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Shanghai is the largest city in China and one of the four municipalities directly under the central government. It is the economic, financial, trade and shipping center of mainland China. 



 


It is the “Magic city”.

Located in the Yangtze river estuary in the middle of China's mainland coastline, Shanghai has China's largest industrial base and largest foreign trade port. More than 20 million people  live in Shanghai.



In the past, Shanghai was just a small town with fishing industry and cotton textile handicraft industry. But in the 19th century, Shanghai came to prominence because of its good port position.
After the signing of the treaty of Nanjing in 1842, Shanghai became one of China's open trading ports and quickly developed as a center of east-west trade exchanges.By the 1930s, Shanghai had become the hub of trade and commerce for multinational companies, known as the "Paris of the east".



Shanghai is one of the most economically developed cities in mainland China.The tertiary industry accounts for a certain proportion of Shanghai's economy, among which the most important industries include finance, real estate, insurance and transportation. Many of  top 500 enterprises have set up headquarters, branches and offices in Shanghai.

 


Shanghai's industry was developed. In the early stage of reform and opening up, due to the central policy, the rapid development of southeast China once put Shanghai's industry in a crisis of marginalization. However, since the mid-1990s, with the development of Pudong new area and the reduction of the proportion of financial transfer payment, Shanghai's industry has regained new vitality.


Shanghai accounts for one tenth of China's total industrial output value, mainly in the light and textile, heavy industry, metallurgy, petrochemicals, machinery and electronics industries, as well as automobile, aviation and aerospace industries.Zhangjiang Gaoke brings together a large number of high-end manufacturing industries.
Shanghai is definitely a magic city that is suitable for people worldwide to invest and do business.
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