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Shanghai, a municipality directly under the Central Government, is China’s
largest city, with an urban population of 9.86 million. Advantageously
located,
Shanghai is halfway down China’s mainland coastline, where the Yangtze River
empties into the sea. An important comprehensive industrial base and harbor,
Shanghai plays an essential role in the national economy. Major industries
include metallurgy, machine-building, shipbuilding, chemicals, electronics,
meters, textiles and other light industries, in addition to its highly
developed
commerce, banking and ocean shipping industry. The Pudong New Zone, separated
from the old city by the Huangpu River, is now undergoing vigorous development
and construction. The opening and development of the Pudong
New Zone is intended to build it, within several decades, into a modern, multi-
functional, export-oriented district, on a par with the world’s
best. This will lay
the foundation for the transformation of Shanghai into an international
economic,
banking and trade center, and a modern international metropolis. |
