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93-930: The Shanghai Orchestra Academy is a two-year post-graduate program of advanced orchestral training in Shanghai , China . It is a joint effort of the Shanghai Symphony Orchestra and the New York Philharmonic , in partnership with the Shanghai Conservatory of Music . Its first class was admitted in 2014 and graduated in July 2016. Applicants are accepted by audition from around the world. Students are provided with master classes, coaching, mock auditions, and seminars, with instruction in Orchestra Performance, Chamber Music, and Musicianship Skills. Teaching

186-642: A business, the right to import parts and equipment without duty, the right to keep and use foreign exchange earnings, and sometimes income or property tax breaks . There may also be other incentives relating the methods of customs control and filing requirements. The rationale is that the zones will attract investment, create employment, and thus reduce poverty and unemployment, stimulating the area's economy. These zones are often used by multinational corporations to set up factories to produce goods (such as clothing, shoes, and electronics). Free-trade zones should be distinguished from free trade areas . A free trade zone

279-713: A center for radical leftism during the 1950s and 1960s. The radical leftist Jiang Qing and her three allies, together the Gang of Four , were based in the city. During the Cultural Revolution (1966–1976), Shanghai's society was severely damaged. The majority of the workers in the Shanghai branch of the People's Bank of China were Red Guards and they formed a group called the Anti-Economy Liaison Headquarters within

372-438: A comparatively heavy contributor of tax revenue to the central government; in 1983, the city's contribution in tax revenue was greater than the investment received in the past 33 years combined. Its importance to the fiscal well-being of the central government also denied it from economic liberalizations begun in 1978. In 1990, Deng Xiaoping permitted Shanghai to initiate economic reforms, which reintroduced foreign capital to

465-463: A county under Songjiang Prefecture, which had its seat in the present-day Songjiang District . Two important events helped promote Shanghai's developments in the Ming dynasty . A city wall was built for the first time in 1554 to protect the town from raids by Japanese pirates . It measured 10 m (33 ft) high and 5 km (3 mi) in circumference. A City God Temple was built in 1602 during

558-691: A dichotomous city where both light and darkness existed. The city has various nicknames in English, including the " New York of China", in reference to its status as a cosmopolitan megalopolis and financial hub , the "Pearl of the Orient", and the "Paris of the East." This is similar to Ho Chi Minh City (also known as Saigon), in Vietnam, which has also been nicknamed as "Paris of the Orient," due to Vietnam's historical French status. The western part of modern-day Shanghai

651-556: A fishing village and market town, Shanghai grew in importance in the 19th century due to both domestic and foreign trade and its favorable port location. The city was one of five treaty ports forced to open to European trade after the First Opium War . The Shanghai International Settlement and the French Concession were subsequently established. The city then flourished, becoming a primary commercial and financial hub of Asia in

744-553: A foreign divestment due to the PRC's victory. After the war, Shanghai's economy was restored—from 1949 to 1952, the city's agricultural and industrial output increased by 51.5% and 94.2%, respectively. There were 20 urban districts and 10 suburbs at the time. On 17 January 1958, Jiading , Baoshan, and Shanghai County in Jiangsu became part of Shanghai Municipality, which expanded to 863 km (333.2 sq mi). The following December,

837-659: A hub for international trade and finance. It is the home of the Shanghai Stock Exchange , the largest stock exchanges in the Asia-Pacific by market capitalization and the Shanghai Free-Trade Zone , the first free-trade zone in mainland China. Shanghai has been classified as an Alpha+ ( global first-tier ) city by the Globalization and World Cities Research Network . As of 2024, it is home to 13 companies of

930-537: A new city center in Jiangwan town of Yangpu district, outside the boundaries of the foreign concessions. The plan included a public museum, library, sports stadium, and city hall, which were partially constructed before being interrupted by the Japanese invasion. In the 1920s, shidaiqu became a new form of entertainment and was popularised in Shanghai. The city flourished, becoming a primary commercial and financial hub of

1023-461: A powerful faction in the central government known as the Shanghai Clique , which has often been viewed as competing against the rival Youth League Faction over personnel appointments and policy decisions. However, Xi Jinping, successor to Hu Jintao as General Secretary and President , was largely an independent leader and took anti-corruption campaigns on both factions. Shanghai is one of

