Cities in Shanghai

Tourist Sites in Shanghai

Shanghai Urban Planning Exhibition Hall provides information about the current and future development of the city of Shanghai. Within the Hall there are models of the current city. There are also displays of future projects that show the cities ideas for developing in the future.
A very large country park with lakes and forests in the northern suburbs of Shanghai.
Zhujiajiao is an old traditional Chinese town full of old buildings lining the sides of the many canals of the area. Tourists can walk along the ancient streets, relax in a old tea house or take one of the tourist boats that scull along the canals.
Yuyuan Garden in Shanghai is an ancient classical Chinese garden. It copies from the garden styles found in Suzhou. The gardens provide a escape from the buzz of Shanghai. You could almost think you were far out of the city if it were no for the tall towers of Pudong peeking over the tree tops. Around the gardens is a modern, ancient style, shopping area.
Shanghai zoo is one of the best zoos in China. It is located in the west suburbs of the city, near Hongqiao Airport.
Shanghai Museum is a free to enter museum which contains exhibits of Chinese historic and cultural artifacts as well as precious works of art, poetry and calligraphy. The exhibition is divided into several halls on each floor, around a central stair hall. Each hall covers a particular topic such as pottery, jade, coins and money, traditional art works, military and so on. The displays are signed in both Chinese and English and audio guides are available. Each display is informative and tells the history in an easy to understand way.
One of Shanghai's two zoos, the Wildlife park covers 153 hectares. It contains over 10,000 animals representing 200 different species.
Century Park is a very large garden park with lakes sited at the end of Century Avenue in Pudong. It is next door to the Science and Technology museum and the Imax cinema.
C.Y. Tung was the son of a Shanghai merchant family. He became rich as a shipping magnate. He had a massive shipping empire. The museum serves two purposes. The first is to tell the maritime history of China. This part of the exhibition takes up the ground floor of the building. The second part tells the history of C.Y. Tung and his company. This display is on the second floor of the building.
This attraction covers 98,000 square metres with 12 different exhibits. Over 50% of its visitors are children. The musium covers all types of science and technology. Also within the complex is an IMAX cinema.
Get up close to fish and other sea creatures. This centre has a large number of exhibits form China and throughout the world.
Just completed in 2008, this is the second highest building in the world after Taipei 101. It has a 3 level public observation area on floors 94, 97 and 100. The highest observation level being 474 metres above the ground. Also within the building will soon be the Park Hyatt Shanghai hotel which will be the highest hotel in the world, pipping the Grand Hyatt Shanghai in the Jin Mao building next door. The lower floors also contain a shopping mall.
This museum consists of a number of recreations of Shanghai city scenes from the pre-city farmhouse, through colonial periods.
At 412 metres and 88 stories high, this was until 2007, the tallest building in China and among the top 10 tallest buildings in the world. The top floor contains an observation area and a restaurant. It can be accessed for 50 RMB. This is both higher than the Oriental Perl's view platform and better value for money when adding in the cost of the food. The tower contains the Grand Hyatt Shanghai hotel which starts on the 57 floor.
Constructed between 1991 and 1995, this is currently the 3rd tallest tower in the world and the tallest in Asia at 468 meters. It is located on the tip of Pudong district, directly across the water from the famous Bund. It's situation gives stunning views in every direction—Especially at night. There are four levels within the tower: The highest at 350 meters is small and the curved glass spoils any photography. The larger two level sphere has platforms at 263 meters and 259 meters. The upper floor houses a 350 seat revolving restaurant and lower level is the best for photography as its viewing platform is open to the air. The lowest level at 90 meters contains some space related attractions. In the base of the tower is Shanghai Municipal Museum which is entered separately.
The Bund is the river side embankment in the Huangpu district of Shanghai. It was here that the foreign powers first set up their concessions in Shanghai, turning the one quite fishing town into a major world trading hub. The foreigners brought with them their own culture and lifestyle. The rich merchants build offices, hotels and other buildings along the Bund. These new buildings were built in a colonial style, borrowed from the west. Examples of Art-deco and other styles popular in the early 1900's are prominent. The old Bund buildings contrast strongly with the new super high skyscrapers found on the other side of the water in Pudong. The Bund is one of the best places to view the Pudong skyline.
Many boats provided cruises, both long and short, along the Huangpu River. The can be found at many locations along the Bund waterfront or Pudong waterfront. As well as the proper cruises, there are passenger ferries that ply along and across the water. The views from the passenger ferries is every bit the same as the more expensive cruise boats.
Museum of Contemporary Art is located on Nanjing Road in Shanghai at the northwest corner of the People's Square.
Completely and utterly wacko. Whoever thought this up must have been high on something or other. The is essentially a subway tunnel that links the Puxi, Bund, side of the Huangpu river, with the Pudong new district on the other side. Travellers ride in small cars on tracks. The journey lasts about 5 minutes. During this time you are bombarded with lights, strange music, noises and manikins. It is quite surreal and more than a little psychedelic. Like something out of a 70's prog-rock concert.
Zhou Enlai was a major figure within the Communist Party in China. During the revolution, he was second only to Mao Zedong within the Party. He is often pictured by Mao's side in new reels and photographs of the time. In the 1960's, Zhou was the Premier of China. He also held positions as Foreign Minister in the 1950's. During the short period between the end of World War II in 1945 and the beginning of the Second Chinese Civil War in 1948, Zhou Enlai was in charge of arranging the Communist Parties affairs in Shanghai. The house in which he, and the other Communist Party members, worked and lived is now a museum.

