The 5th Shanghai International Film Festival was film festival held between June 9 and June 17, 2001. 164 films were screened including 46 from China. 14 films were entered into the Golden Cup competition, with "Antitrust" from the United States winning the grand prize.
The Festival utilized 9 theaters, which held 479 screenings to an aggregate audience of 170,000. 
This marked the last time the Shanghai International Film Festival was held on a biannual basis. Beginning with 2001, the festival was held on an annual basis.