innovation, it can be said it’s the No. 1 city in China. It is known by the Chinese as the "Magic City", that is, a city with a touch of magic. Now, how is the Shanghai economy doing? It’s showing a magical facade too. The views of the government and the public are completely polarized. First, let's look at what the government is telling the world about Shanghai. Have questions? Do you have something to share with us about China? We want to hear from you! Email: Cinsights.subscription@gmail.com Facebook www.facebook.com/EyesOnChina. Your support allows us to produce more high-quality videos. Copyright @ China Insights 2021. Any illegal reproduction of this content in any form will result in immediate action against the person(s) concerned.