Intro to Shanghai

Shànghǎi (上海) has long been the international gateway for trade with China. Situated near the mouth of the Yangtze River, the longest navigation in China and the third largest river in the world, the city has a prosperous history. During the 18th century, Shanghai contained many foreign concessions and trading centers making the city vibrant and culturally diverse. Shanghai grew to become the largest city in China. A title that has only recently been lost to Chongqing. However, the cities success has also brought it misery. The Japanese occupation of China in the 1930's and early 1940's saw Shanghai become a focus of much fighting as the two countries jostled for control of this strategically and economically important city.

Shanghai is situated on the banks of the Huang Pu River, a tributary of the Yangtze. The old city is to the north of the Huang Pu. The old riverside area, know as 'The Bund', contains many fine buildings form the colonial period of the late 18th Century and early 19th Century. One could easily mistake this area for a city in Europe. Opposite the Bund on the strip of land between the Huang Pu and the East China Sea, is the new city of Pudong. The creation, in 1990, of Pudong as a special economic development zone has brought a great deal of wealth to Shanghai.

History of Shanghai

The importance of Shanghai grew radically in the 19th century, as the city's strategic position at the mouth of the Yangtze River made it an ideal location for trade with the West. During the First Opium War (1839–1842), British forces temporarily held Shanghai. The war ended with the 1842 Treaty of Nanjing, opened the treaty ports, Shanghai included, for international trade. The Treaty of the Bogue signed in 1843, and the Sino-American Treaty of Wangsia signed in 1844 together allowed foreign nations to visit and trade on Chinese soil, the start of the foreign concessions.

In 1854 the Shanghai Municipal Council was created to manage the foreign settlements. In 1860-1862, civil war had been two times invaded Shanghai(Battle of Shanghai (1861)). In 1863, the British settlement, located to the south of Suzhou creek (Huangpu district), and the American settlement, to the north of Suzhou creek (Hongkou district), joined in order to form the International Settlement. The French opted out of the Shanghai Municipal Council, and maintained its own French Concession, located to the south of the International Settlement, which still exists today as a popular attraction. Citizens of many countries and all continents came to Shanghai to live and work during the ensuing decades; those who stayed for long periods — some for generations — called themselves "Shanghailanders". In the 1920s and 1930s, almost 20,000 so-called White Russians and Russian Jews fled the newly-established Soviet Union and took up residence in Shanghai. These Shanghai Russians constituted the second-largest foreign community. By 1932, Shanghai had become the world's fifth largest city and home to 70,000 foreigners. In the 1930s, some 30,000 Jewish refugees from Europe arrived in the city.

The Sino-Japanese War concluded with the Treaty of Shimonoseki, which elevated Japan to become another foreign power in Shanghai. Japan built the first factories in Shanghai, which were soon copied by other foreign powers. Shanghai was then the most important financial center in the Far East.

Under the Republic of China (1911–1949), Shanghai's political status was finally raised to that of a municipality on July 14, 1927. Although the territory of the foreign concessions was excluded from their control, this new Chinese municipality still covered an area of 828.8 square kilometers, including the modern-day districts of Baoshan, Yangpu, Zhabei, Nanshi, and Pudong. Headed by a Chinese mayor and municipal council, the new city governments first task was to create a new city center in Jiangwan town of Yangpu district, outside the boundaries of the foreign concessions. This new city center was planned to include a public museum, library, sports stadium, and city hall.

