Shanghai, investors' Right Choice


As it often says, the arriving 21st century is the time when the Pacific Rim economy rises up and this sign had already dawned in the late 20th century. Between 1960s and 1970s, Japan 's economic takeoff once drew worldwide attention. During 1980s and 1990s, the rapid economic development of Asia 's Four Dragons and Four Tigers had displayed the potentiality of Asia 's economic development.

In the last several years of the 20th century, China solemnly committed to the world that China would not depreciate its RMB and it displayed the enormous economic developing capability of the world most populous country after its reform and opening. Years of rapid and sustained economic growth plus 1.2 billion people have made CEOs of most of the multinational companies to revise their 21st century strategic plans. A market with 1.2 billion people is certainly a factor they cannot afford to neglect in their 21st century strategic decision.

Shanghai , the metropolis on China 's coast, found a new takeoff opportunity in 1990s. The opening and development of Pudong has pushed Shanghai to the forefront of China 's economic reform and opening. Through years of tremendous investment input and efforts, Shanghai has called worldwide attention upon its achievements in industrial construction and urban revamping.

With the development of last two decades in the 20th century, Shanghai 's GDP per capita has reached 3700 USD. According to the international standard of economic development, Shanghai will enter a new historic stage.

Overlooking the 21st century, Shanghai will appear in a fresher image in front of the world and it is an important strategic aim of Shanghai to build itself into an economic, finance and trade center. With the current developing wave of world's knowledge-based economy and driving force of technology innovation, it is to comprehensively promote the optimization and upgrading of industrial structure, form a new type of industrial system consisting of strategic industry, pillar industry, metropolitan industry and knowledge-based industry and continuously strengthen the comprehensive strength and competition capability of Shanghai . It is the focus of Shanghai 's urban construction to continuously improve its traffic and communication. In the new century, Shanghai will make deep-water port, airport, infoport, highway network, rail transportation network and high-speed railway as its construction focus and build a rapid and convenient modern transportation and communication network linking both home and abroad and projecting over the Yangtze River Delta. Through the optimization of industrial structure and implementation of a new round of urban construction, Shanghai will gradually establish a sustained developing modern economic system. With the acceleration of China 's pace in entering WTO, Shanghai will become a modern metropolis with rapid economic development, beautiful urban environment and comprehensive service facilities. You can imagine that, in the new century, Shanghai will become a shining pearl at the West End of Pacific Ocean.