Wingsch Real Estate Investments   

Shanghai, Paris of the East

Saturday, 23 November 2013 - 01:00 pm (CET/MEZ) Berlin | Author/Destination: Asia / Asien
Category/Kategorie: General Reading Time:  3 minutes

🔊 Listen to this Post Shanghai is the largest city by population in the People’s Republic of China and the largest city proper by population in the world. It is one of the four province-level municipalities of the PRC, with a total population of over 23 million as of 2010. It is a global city, with influence in commerce, culture, finance, media, fashion, technology, and transport. It is a major financial center and the busiest container port in the world.

Located in the Yangtze River Delta in East China, Shanghai sits at the mouth of the Yangtze River in the middle portion of the Chinese coast. The municipality borders the provinces of Jiangsu and Zhejiang to the north, south and west, and is bounded to the east by the East China Sea.

For centuries a major administrative, shipping, and trading town, Shanghai grew in importance in the 19th century due to European recognition of its favorable port location and economic potential. The city was one of several opened to foreign trade following the British victory over China in the First Opium War and the subsequent 1842 Treaty of Nanking which allowed the establishment of the Shanghai International Settlement. The city then flourished as a center of commerce between east and west, and became the undisputed financial hub of the Asia Pacific in the 1930s. However, with the Communist Party takeover of the mainland in 1949, trade was reoriented to focus on socialist countries, and the city’s global influence declined. In the 1990s, the economic reforms introduced by Deng Xiaoping resulted in an intense re-development of the city, aiding the return of finance and foreign investment to the city.

Shanghai is a popular tourist destination renowned for its historical landmarks such as The Bund, City God Temple and Yu Garden, as well as the extensive and growing Lujiazui skyline. It has been described as the “showpiece” of the booming economy of mainland China.

Read more on City of Shanghai, LonelyPlanet.com – Shanghai, TravelChinaGuide.com – Shanghai, Wikitravel Shanghai and Wikipedia Shanghai (Smart Traveler App by U.S. Department of State - Weather report by weather.com - Global Passport Power Rank - Travel Risk Map - Democracy Index - GDP according to IMF, UN, and World Bank - Global Competitiveness Report - Corruption Perceptions Index - Press Freedom Index - World Justice Project - Rule of Law Index - UN Human Development Index - Global Peace Index - Travel & Tourism Competitiveness Index). Photos by Wikimedia Commons. If you have a suggestion, critique, review or comment to this blog entry, we are looking forward to receive your e-mail at comment@wingsch.net. Please name the headline of the blog post to which your e-mail refers to in the subject line.

---

Recommended posts:

• The Bund in Shanghai
• Shanghai World Financial Center
• Shanghai Disney Resort
• Huzhou in China
• Shenzhen, the ‘iPod City’ in China
• Hangzhou, China’s Silicon Valley
• Pingyao Ancient City in China
• Chengdu, panda bear capital of the world and capital of Sichuan province in Southwest China
• Guangzhou, the Southern Gateway to China
• Jingdezhen, China’s Porcelain Capital
• The National Library of China in Beijing
• Theme Week China – Tianjin
• Pearl River Delta in China
• Yiwu in Central Zhejiang Province
• Tianjin Binhai Library