The added value of the financial industry in Lujiazui Finance and Trade Zone reached 99.16 billion yuan ($15.76 billion) in 2011, up 10.8 percent year-on-year.
Shanghai hopes to develop Lujiazui as its core functional area for international shipping. To accomplish this goal, Lujiazui Shipping Center worked extensively to recruit talent in 2011.
Lujiazui became a favorable area for exhibition development during the year. Its main museums provided exhibition areas totaling more than 300,000 square meters.
As the detrimental effects of the global financial crisis diminished in 2011, service enterprises in Lujiazui operated well and transformed losses into profits for the first time since the crisis.
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