Shanghai, the largest economic centre in China, has been known as a centre for commerce and for the blending of Western and Oriental cultures. Today, Shanghai has set a new goal: to build itself into an international centre for economy, finance, and trade in the 21st century. To reach the goal, they feel that it is vital to develop Pudong. The Pudong New District is named for its location: east ("dong") of the Huangpu River, the last tributary flowing into the Changjiang (Yangtze) River.
The overpass at Longyang Road
The Pudong New District covers 522 square kilometers and touches the Changjiang in the northeast, Hangzhou Bay in the south, and the Huangpu in the west, thus enjoying favourable conditions for the construction of a harbour and for water transportation. It has a large area for further development, an advantage seen in few other coastal areas in East China. Ten years of unremitting effort have greatly improved the infrastructure in Pudong. The construction of the Inner Ring Road, Yanggao Road, the Century Boulevard, the No. 2 underground railway across the Huangpu River, the Pudong International Airport, the Pudong International Information Centre, the Waigaoqiao Power Plant, and the first phase of the Pudong Deep-Water Port has not only improved the investment environment but also helped form a modern new multi-function district with a foreign-oriented production.
To develop modern industries, Pudong will focus on high technology, including electronics, information science, bio-pharmacy, and new materials. Today, Pudong has a hi-tech district covering 60 square kilometers. The district has so far attracted Umore than 6,000 projects from 67 countries and regions, thus acquiring one of the densest concentrations of capital in the world.
Source: http://flatrock.org.nz/topics/info_and_tech/wheeling_and_dealing_in_shanghai.htm
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