PHOTO: SIW NÆRØY/INNOVATION NORWAY

ABOUT SHANGHAI

Shanghai is a renowned international metropolis drawing more and more attention from all over the world. Shanghai is located on the western coast of the Pacific Ocean and at the central section of the north-south coastline of China, more specifically; Shanghai is situated on the estuary of Yangtze River. The metropolis has served as one of the major trading ports and gateways to inland China since the late 1970s when China began its economic reform. Shanghai serves as the most influential economic, financial, international trade, and cultural center in East China. The city has evolved from an industrial and commercial city into a national economic center.

The dramatic development of Shanghai comes from its diverse economic base. Major industry networks include: communications, electronics and the information industry, biomedicine, auto manufacturing, petroleum, sophisticated chemical and steel manufacturing, complete-set equipment manufacturing, finance, insurance, real estate, household electrical appliance, and tourism.

The geographical pattern of the economic activities in Shanghai is due to historical, administrative, and economic reason. The districts in Shanghai have different economic concentrations. Each district takes advantage of its own geographic location and proximity to other regions to develop a different industrial structure. Shanghai has been turning itself into an international economic, financial, and trade center. China`s continuous economic growth provides a solid base for Shanghai to move further towards this goal.

Shanghai is often regarded as the center of finance and trade in mainland China. Modern development began with the economic reforms in 1992, a decade later than many of the Southern Chinese provinces, but since then Shanghai quickly overtook those provinces and maintained its role as the business center in mainland China. Shanghai has one of the world’s busiest ports. Since 2005, Shanghai has ranked first of the world’s busiest cargo ports throughout, handling a total of 560 million tons of cargo in 2007. Shanghai container traffic has surpassed Hong Kong to become the second busiest port in the world.

Shanghai is an international city that melts with different cultures from all over the world; also called Shanghai Regional Culture. Shanghai Culture is original from Traditional Chinese Culture and melted with the Wu and Yue Dynasty Culture, and also deeply affected by Western Culture. Shanghai created a new regional culture, with its unique characteristic, it feather in absorb culture from all over the world, good at abandon and pursuit excellent and innovation. The basic characteristic of this culture are more opening, creative and diversity.

With a population of over 24 million people, Shanghai is the largest city by population in the People`s Republic of China, and the second most populous city proper in the world. Broadly, central Shanghai is divided into two areas: east of the Huangpu River (Pudong) and west of the Huangpu river (Puxi). On the east side lays a special economic zone of banks, skyscrapers and new residential compounds. The bund lies on the historic Puxi side of the Huangpu River and looks across to the new skyline of Pudong business district. Shanghai is a modern metropolis where you feel safe walking the streets and that you will never finish exploring.