The Imperial Japanese Navy Air Service bombed Shanghai on 28 January 1932, nominally in an effort to crush down Chinese student protests of the Manchurian Incident and the subsequent Japanese occupation of northeast China. The Chinese fought back in what was known as the January 28 Incident. The two sides fought to a standstill and a ceasefire was brokered in May. The Battle of Shanghai in 1937 resulted in the occupation of the Chinese administered parts of Shanghai outside of the International Settlement and the French Concession. The International Settlement was occupied by the Japanese on 8 December 1941 and remained occupied until Japan's surrender in 1945. According to historian Zhiliang Su, at least 149 "comfort houses" for sexual slaves were established in Shanghai during the occupation.

On 27 May 1949, the Communist People's Liberation Army took control of Shanghai, which was one of only three former Republic of China (ROC) municipalities not merged into neighbouring provinces over the next decade (the others being Beijing and Tianjin). Shanghai underwent a series of changes in the boundaries of its subdivisions, especially in the next decade. After 1949, most foreign firms moved their offices from Shanghai to Hong Kong, as part of an exodus of foreign investment due to the Communist victory.

During the 1950s and 1960s, Shanghai became an industrial center and center for revolutionary leftism. Yet, even during the most tumultuous times of the Cultural Revolution, Shanghai was able to maintain high economic productivity and relative social stability. In most of the history of the People's Republic of China (PRC), Shanghai has been the largest contributor of tax revenue to the central government compared with other Chinese provinces and municipalities. This came at the cost of severely crippling Shanghai's infrastructure and capital development. Its importance to China's fiscal well-being also denied it economic liberalizations that were started in the far southern provinces such as Guangdong during the mid-1980s. At that time, Guangdong province paid nearly no taxes to the central government, and thus was perceived as fiscally expendable for experimental economic reforms. Shanghai was finally permitted to initiate economic reforms in 1991, starting the huge development still seen today and the birth of Lujiazui in Pudong.

 

Culture of Shanghai

The population of Shanghai is 19,213,200. The 2000 census put the population of Shanghai Municipality at 16.738 million, including the migrant population, which made up 3.871 million. Since the 1990 census the total population had increased by 3.396 million, or 25.5%. Males accounted for 51.4%, females for 48.6% of the population. 12.2% were in the age group of 0–14, 76.3% between 15 and 64 and 11.5% were older than 65. As of 2008, the population of long-term residents reached 18.88 million, including an officially registered permanent population of 13.71 million, and 4.79 million of registered long-term migrants from other provinces, many from Anhui, Jiangsu, and Zhejiang Provinces. According to the Shanghai Municipal Statistics Bureau, there were 133,340 foreigners in Shanghai in 2007. In addition, there are a large number of people from Taiwan for business (estimates vary from 350,000 to 700,000). By 2009, the South Korean communities in Shanghai also increased to more than 70,000. The average life expectancy in 2006 was 80.97 years, 78.67 for men and 82.29 for women. Average annual disposable income of Shanghai residents, based on the first three quarters of 2009, is 21,871 RMB.

Languages

Most Shanghainese residents are the descendants of immigrants from the two adjacent provinces of Jiangsu and Zhejiang who moved to Shanghai in the late nineteenth and early twentieth century, regions that generally also speak Wu Chinese. In the past decades, many migrants from other areas of China have come to Shanghai for work. They often cannot speak the local dialect and therefore use Mandarin as a lingua franca.

The vernacular language is Shanghainese, a dialect of Wu Chinese, while the official language is Standard Mandarin. The local dialect is mutually unintelligible with Mandarin, and is an inseparable part of the Shanghainese identity. The modern Shanghainese dialect is based on the Suzhou dialect of Wu, the prestige dialect of Wu spoken within the Chinese city of Shanghai prior to the modern expansion of the city, the Ningbo dialect of Wu, and the dialect of Shanghai's traditional areas now within the Hongkou, Baoshan and Pudong districts, which is simply called "Bendihua", or "the local dialect". It is influenced to a lesser extent by the dialects of other nearby regions from which large numbers of people have have migrated to Shanghai since the 20th century. Nearly all Shanghainese under the age of 40 can speak Mandarin fluently. Fluency in foreign languages is unevenly distributed. Most senior residents who received a university education before the revolution, and those who worked in foreign enterprises, can speak English. Those under the age of 26 have had contact with English since primary school, as English is taught as a mandatory course starting from the first grade.