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1116-786: A presence outside the walled city of Shanghai, which remained under the direct administration of the Chinese. The Chinese-held Old City of Shanghai fell to rebels from the Small Swords Society in 1853, but control of the city was regained by the Qing government in February 1855. In 1854, the Shanghai Municipal Council was created to manage the foreign settlements. Between 1860 and 1862, the Taiping rebels twice attacked Shanghai and destroyed

1209-472: A result of these two critical decisions, Shanghai became the major trade port for all of the lower Yangtze region by 1735, despite still being at the lowest administrative level in the political hierarchy. In the 19th century, international attention to Shanghai grew due to Europe and recognition of its economic and trade potential at the Yangtze . During the First Opium War (1839–1842), British forces occupied

1302-643: Is a direct-administered municipality and the most populous urban area in China . The city is located on the Chinese shoreline on the southern estuary of the Yangtze River , with the Huangpu River flowing through it. The population of the city proper is the third largest in the world , with around 24.87 million inhabitants in 2023, while the urban area is the most populous in China , with 29.87 million residents. As of 2022,

1395-496: Is a cultural blend of elements found in Western architecture with traditional Jiangnan Chinese architecture and social behavior. Like almost all traditional Chinese dwellings, it has a courtyard , which reduces outside noise. Vegetation can be grown in the courtyard, and it can also allow for sunlight and ventilation in the rooms. Some of Shanghai's buildings feature Soviet neoclassical architecture or Stalinist architecture , though

1488-540: Is a specific type of FTZ usually set up in developing countries by their governments to promote industrial and commercial exports. According to the World Bank, "an export processing zone is an industrial estate, usually a fenced-in area of 10 to 300 hectares, that specializes in manufacturing for export. It offers firms free trade conditions and a liberal regulatory environment. Its objectives are to attract foreign investors, collaborators, and buyers who can facilitate entry into

1581-794: Is known for its rich water resources as part of the Lake Tai drainage basin . Downtown Shanghai is bisected by the Huangpu River, a man-made tributary of the Yangtze created by order of Lord Chunshen during the Warring States period. The historic center of the city was located on the west bank of the Huangpu ( Puxi ), near the mouth of Suzhou Creek, connecting it with Lake Tai and the Grand Canal . The central financial district, Lujiazui, has been established on

1674-927: Is located nearby at the northern tip of Lujiazui. Skyscrapers outside of Lujiazui include the White Magnolia Plaza in Hongkou, the Shimao International Plaza in Huangpu, and the Shanghai Wheelock Square in Jing'an . Like all governing institutions in mainland China , Shanghai has a parallel party-government system, in which the CCP Committee Secretary , officially termed the Chinese Communist Party Shanghai Municipal Committee Secretary, outranks

1767-580: Is located on an alluvial plain . As such, the vast majority of its 6,340.5 km (2,448.1 sq mi) land area is flat, with an average elevation of 4 m (13 ft). Tidal flat ecosystems exist around the estuary, however, they have long been reclaimed for agricultural purposes. The city's few hills, such as She Shan , lie to the southwest, and its highest point is the peak of Dajinshan Island (103 m or 338 ft) in Hangzhou Bay. Shanghai has many rivers, canals, streams, and lakes, and it

1860-566: Is normally established in a single country, although there are a few exceptions where a free zone may cross a national border, such as the Syrian/Jordanian Free Trade Zone. Free trade areas are set up between countries; for example, the Latin America Free Trade Association (LAFTA) was created in the 1960 Treaty of Montevideo by Argentina , Brazil , Chile , Mexico , Paraguay , Peru , and Uruguay ; and

1953-659: Is provided by musicians of both orchestras and instructors from the conservatory, and sometimes visiting orchestras as well. New York Philharmonic teachers visit four times a year for lessons. Graduates of the program receive a Master of Fine Arts degree in Orchestral Performance from the Shanghai Conservatory. Some students may be selected as Zarin Mehta Fellows who travel to New York for a one-week orchestra immersion experience. Shanghai Shanghai

