Photo taken on Jan. 8, 2023 shows a view of Phase IV of the Yangshan Deepwater Port in Shanghai. With its expansion project completed and put into use recently, the Yangshan Port will further boost Shanghai as an international maritime shipping center. [Photo/VCG]

China's financial hub Shanghai expects to notch a year-on-year gross domestic product (GDP) growth of over 5.5% this year, according to a government work report delivered by the city's mayor, Gong Zheng, at the first session of the 16th Shanghai Municipal People's Congress on January 11, 2023.