Religion

Due to its cosmopolitan history, Shanghai has a rich blend of religious heritage as shown by the religious buildings and institutions still scattered around the city. Taoism has a presence in Shanghai in the form of several temples, including the City God Temple, at the heart of the old city, and a temple dedicated to the Three Kingdoms general Guan Yu. The Wenmiao is a temple dedicated to Confucius. Buddhism has had a presence in Shanghai since ancient times. Longhua temple, the largest temple in Shanghai, and Jing'an Temple, were first founded in the Three Kingdoms period. Another important temple is the Jade Buddha Temple, which is named after a large statue of Buddha carved out of jade in the temple. In recent decades, dozens of modern temples have been built throughout the city.

Shanghai is also an important center of Christianity in China. Churches belonging to various denominations are found throughout Shanghai and maintain significant congregations. Shanghai has the highest Catholic percentage in Mainland China (2003). Among Catholic churches, St Ignatius Cathedral in Xujiahui is one of the largest, while She Shan Basilica is the only active pilgrimage site in China. Shanghai has the highest Catholic percentage in Mainland China (2003). The city is also home to Muslim, Jewish, and Eastern Orthodox communities. A predominant religion in Shanghai is Mahayana Buddhism, and Taoism is also followed by many Shanghai residents.

Education

While Beijing and Hong Kong are considered the educational centers of China, Shanghai is also home to some of the country's most prestigious universities, including Fudan University, Shanghai Jiao Tong University and Tongji University.

Architecture

Shanghai has a rich collection of buildings and structures of various architectural styles. The Bund, located by the bank of the Huangpu River, contains a rich collection of early 20th century architecture, ranging in style from neoclassical HSBC Building to the art deco Sassoon House. A number of areas in the former foreign concessions are also well preserved, most notably the French Concession. Despite rampant redevelopment, the old city still retains some buildings of a traditional style, such as the Yuyuan Garden, an elaborate traditional garden in the Jiangnan style.

In recent years, a large number of architecturally distinctive, even eccentric, skyscrapers have sprung up throughout Shanghai. Notable examples of contemporary architecture include the Shanghai Museum, Shanghai Grand Theatre in the People's Square precinct and Shanghai Oriental Arts Center.

One uniquely Shanghainese cultural element is the shikumen (石库门) residences, which are two or three-story townhouses, with the front yard protected by a high brick wall. Each residence is connected and arranged in straight alleys, known as a lòngtang (弄堂), pronounced longdang in Shanghainese. The entrance to each alley is usually surmounted by a stylistic stone arch. The whole resembles terrace houses or townhouses commonly seen in Anglo-American countries, but distinguished by the tall, heavy brick wall in front of each house. The name "shikumen" literally means "stone storage door", referring to the strong gateway to each house.

The shikumen is a cultural blend of elements found in Western architecture with traditional Lower Yangtze (Jiangnan) Chinese architecture and social behavior. All traditional Chinese dwellings had a courtyard, and the shikumen was no exception. Yet, to compromise with its urban nature, it was much smaller and provided an "interior haven" to the commotions in the streets, allowing for raindrops to fall and vegetation to grow freely within a residence. The courtyard also allowed sunlight and adequate ventilation into the rooms.

The city also has some beautiful examples of Soviet neoclassical architecture. These buildings were mostly erected during the period from the founding of the People's Republic in 1949 until the Sino-Soviet Split in the late 1960s. During this decade, large numbers of Soviet experts poured into China to aid the country in the construction of a communist state, some of them were architects. Examples of Soviet neoclassical architecture in Shanghai include what is today the Shanghai International Exhibition Center. Beijing, the nation's capital, displays an even greater array of this particular type of architecture.

The Pudong district of Shanghai displays a wide range of supertall skyscrapers. The most prominent examples include the Jin Mao Tower and the taller Shanghai World Financial Center, which at 492 metres tall is the tallest skyscraper in mainland China and ranks third in the world. The distinctive Oriental Pearl Tower, at 468 metres, is located nearby toward downtown Shanghai. Its lower sphere is now available for living quarters, at very high prices. Another tall highrise in the Pudong area of Shanghai is the newly finished Development Tower. It stands at 269 meters.