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2046-631: Is still in operation today. Other free zones to note are the Kandla Free Zone in India, which started in about 1960, and the Kaohsiung Export Processing Zone in Taiwan, which started in 1967. The number of worldwide free-trade zones proliferated in the late 20th century. Corporations setting up in a zone may be given a number of regulatory and fiscal incentives, such as the right to establish

2139-451: Is the shikumen ( 石库门 , "stone storage door") residence, typically two- or three-story gray brick houses with the front yard protected by a heavy wooden door in a stylistic stone arch. Each residence is connected and arranged in straight alleys, known as longtang ( 弄堂 ). The house is similar to western-style terrace houses or townhouses , but distinguished by the tall, heavy brick wall and archway in front of each house. The shikumen

2232-456: Is the modern-day Shanghai Exhibition Center . Shanghai—Lujiazui in particular—has numerous skyscrapers , making it the fifth city in the world with the most skyscrapers . Among the most prominent examples are the 421 m (1,381 ft) high Jin Mao Tower , the 492 m (1,614 ft) high Shanghai World Financial Center , and the 632 m (2,073 ft) high Shanghai Tower , which

2325-460: Is the tallest building in China and the third tallest in the world . Completed in 2015, the tower takes the form of nine twisted sections stacked atop each other, totaling 128 floors. It is featured in its double-skin facade design, which eliminates the need for either layer to be opaqued for reflectivity as the double-layer structure has already reduced the heat absorption. The futuristic-looking Oriental Pearl Tower, at 468 m (1,535 ft),

2418-541: The Fortune Global 500 and is ranked 4th on the Global Financial Centres Index . The city is also a global major center for research and development and home to numerous Double First-Class Universities , including Fudan University and Shanghai Jiaotong University . The Shanghai Metro , first opened in 1993, is the largest metro network in the world by route length. Shanghai has been described as

2511-460: The Asia-Pacific region in the 1930s. During the ensuing decades, citizens of many countries and all continents came to Shanghai to live and work; those who stayed for long periods⁠⁠—some for generations⁠—called themselves " Shanghailanders ." In the 1920s and 1930s, almost 20,000 White Russians fled the newly established Soviet Union to reside in Shanghai. These Shanghai Russians constituted

2604-569: The Broadway Mansions ; and Austrian architect C.H. Gonda , who designed the Capitol Theatre . The Bund has been revitalized several times. The first was in 1986, with a new promenade by the Dutch architect Paulus Snoeren. The second was before the 2010 Expo , which includes restoration of the century-old Waibaidu Bridge and reconfiguration of traffic flow. One distinctive cultural element

2697-566: The Huangpu River . Its former or poetic name, the Chunshen River, gave Shanghai its nickname of "Shēn." Fishermen living in the Shanghai area then created a fish tool called the hù , which lent its name to the outlet of Suzhou Creek north of the Old City and became a common nickname and abbreviation for the city. During the Tang and Song dynasties, Qinglong Town ( 青龙镇 ) in modern Qingpu District

2790-562: The Kangxi Emperor reversed the Ming dynasty prohibition on oceangoing vessels—a ban that had been in force since 1525; and in 1732, the Qianlong Emperor moved the customs office for Jiangsu province ( 江 海 关 ; see Customs House, Shanghai ) from the prefectural capital of Songjiang to Shanghai, and gave Shanghai exclusive control over customs collections for Jiangsu's foreign trade. As

2883-769: The Mayor . The CCP committee acts as the top policy-formulation body, and is typically composed of 12 members (including the secretary), and has control over the Shanghai Municipal People's Government . Political power in Shanghai has frequently been a stepping stone to higher positions in the central government. Since Jiang Zemin became the General Secretary of the Chinese Communist Party in June 1989, all former Shanghai party secretaries but one were elevated to

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2976-713: The North American Free Trade Agreement was established between Mexico, the United States, and Canada. In free trade areas, tariffs are only lowered between member countries. They should also be distinguished from customs unions, like the former European Economic Community, where several countries agree to unify customs regulations and eliminate customs between the union members. Free-trade zones have more recently been also called special economic zones in some countries. Special economic zones (SEZs) have been established in many countries as testing grounds for

