Shanghai Introduction

Shanghai is the most populous city proper in the world, with a population of more than 24 million as of 2014. As one of the four direct-controlled municipalities of China, it is a global financial centre and transport hub, with the world’s busiest container port.Located in the Yangtze River Delta in East China, Shanghai sits on the south edge of the mouth of the Yangtze in the middle portion of the eastern 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.
Weather: 25°C, Wind SE at 18 km/h, 51% Humidity
Population: 24.15 million (2015)

Shanghai History

During the Spring and Autumn period, the Shanghai area belonged to the Kingdom of Wu, which was conquered by the Kingdom of Yue, which in turn was conquered by the Kingdom of Chu. During the Warring States period, Shanghai was part of the fief of Lord Chunshen of Chu, one of the Four Lords of the Warring States. He ordered the excavation of the Huangpu River. Its former or poetic name, the Chunshen River, gave Shanghai its nickname of “Shen”. Fishermen living in the Shanghai area then created a fishing tool called the hu, which lent its name to the outlet of Suzhou Creek north of the Old City and became a common nickname and abbreviation for the city.
During the Song dynasty (960–1279) Shanghai was upgraded in status from a village to a market town in 1074, and in 1172 a second sea wall was built to stabilize the ocean coastline, supplementing an earlier dike. From the Yuan dynasty in 1292 until Shanghai officially became a municipality in 1927, central Shanghai was administered as a county under Songjiang Prefecture, whose seat was at the present-day Songjiang District.

Shanghai Economy

Shanghai is the commercial and financial center of mainland China, and ranks 13th in the 2017 edition of the Global Financial Centres Index published by the Z/Yen Group and Qatar Financial Centre Authority. It also ranks the most expensive city to live in Mainland China, according to the study of economist Intelligence Unit in 2017.It was the largest and most prosperous city in East Asia during the 1930s, and rapid re-development began in the 1990s. This is exemplified by the Pudong District, a former swampland reclaimed to serve as a pilot area for integrated economic reforms. By the end of 2009, there were 787 financial institutions, of which 170 were foreign-invested. In 2009, the Shanghai Stock Exchange ranked third among worldwide stock exchanges in terms of trading volume and sixth in terms of the total capitalization of listed companies, and the trading volume of six key commodities including rubber, copper and zinc on the Shanghai Futures Exchange all ranked first in the world.

source:wikipedia

Shanghai Guide Map

Shanghai, Hu for short, is a renowned international metropolis drawing more and more attention from all over the world. Situated on the estuary of Yangtze River, it serves as the most influential economic, financial, international trade, and cultural center in East China. Also it is a popular travel destination for visitors to sense the pulsating development of the country.

source:https://www.travelchinaguide.com