Also in Pudong, a third supertall skyscraper topping the other Shanghai buildings called the Shanghai Tower is under construction. With a height of 632 metres (2074 feet), the building will have 127 floors upon planned completion in 2014.

Culture

Because of Shanghai's status as the cultural and economic center of East Asia for the first half of the twentieth century, it is popularly seen as the birthplace of everything considered modern in China. It was in Shanghai, for example, that the first motor car was driven and the first train tracks and modern sewers were laid. It was also the intellectual battleground between socialist writers who concentrated on critical realism, which was pioneered by Lu Xun (zh:鲁迅), Mao Dun (zh:茅盾),Nien Cheng and famous French novel the Man's Fate, and the more "bourgeois", more romantic and aesthetically inclined writers, such as Shi Zhecun (zh:施蛰存), Shao Xunmei (邵洵美), Ye Lingfeng (葉靈鳳) and Eileen Chang (zh:张爱玲).

Besides literature, Shanghai was also the birthplace of Chinese cinema and theater. China’s first short film, The Difficult Couple (難夫難妻, Nanfu Nanqi, 1913), and the country’s first fictional feature film, An Orphan Rescues His Grandfather (孤兒救祖記, Gu'er jiu zuji, 1923) were both produced in Shanghai. These two films were very influential, and established Shanghai as the center of Chinese film-making. Shanghai’s film industry went on to blossom during the early Thirties, generating Marilyn Monroe-like stars such as Zhou Xuan. Another film star, Jiang Qing, went on to become Madame Mao Zedong. The talent and passion of Shanghainese filmmakers following World War II and the Communist revolution in China contributed enormously to the development of the Hong Kong film industry. Many aspects of Shanghainese popular culture ("Shanghainese Pops") were transferred to Hong Kong by the numerous Shanghainese emigrants and refugees after the Communist Revolution. The movie In the Mood for Love, which was directed by Wong Kar-wai (a native Shanghainese himself), depicts one slice of the displaced Shanghainese community in Hong Kong and the nostalgia for that era, featuring 1940s music by Zhou Xuan.

Shanghai boasts several museums of regional and national importance. The Shanghai Museum of art and history has one of the best collections of Chinese historical artifacts in the world, including important archaeological finds since 1949. The Shanghai Art Museum, located near People's Square, is a major art museum holding both permanent and temporary exhibitions. The Shanghai Natural History Museum is a large scale natural history museum. In addition, there is a variety of smaller, specialist museums, some housed in important historical sites such as the site of the Provisional Government of the Republic of Korea and the site of the First National Congress of the Communist Party of China.

The Shanghai School (海上画派, Haishang Huapai, which is shortened to 海派, Haipai) is a very important Chinese school of traditional arts during the Qing Dynasty and the whole of the twentieth century. Under efforts of masters from this school, traditional Chinese art reached another climax and continued to the present in forms of the "Chinese painting" (中国画) or guohua (国画) for short. The Shanghai School challenged and broke the literati tradition of Chinese art, while also paying technical homage to the ancient masters and improving on existing traditional techniques. Members of this school were themselves educated literati who had come to question their very status and the purpose of art, and had anticipated the impending modernization of Chinese society. In an era of rapid social change, works from the Shanghai School were widely innovative and diverse, and often contained thoughtful yet subtle social commentary. The most well-known figures from this school are Qi Baishi (齊白石), Ren Xiong (任熊), Ren Yi (任伯年), Zhao Zhiqian (赵之谦), Wu Changshuo (吴昌硕), Sha Menghai (沙孟海, calligraphist), Pan Tianshou (潘天寿), Fu Baoshi (傅抱石) and Wang Zhen (Wang Yiting) (王震). In literature, the term was used in the 1930s by some May Fourth Movement intellectuals, notably Zhou Zuoren and Shen Congwen, as a derogatory label for the literature produced in Shanghai at the time. They argued that so-called Shanghai School literature was merely commercial and therefore did not advance social progress. This became known as the Jingpai (Beijing School) versus Haipai (Shanghai School) debate.

Songjiang School (淞江派) is a small painting school during the Ming Dynasty. It is commonly considered as a further development of the Wu School, or Wumen School (吴门画派), in the then cultural center of the region, Suzhou. Huating School (华亭派) was another important art school during the middle to late Ming Dynasty. Its main achievements were in traditional Chinese painting, calligraphy and poetry, and especially famous for its Renwen painting (人文画). Dong Qichang (董其昌) is one of the masters from this school.