3069-522: The Politburo Standing Committee , the de facto highest decision-making body in China, including Jiang himself (Party General Secretary), Zhu Rongji (Premier), Wu Bangguo (NPC Chairman), Huang Ju (Vice Premier), Xi Jinping (current General Secretary), Yu Zhengsheng (CPPCC Chairman), Han Zheng (Vice Premier and Vice President), and Li Qiang (Premier). Zeng Qinghong , a former deputy party secretary of Shanghai, also rose to

3162-758: The Shanghai Museum , the Shanghai Grand Theatre , the Oriental Art Center , and the Oriental Pearl Tower . Despite rampant redevelopment, the Old City still retains some traditional architecture and designs, such as the Yu Garden , an elaborate Jiangnan style garden. As a result of its construction boom during the 1920s and 1930s, Shanghai has among the most Art Deco buildings in the world. One of

3255-621: The Steelyard in London. The Steelyard, like other Hansa stations, was a separate walled community with its own warehouses, weighing house, chapel, counting houses , and residential quarters. In 1988, remains of the former Hanseatic trading house, once the largest medieval trading complex in Britain, were uncovered by archaeologists during maintenance work on Cannon Street Station. Shannon , Ireland ( Shannon Free Zone ), established in 1959, has claimed to be

3348-602: The Third Front campaign to develop basic industry and heavy industry in China's hinterlands in case of invasion by the Soviet Union or the United States, 354,900 Shanghainese were sent to work on Third Front projects. The centrepiece of Shanghai's Small Third Front project was the "rear base" in Anhui rear base which served as "a multi-function manufacturing base for anti-aircraft and anti-tank weaponry. Since 1949, Shanghai has been

3441-593: The Wanli reign. This honor was usually reserved for prefectural capitals and not normally given to a mere county seat such as Shanghai. Scholars have theorized that this likely reflected the town's economic importance, as opposed to its low political status. During the Qing dynasty , Shanghai became one of the most important seaports in the Yangtze Delta region as a result of two important central government policy changes: in 1684,

3534-456: The list of cities with the most skyscrapers , and it is one of the biggest economic hubs in the world. The two Chinese characters in the city's name are 上 ( shàng / zaon , "upon") and 海 ( hǎi / hé , "sea"), together meaning "On the Sea." The earliest occurrence of this name dates from the 11th-century Song dynasty , when there was already a river confluence and a town with this name in

3627-450: The "showpiece" of the economy of China . Featuring several architectural styles such as Art Deco and shikumen , the city is renowned for its Lujiazui skyline, museums and historic buildings including the City God Temple , Yu Garden , the China Pavilion and buildings along the Bund . The Oriental Pearl Tower can be seen from the Bund. Shanghai is also known for its cuisine , local language , and cosmopolitan culture, ranks sixth in

3720-399: The 1895 Treaty of Shimonoseki , which elevated Japan to become another foreign power in Shanghai. Japan built the first factories in Shanghai, which was soon copied by other foreign powers. All this international activity gave Shanghai the nickname "the Great Athens of China." The Republic of China was established in 1912. The same year, the Old City walls were dismantled as they blocked

3813-420: The 1930s. During the Second Sino-Japanese War , the city was the site of the major Battle of Shanghai . After the war, the Chinese Civil War soon resumed between the Kuomintang (KMT) and the Chinese Communist Party (CCP), with the latter eventually taking over the city and most of the mainland. From the 1950s to the 1970s, trade was mostly limited to other socialist countries in the Eastern Bloc , causing

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3906-485: The Alternative Site Framework (ASF) should be considered. The ASF may be an appropriate option for certain Foreign-Trade Zone projects, but the decision of whether to adopt the new framework and what the configuration of the sites should be requires careful analysis and planning. Regardless of the choice to expand the FTZ project, the sites should be selected and the application drafted in such a manner as to receive swift approval while maximizing benefit to those that locate in

3999-405: The Greater Shanghai metropolitan area was estimated to produce a gross metropolitan product ( nominal ) of nearly 13 trillion RMB ($ 1.9 trillion). Shanghai is one of the world's major centers for finance, business and economics , research, science and technology, manufacturing, transportation, tourism , and culture . The Port of Shanghai is the world's busiest container port . Originally

