Since being designated as a leading zone for socialist modernization in July 2021, Shanghai's Pudong New Area has achieved a foreign trade volume totaling 7.62 trillion yuan (about 1 trillion U.S. dollars) over the past three years, according to the Shanghai Customs.
More than 30 percent of imports and exports have been high-tech products, while exports of high-end manufacturing products like ships have maintained rapid growth.
Pudong has undergone a remarkable transformation since being established as a new area in 1990, emerging as a popular destination for investors, innovators and policy pilot projects.
Pudong's strong foreign trade performance, a key driver of Shanghai's economic development, reflects China's continued opening-up and the growing competitiveness of its high-tech and high-end manufacturing sectors on the global stage.
Shanghai Pudong New Area's foreign trade exceeds 7 trillion yuan
A two-day meeting of foreign ministers of the Group of Seven (G7) countries opened in Italy's Fiuggi on Monday, with talks expected to focus on the situations in the Middle East and Ukraine.
The ministerial meeting is held in Fiuggi and Anagni from Monday to Tuesday and is the second hosted in Italy in 2024, after the one held in Capri in mid-April. It is also the last ministerial meeting of G7 countries this year.
Monday's meeting was hosted by Italian Foreign Minister Antonio Tajani under the country's presidency and focused on the situations in the Middle East, including the humanitarian crisis in Gaza, the situations in Lebanon, and the ongoing Palestinian-Israeli conflict.
Also invited to the meeting were Arab League (AL) Secretary-General Ahmed Aboul-Gheit and representatives from Jordan, Egypt, Qatar, United Arab Emirates and Saudi Arabia.
The ministers will meet again on Tuesday to discuss issues like the Ukraine crisis and are expected to release a communique.
G7 Foreign Ministers' Meeting opens in Italy
