Dynamism of Shanghai
For centuries, Shanghai was considered the Gate to China for Westerners. Memories of foreign settlements 70 or 80 years ago make it much easier for Shanghai to join the mainstream of international trends. When Beijing represents the political and historical capital of China, Shanghai stands as the business center and the prototype of New China. Indeed, the many facilities developed by foreigners in Shanghai in the early 20th century have laid the foundation for modern Shanghai to rejoin the ranks of global cities. Presently, the density and the buzzing dynamism of Shanghai compare with other gigantic cities like New York and Tokyo.
In the course of China’s reforms since late 1970s, Shanghai has drawn global attention due to its strategic port location and booming economy. The city’s "build it and they will come" mentality has, after all, paid off handsomely before. Many people scoffed when Shanghai announced plans in 1990 to develop what was then just an expanse of marshy land, villages and old factories into the city’s new financial district. Today Pudong is a stunning conglomeration of soaring office towers and hi-tech factories that has attracted tens of billions of dollars in foreign investment. Although many other areas have been opened to promote foreign investment in Chinese mainland, Shanghai remains the privileged business and finance center where many foreign companies have their Chinese headquarters.
The towering skyscrapers are signs of Shanghai’s prosperity and the magnets that attract both local and foreign talent to converge on the metropolis, that presents a unique mix of East and West as well as new and old in people’s lifestyle. Shanghai beat all other Chinese cities to top a list of ideal Chinese cities for living in with its phenomenal economic dynamism that fascinates numerous domestic residents as well as overseas investors. People here are highly-efficient, quick-thinking and full of drive.
Even at night, the city is alive with lights which line highways, buildings and the Huangpu River. To see Shanghai’s spectacular skyline by night, you can take an evening cruise around the harbor; or, head out to the theatre, opera, discos, acrobat shows, karaoke clubs and upscale lounges, or bargain in the boutiques that are open day and night.
Economic dynamism, an open social atmosphere and distinctive cultural features make Shanghai an ideal location for the World Expo, which will be the city’s greatest opportunity to show off its resurgent glory.