4092-409: The Japanese government transferred them to Shanghai by November 1941. Other Jewish refugees found haven in Shanghai, not through Sugihara, but came on ships from Italy. The refugees from Europe were interned into a cramped ghetto in the Hongkou District and after the Japanese attack on Pearl Harbor , even the Iraqi Jews who had been living in Shanghai from before the outbreak of WWII were interned. Among

4185-404: The Japanese invasion of Shanghai was the Shanghai Ghetto . Japanese consul to Kaunas , Lithuania , Chiune Sugihara issued thousands of visas to Jewish refugees who were escaping the Nazi's Final Solution to the Jewish Question . They traveled from Keidan , Lithuania across Russia by railroad to the Vladivostok from where they traveled by ship to Kobe, Japan . Their stay in Kobe was short as

4278-409: The Politburo Standing Committee and became the Vice President and an influential power broker. Li Xi , another former deputy party secretary of Shanghai, has become the Politburo Standing Committee and Secretary of CCDI member in 2022. The only exception is Chen Liangyu , who was fired in 2006 and later convicted of corruption . Officials with ties to the Shanghai administration collectively form

4371-764: The River Pu"), the newer part of urban and suburban Shanghai on the east bank of the Huangpu River, is governed by Pudong New Area ( 浦东新区 ). Seven of the districts govern suburbs, satellite towns, and rural areas farther away from the urban core: Baoshan, Minhang , Jiading, Jinshan, Songjiang, Qingpu, and Fengxian. Chongming District comprises the islands of Changxing and Hengsha and most—but not all —of Chongming Island. Free-trade zone The World Bank defines free trade zones as "small, fenced-in, duty-free areas, offering warehousing, storage, and distribution facilities for trade, transshipment , and re-export operations". Free-trade zones can also be defined as labor-intensive manufacturing centers that involve

4464-418: The UAE. In these Free Zones, investors benefit from maintaining full business ownership and receiving tax exemptions. Some of the benefits of setting up business in UAE Free Zones are: Some Free Zones in UAE are: Kuwait's free trade zone (FTZ) was formally established in 1999 to expand businesses and lure the export industry. The zone was located in the western part of the commercial port of Shuwaikh . It

4557-399: The United States have recently been making use of the flexible opportunities offered by the Alternative Site Framework (ASF) program. The ASF program is designed to serve zone projects that want the flexibility to both attract users/operators to certain fixed sites but also want the ability to serve companies at other locations where the demand for FTZ services will arise in the future. FTZ 32

4650-548: The United States, the Foreign-Trade Zones Board (FTZB), established under the Foreign-Trade Zones (FTZ) Act of 1934, is led by the Secretary of Commerce and the Secretary of the Treasury . In January 2009, the Foreign-Trade Zones Board adopted an FTZ Board staff proposal to make what it called the Alternative Site Framework (ASF) as a means of designating and managing general-purpose FTZ sites through reorganization. The ASF provides Foreign-Trade Zone grantees greater flexibility to meet specific requests for zone status by utilizing

4743-494: The Zone. Successful zone projects are generally the result of a plan developed and implemented by individuals who understand all aspects of the FTZ program. The FTZB approves the reorganization of Foreign Trade Zone (FTZ) 32 under the alternative site framework. The application submitted by its grantee, the Greater Miami Foreign Trade Zone was approved and officially ordered by the FTZB on January 8, 2013. From California to Oklahoma, North Carolina, and New York State, FTZs all across

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4836-405: The area. Others contend that the city is referenced in historical records dating back 2150 years, and that its ancient name, "Hu", suggests it was previously a fishing village. In 1280 it was renamed "Shanghai", which translates to "Above the Sea". How the name should be understood has been disputed, but Chinese historians have concluded that during the Tang dynasty , the area of modern-day Shanghai

4929-420: The bank of the Huangpu River, is home to a row of early 20th-century architecture, ranging in style from the neoclassical HSBC Building to the Art Deco Sassoon House (now part of the Peace Hotel ). Many areas in the former foreign concessions are also well-preserved, the most notable being the French Concession. Shanghai is also home to many architecturally distinctive and even eccentric buildings, including

