Shanghai 

China

24 million inhabitants

University city

www.shanghai.gov.cn

Description

Located at the mouth of Yangtze River in eastern China and facing the Pacific Ocean, Shanghai covers an area of 6,340.5 square kilometers and had a population of 24.1970 million by the end of 2016.

As China’s largest economic center, Shanghai’s per capita GDP was US$17,105 in 2016, equivalent to that of a medium developed country. The city is at the forefront of the country’s reform and opening-up policy. Chinese government set up the China (Shanghai) Pilot Free Trade Zone in Shanghai in September 2013. A total of 580 multinational companies set up their regional headquarters in the city and 411 foreign-funded R&D centers were established as well. Shanghai is one of the world’s financial centers. The total transactions in Shanghai’s financial markets amounted to 1,364.66 trillion yuan in 2016, with trading volume of several products ranked top among global markets.

The city is an important international shipping center. It has container trade with more than 500 ports around the world. Shanghai ports handled 701.7656 million tons of goods in 2016. The volume of international container has topped for seven consecutive years. In 2016, a total of 741,900 flights took off or landed at Shanghai Pudong and Hongqiao international airports. The total passenger throughput was 106.4625 million in 2016. Being a famous tourist destination and international cultural exchange center, Shanghai received 8.5437 million foreign tourists in 2016. It boasts 124 museums, 24 public libraries and more than 270 performance troupes. Shanghai also organized nearly 70 international sports events in 2016.

As the host city of 2010 World Expo, Shanghai has always strived to realize the goal of “Better City, Better Life”, a slogan proposed at the Expo. It has made great efforts to build itself into an innovative, cultural and ecological city with global influence. Shanghai aims to become an extraordinary metropolis, international economic, financial, trade and shipping center and innovative and cultural city by 2040.