Shanghai, a major economic powerhouse in China, will focus on fostering emerging pillar industries in 2026 to generate trillions of yuan in new industrial output, the municipal government said on Saturday, building on the city's robust industrial growth in 2025.
The total output of Shanghai's industrial enterprises above the designated size reached 4 trillion yuan (around 576.7 billion U.S. dollars) in 2025, the government said at a press briefing.
Shanghai plans to build a total of 500 advanced smart factories, achieve an industrial robot application density of 600 units per 10,000 workers, and establish 200 municipal-level or higher green manufacturing enterprises during the 15th Five-Year Plan period (2026-2030), according to the local government.
In the new global race of artificial intelligence, Shanghai holds four major strengths, namely, synergistic industrial clusters, a mega-city application landscape, a large talent pool, and a well-developed industry-finance integration system.
This year, the city will go all out to foster six emerging pillar industries, including next-generation electronic information, intelligent connected new energy vehicles, and high-end equipment, striving to create trillions of yuan in new industrial output, said the local authorities.
Shanghai eyes trillions in new output from emerging pillar industries
Saudi Arabia and Pakistan have reaffirmed that they will not seek normalization of ties with Israel, rejecting U.S. President Donald Trump's call for the two countries to join the Abraham Accords.
Saudi Arabia's position on the Palestinian issue remains unchanged, a Saudi source told Al Arabiya TV on Monday.
The source affirmed the need for "an irreversible pathway to a Palestinian state".
The remarks came after U.S. President Donald Trump urged Muslim-majority and regional countries to normalize relations with Israel and join the Abraham Accords before the U.S. reaches a peace agreement with Iran.
Saudi Arabia has repeatedly said it would not normalize relations with Israel without the establishment of a Palestinian state.
Pakistani Defense Minister Khawaja Asif said on Tuesday that Pakistan will not join any agreement to normalize ties with Israel, adding that the country will not accept any deal that "conflicts with its fundamental ideologies".
Trump on Monday urged Saudi Arabia, Qatar, Egypt, Jordan, Turkey and Pakistan -- countries involved in mediating U.S.-Iran talks -- to immediately join the Abraham Accords, warning that otherwise they should not participate in the mediation.
He added that if a U.S.-Iran deal is reached, Iran should also join the agreement.
The Abraham Accords, brokered by the United States in 2020 during Trump's first term, were established between the Israeli government and Arab countries including the United Arab Emirates, Bahrain, Sudan and Morocco, aimed at rapidly advancing the normalization of relations between Israel and Arab countries.
Before the outbreak of the latest round of Israeli-Palestinian conflict in October 2023, the United States had been pushing for normalization between Saudi Arabia and Israel.
After the conflict erupted, Saudi Arabia suspended normalization talks with Israel.
Saudi Arabia, Pakistan reject Trump's Abraham Accords demand