5022-724: The beginning of autumn, the city is susceptible to typhoons . The most pleasant seasons are generally spring, although changeable and often rainy, and autumn, which is usually sunny and dry. With monthly percent possible sunshine ranging from 28% in June to 46% in August, the city receives 1,754 hours of bright sunshine annually. (All the mean values mentioned in this paragraph are data observed in Baoshan District） According to China's seasonal division standard, from 2001 to 2024, Shanghai enters spring on 9 March, summer on 16 May, autumn on 5 October, and winter on 4 December. Extremes since 1951 have ranged from −10.1 °C (14 °F) on 31 January 1977 (unofficial record of −12.1 °C (10 °F)

5115-410: The branch. The Anti-Economy Liaison Headquarters dismantled economic organizations in Shanghai, investigated bank withdrawals, and disrupted regular bank service in the city. The Shanghai People's Commune was established in the city during the January Storm of 1967. Despite the disruptions of the Cultural Revolution, Shanghai maintained economic production with a positive annual growth rate. During

5208-467: The city and developed the Pudong district, resulting in the birth of Lujiazui . That year, the China's central government designated Shanghai as the "Dragon Head" of economic reform . As of 2020, Shanghai is classified as an Alpha+ city by the Globalization and World Cities Research Network , making it one of the world's Top 10 major cities. In early 2022, Shanghai experienced a large outbreak of COVID-19 cases. After localized lockdowns failed to stem

5301-405: The city has fewer such structures than Beijing. These buildings were mostly erected between the founding of the People's Republic in 1949 and the Sino-Soviet Split in the late 1960s. During this time period, large numbers of Soviet experts, including architects, poured into China to aid the country in the construction of a communist state. An example of Soviet neoclassical architecture in Shanghai

5394-473: The city's eastern and southern suburbs, but failed to take the city. In 1863, the British settlement to the south of Suzhou Creek (northern Huangpu District ) and the American settlement to the north (southern Hongkou District ) joined in order to form the Shanghai International Settlement . The French opted out of the Shanghai Municipal Council and maintained its own concession at the city's south and southwest. The First Sino-Japanese War concluded with

5487-492: The city's expansion. In July 1921, the Chinese Communist Party was founded in the Shanghai French Concession . On 30 May 1925, the May Thirtieth Movement broke out when a worker in a Japanese-owned cotton mill was shot and killed by a Japanese foreman. Workers in the city then launched general strikes against imperialism , which became nationwide protests that gave rise to Chinese nationalism . The golden age of Shanghai began with its elevation to municipality after it

5580-402: The city's global influence to decline during the Cold War . Major changes of fortune for the city would occur when economic reforms initiated by paramount leader Deng Xiaoping during the 1980s resulted in an intense redevelopment and revitalization of the city by the 1990s, especially the Pudong New Area, aiding the return of finance and foreign investment. The city has since re-emerged as

5673-429: The city. The war ended in 1842 with the Treaty of Nanking , which opened Shanghai as one of the five treaty ports for international trade. The Treaty of the Bogue , the Treaty of Wanghia , and the Treaty of Whampoa (signed in 1843, 1844, and 1844, respectively) forced Chinese concession to European and American desires for visitation and trade on Chinese soil. Britain, France, and the United States all established

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5766-404: The districts govern Puxi ( lit.  "The West Bank," or "West of the River Pu"), the older part of urban Shanghai on the west bank of the Huangpu River. These seven districts are collectively referred to as Shanghai Proper ( 上海市区 ) or the core city ( 市中心 ), which comprise Huangpu, Xuhui, Changning , Jing'an, Putuo, Hongkou, and Yangpu. Pudong ( lit.  "The East Bank," or "East of

5859-416: The domestic government pays part of the initial cost of factory setup, loosens environmental protections and rules regarding negligence and the treatment of workers , and promises not to ask payment of taxes for the next few years. When the taxation-free years are over, the corporation that set up the factory without fully assuming its costs is often able to set up operations elsewhere for less expense than

