Today we will discuss one of our destinations, Shanghai, in further detail. Unlike our page “destinations”, where we note some basic points about the three cities, we will link those points to many other interesting facts about Shanghai. Both on a business and recreational level.
It is common knowledge that Shanghai has grown to be one of the world’s biggest economies over the last decades. With an average growth of 11%, it generates most of China’s total yearly revenue. Where China started off as the location for cheap labor, Shanghai quickly developed its “six pillar-industries”. These first (pillar-) industries were heavy demanding and polluting industries like petrochemicals and steel, causing them to switch to more high-tech industries. Over the years they have added and changed a couple of industries on the list until they reached the current list six industries, which are the information industry, financial services, like the Lujiazui Finance Trade Zone, commerce and trade, automobile manufacture, equipment assemblies and real estate. Other interesting industries at the moment are cheese, bakeries and agriculture.
Against expectations, Shanghai has the perfect ground for agriculture and the government continually emphasizes the importance of development of agricultural industries like planting, forestry and fisheries. Throughout the city there are many organized urban agricultural zones, which attract many foreign investments and advanced technologies. Additionally, Shanghai’s port is one of the largest ports in the world, heavily simplifying Shanghai’s import and export.
But not just on a business level, also on a cultural level there’s a lot to see in and around Shanghai. Being some of the biggest tourist attractions, most people are aware of the Shanghai Tower, The Bund and the Huangpu River. However, there are also many inspiring, creative and active sights around the city. The Jing’An sculpture park, Bouldering on the Bund, M50, Power Station of Art and the PPAM to name a few.