Small fishing village on the banks of the Wusong Jiang River known as Hu.

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Presentation transcript:

Small fishing village on the banks of the Wusong Jiang River known as Hu

Tang & Ming Dynasties 751 AD: Incorporated into Huating 1292: Developed from a “zhen” to a “xian” 1553: Wall build around the Old Town to protect from Japanese Pirates 1664: Cotton and textile center

The “City on the Sea” Small fishing village until 1842 – 1 st Opium War: Britain began using Shanghai as a treaty port British, French and American colonial presences independent of Chinese law – Mixed cultures: Openness to Western influence Industrial center and trading port – Attracted foreign business people and Chinese migrants

Small Sword Society 1850s: Taiping Rebels wanted to overthrow Qing government Took over the Old City Thousands of Chinese driven into foreign concessions Ended in 1864

Foreign Response to Rebellion 1863: International Settlement formed – Immigrants seeking fame and wealth – Serphardic Jew businessmen made contributions in opium and real estate

The “Paris of the East” Center of Fashion, Art, Music, Romance – Gap between rich and poor; Communist party Leading center of finance and trade in Asia Gap between rich and poor & poor working conditions – Anti-foreign sentiment – Communism emerged

WWII 1930s and ‘40s saw Japanese raids, invasions and occupation 1943 closed the treaty port; international powers relinquished concessions Communists established the People’s Republic of China in 1949 – Foreigners fled; industries began to shut down Base of operations for the Gang of Four – January Storm of 1967: reform of the “Four Olds” and Cultural Revolution

City of Change 1972: Richard Nixon and Zhou Enlai signed the Shanghai Communiqué – 14 th Congress endorsed the concept of a socialist market economy Now striving to return to Internationalism – One of China’s most open cities to FDI – Hosts the nation’s stock market – Accounts for 1/5 of the country’s GNP – Most important industrial base – 21 st century infrastructure building frenzy

Other Notable Events 1999: Fortune 500 Global Economic Forum 2001: APEC Conference 2004: 1 st Formula One Grand Prix in China 2010: World Expo

Shanghai Economics One of the fastest growing economies & largest ports Significant FDI in industrial and consumer product manufacturing – 300/500 Top world enterprises Abundant skilled/unskilled workers Largest consumer market among all mainland cities Consumers are trend-setters for fashion and lifestyle products China’s financial center – 2012: 1,124 financial institutions (208 were foreign-invested ) – Set up of the market operation head office of the People’s Bank of China in Shanghai in 2005

Major Industries ElectronicsAutomobile Financial ServicesSteel Computer InformationChemicals PetrochemicalsTextiles Equipment ManufacturingMetal Fabrication LogisticsMedical Shanghai plays a key role in China’s heavy industries – 77% of the gross industrial output in 2012 – Baosteel Group, China’s largest steelmaker – Fosun Group, one of China’s largest private steelmakers

Attractions THE BUND Symbolic center of the city 1 mile stretch with 52 historical buildings YUYUAN GARDEN & BAZAAR Most famous gardens Near the City God Temple in the Old City Vendors hawk their wares in the Bazaar

ZHUJIAJIAO ANCIENT TOWN Older buildings with water canals Boating trips, gardens, & shopping streets Attractions Cntd. DONGTAI ANTIQUE ROAD Small stalls and shops Cultural artifacts and antiques

TIANZIFANG STREET Artsy area in the French Concession Less touristy shopping opportunity Attractions Cntd. LUJIAZUI One of the four Pudong economic areas Futuristic, avant-garde architecture Oriental Pearl Tower, Jin Mao Building, Bank of China Tower, Shanghai World Financial Center

Attractions Cntd. NANJING ROAD Most bustling & prosperous street Developed shopping center (i.e. Malls) PEOPLE’S SQUARE Beautiful center of Shanghai Shanghai Museum & Grand Theatre Smart musical fountain in the middle

Attractions Cntd. SHANGHAI ACROBATICS Performances each night (~2 hours) World famous troupe MOGANSHAN ROAD ART DISTRICT Thriving art colony in old warehouses Contemporary Chinese art scene ShanghART, Art Scene Warehouse, etc.