Shanghai's parks offer some reprieve from the urban jungle. Due to the scarcity of play space for children, nearly all parks have a children's section. Zhongshan Gongyuan in Downtown Shanghai is famous for its monument of Chopin, the tallest statue dedicated to the composer in the world. Built in 1914 as Jessfield Park, it once contained the campus of St. John's University, Shanghai's first international college; today, it is known for its extensive rose and peony gardens, a large children's play area, and as the location of an important transfer station on the city's metro system. One of the newest is in the Xujiahui District, Xujiahui Gongyuan, built in 1999 on the former grounds of the Great Chinese Rubber Works Factory and the EMI Recording Studio (today's glamorous La Villa Rouge restaurant), with entrances at Zhaojiabang Lu and in the west at the intersection of Hengshang Lu and Yuqin Lu. The park has a man-made lake with a sky bridge running across the park, and offers a pleasant respite for Xujiahui shoppers.

Other Shanghainese cultural artifacts include the cheongsam (Shanghainese: zansae), a modernization of the traditional Chinese/Manchurian qipao (Chinese: 旗袍; fitting. This contrasts sharply with the traditional qipao which was designed to conceal the figure and be worn regardless of age. The cheongsam went along well with the western overcoat and the scarf, and portrayed a unique East Asian modernity, epitomizing the Shanghainese population in general. As Western fashions changed, the basic cheongsam design changed, too, introducing high-necked sleeveless dresses, bell-like sleeves and, the black lace frothing at the hem of a ball gown. By the 1940s, cheongsams came in transparent black, beaded bodices, matching capes and even velvet. And later, checked fabrics became also quite common. The 1949 Communist Revolution ended the cheongsam and other fashions in Shanghai. However, the Shanghainese styles have seen a recent revival as stylish party dresses. The fashion industry has been rapidly revitalizing in the past decade, there is on average one fashion show per day in Shanghai today. Like Shanghai's architecture, local fashion designers strive to create a fusion of western and traditional designs, often with innovative if uncontroversial results.

Shanghai has hosted a number of world events, including the 2007 Summer Special Olympics and a Live Earth concert. The Shanghai International Film Festival is annually held in the city. The city will be the host of the Expo 2010 World's Fair between May and October 2010. Shanghai is also home to a number of professional sports teams, including Shanghai Shenhua of the Chinese Super League, the Shanghai Sharks of the Chinese Basketball Association, China Dragon of Asia League Ice Hockey and the Shanghai Golden Eagles of the China Baseball League. The city has also hosted the Formula One Chinese Grand Prix at the Shanghai International Circuit every year since 2004.

Industry of Shanghai

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 also hosts the largest share market in mainland China.

The non-state sector has grown to generate 42 percent of Shanghai's GDP, while the reformed state-sector generates 57.5 percent of GDP.[29] 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, behind Singapore.[30] Shanghai and Hong Kong are rivaling to be the economic center of the Greater China region. Hong Kong has the advantage of a stronger legal system, international market integration, superior economic freedom, greater banking and service expertise, lower taxes, and a fully-convertible currency. Shanghai has stronger links to both the Chinese interior and the central government, and a stronger base in manufacturing and technology.

Shanghai has increased its role in finance, banking, and as a major destination for corporate headquarters, fueling demand for a highly educated and modernized workforce. Shanghai has recorded a double-digit growth for 15 consecutive years since 1992. In 2008, Shanghai's nominal GDP posted a 9.7% growth to 1.37 trillion yuan. The Shanghai Stock Exchange is the world's fastest growing, with the Shanghai Composite Index growing 130% in 2006.

As in many other areas in China, Shanghai is undergoing a building boom. In Shanghai the modern architecture is notable for its unique style, especially in the highest floors, with several top floor restaurants which resemble flying saucers. For a gallery of these unique architecture designs, see Shanghai (architecture images).

The bulk of Shanghai buildings being constructed today are high-rise apartments of various height, color and design. There is now a strong focus by city planners to develop more "green areas" (public parks) among the apartment complexes in order to improve the quality of life for Shanghai's residents, quite in accordance to the "Better City - Better Life" theme of Shanghai's Expo 2010.

Industrial zones in Shanghai include Shanghai Hongqiao Economic and Technological Development Zone, Jinqiao Export Economic Processing Zone, Minhang Economic and Technological Development Zone, and Shanghai Caohejing High and New Technological Development Zone (see List of economic and technological development zones in Shanghai).