5952-912: The east bank of the Huangpu (Pudong). Along Shanghai's eastern shore, the destruction of local wetlands due to the construction of Pudong International Airport has been partially offset by the protection and expansion of a nearby shoal, Jiuduansha , as a nature preserve. Shanghai has a humid subtropical climate ( Köppen : Cfa ), with an average annual temperature of 17.5 °C (63.5 °F) for downtown areas and 16.2–17.2 °C (61.2–63.0 °F) for suburbs. The city experiences four distinct seasons. Winters are temperate to cold and damp—northwesterly winds from Siberia can cause nighttime temperatures to drop below freezing. Each year, there are an average of 4.7 days with snowfall and 1.6 days with snow cover. Summers are hot and humid, and occasional downpours or thunderstorms can be expected. On average, 14.5 days exceed 35 °C (95 °F) annually. In summer and

6045-411: The end of the Song dynasty , the center of trading had moved downstream of the Wusong River to Shanghai. It was upgraded in status from a village to a market town in 1074, and in 1172, a second sea wall was built to stabilize the ocean coastline, supplementing an earlier dike. From the Yuan dynasty in 1292 until Shanghai officially became a municipality in 1927, central Shanghai was administered as

6138-423: The first "modern" free trade zone. The Shannon Zone was started to help the city airport adjust to a radical change in aircraft technology that permitted longer range aircraft to skip previously-required refueling stops in Shannon. It was an attempt by the Irish government to maintain employment around the airport so that the airport would continue to generate revenue for the Irish economy. It was hugely successful and

6231-423: The first Export processing zones in 1988, aiming to fight the unbalances in the country. First EPZ area in operation was located near of the Port of Pecém in Ceará . Companies in these areas are benefited from tax exemptions and incentives at the ICMS Tax (State Value-Added Tax). Some Brazilian states offer other regional incentives. Companies also can take advantage of a Foreign exchange treatment supported by

6324-594: The four municipalities under the direct administration of the Central People's Government , and is divided into 16 county-level districts . Although every district has its own urban core, the city hall and major administrative units are located in Huangpu District, which also serves as a commercial area, including the famous Nanjing Road . Other major commercial areas include Xintiandi and Huaihai Road in Huangpu District, and Xujiahui in Xuhui District . Many universities in Shanghai are located in residential areas in Yangpu District and Putuo District . Seven of

6417-429: The implementation of liberal market economy principles. SEZs are viewed as instruments to enhance the acceptability and the credibility of the transformation policies and to attract domestic and foreign investment. The change in terminology has been driven by the formation of the World Trade Organization (WTO), which prohibits members from offering certain types of fiscal incentives to promote the exports of goods, thus why

6510-909: The import of raw materials or components and the export of factory products, but this is a dated definition as more and more free-trade zones focus on service industries such as software, back-office operations, research, and financial services. Free-trade zones are referred to as "foreign-trade zones" in the United States (Foreign Trade Zones Act of 1934), where FTZs provide customs-related advantages as well as exemptions from state and local inventory taxes. In other countries, they have been called "duty-free export processing zones," "export-free zones," "export processing zones," "free export zones," "free zones," "industrial free zones," "investment promotion zones," "maquiladoras," and "special economic zones". Some were previously called "free ports". Free zones range from specific-purpose manufacturing facilities to areas where legal systems and economic regulation vary from

6603-419: The land area of Shanghai was further expanded to 5,910 km (2,281.9 sq mi) after more surrounding suburban areas in Jiangsu were added: Chongming , Jinshan , Qingpu , Fengxian , Chuansha , and Nanhui . In 1964, the city's administrative divisions were rearranged to 10 urban districts and 10 counties. As the industrial center of China with the most skilled industrial workers, Shanghai became

6696-547: The law that created the EPZ and proximity of Custom authorities with offices inside the EPZ. China has specific rules differentiating an EPZ from a FTZ. For example, 70% of goods in EPZs must be exported, but there is no such quota for FTZs. The world's first-documented free-trade zone was established on the Greek Island of Delos in 166 BCE. It lasted until about 69 BCE when the island

6789-566: The minor boundary modification process. The theory of the ASF is that by more closely linking the amount of FTZ-designated space to the amount of space activated with Customs and Border Protection, Zone users would have better and quicker access to benefits. When an FTZ grantee evaluates whether or not to expand its FTZ project in order to improve the ease in which the Zone may be utilized by existing companies, as well as how it attracts new prospective companies,

6882-727: The most famous architects working in Shanghai was László Hudec , a Hungarian-Slovak who lived in the city between 1918 and 1947. His most notable Art Deco buildings include the Park Hotel , the Grand Cinema , and the Paramount . Other prominent architects who contributed to the Art Deco style are Clement Palmer and Arthur Turner , who together designed the Peace Hotel, the Metropole Hotel , and

6975-454: The normal provisions of the country concerned. Free zones may reduce or eliminate taxes, customs duties, and regulatory requirements for registration of business. Zones around the world often provide special exemptions from normal immigration procedures and foreign investment restrictions as well as other features. Free zones are intended to foster economic activity and employment that could occur elsewhere. An export-processing zone ( EPZ )

7068-440: The provinces of Zhejiang to the south and Jiangsu to the west and north. The municipality's northernmost point is on Chongming Island , which is the second-largest island in mainland China after its expansion during the 20th century. It does not administratively include an exclave of Jiangsu on northern Chongming or the two islands forming Shanghai's Yangshan Port , which are parts of Zhejiang's Shengsi County . Shanghai

7161-897: The refugees in the Shanghai Ghetto was the Mirrer Yeshiva , including its students and faculty. On 3 September 1945, the Chinese Army liberated the Ghetto and most of the Jews left over the next few years. On 27 May 1949, the People's Liberation Army took control of Shanghai through the Shanghai Campaign . Under the new People's Republic of China (PRC), Shanghai was one of only three municipalities not merged into neighboring provinces (the others being Beijing and Tianjin ). Most foreign firms moved their offices from Shanghai to Hong Kong , as part of

7254-563: The rise in cases, the Chinese government locked down the entire city on 5 April. This resulted in widespread food shortages across the city emerged as food-supply chains were severely disrupted by the government's lockdown measures, which were not lifted until 1 June. Shanghai is located on the Yangtze Estuary of China's east coast, with the Yangtze River to the north and Hangzhou Bay to

7347-504: The second-largest foreign community. By 1932, Shanghai had become the world's fifth-largest city and home to 70,000 foreigners. In the 1930s, some 30,000 Jewish refugees from Europe arrived in the city. On 28 January 1932 , Japanese military forces invaded Shanghai while the Chinese resisted. More than 10,000 shops and hundreds of factories and public buildings were destroyed, leaving Zhabei district ruined. About 18,000 civilians were either killed, injured, or declared missing. A ceasefire

7440-457: The south, with the East China Sea to the east. The land is formed by the Yangtze's natural deposition and modern land reclamation projects. As such, it has sandy soil , and skyscrapers have to be built with deep concrete piles to avoid sinking into the soft ground. The provincial-level Municipality of Shanghai administers both the estuary and many of its surrounding islands . It borders

7533-463: The term Export Processing Zone (EPZ) is no longer used with newer zones. For example, India converted all of its EPZs to SEZs in 2000. In 1999, there were 43 million people working in about 3,000 FTZs spanning 116 countries and producing clothes , shoes , sneakers , electronics , and toys . The basic objectives of economic zones are to enhance foreign exchange earnings, develop export-oriented industries, and generate employment opportunities. In

7626-875: The world market for some of the economy's industrial goods, thus generating employment and foreign exchange". Most FTZs are located in developing countries ; Brazil , Colombia , India , Indonesia , El Salvador , China , the Philippines , Malaysia , Bangladesh , Nigeria , Pakistan , Mexico , the Dominican Republic , Costa Rica , Honduras , Guatemala , Kenya , Sri Lanka , Mauritius , and Madagascar all have EPZ programs. In 1997, 93 countries had set up export processing zones, employing 22.5 million people, and five years later, in 2003, EPZs in 116 countries employed 43 million people. In Brazil, 25 Export-Processing Zones have been authorized in 17 states, and 19 of them have been implemented. Brazilian government launched

7719-594: Was a major trading port. