The centrally-administered SOEs generated a combined profit of 1.94 trillion yuan, up 7.5 percent year on year.
The city had made great efforts to develop new businesses in innovation and technology, with development of more than 4,000 new hi-tech companies in 2017, according to Wen.
The city will encourage local administrations and companies to set standards stricter than national requirements so that "made in Shanghai" will become synonymous with high quality.
The city plans to build New Shougang Area into a cultural landmark, according to the commission.
The circular also urged delegating more powers and allocating more resources to lower levels.
The central bank also conducted 80 billion yuan of seven-day reverse repos and another 70 billion yuan of 14-day reverse repos on Monday.
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The chemical materials and processing sector reported the largest number of M&A deals, followed by the real estate and machinery manufacturing industries.
The circular noted that local authorities should not adopt a one-size-fits-all approach which overlooks special needs. The disadvantaged groups shall receive special attention, including disabled seniors and young children whose families are either in medical isolation or involved in the epidemic containment efforts, as well as the poor and the homeless.
The city has adopted policies this year to attract people to settle down, which will lead to a further population increase in the following years, said the report.
The central government adheres to the policies of "one country, two systems", "Hong Kong people governing Hong Kong", and will fully support lawful administration of the region's government and the chief executive on the basis of the Constitution and the Basic Law of Hong Kong, the premier said.