Gu Jun, director of the Shanghai Municipal Development and Reform Commission: Shanghai's private investment grew 19.8% year on year in the first April of this year. Gu Jun, director of the Shanghai Municipal Development and Reform Commission, said at a news conference of the Shanghai municipal government on May 30th that due to the low base of last year, Shanghai's private investment increased by 19.8% from January to April this year, and by an average of 1.1% from January to April from 2022 to 2023. Private investment in Shanghai has recovered somewhat and the trend is improving.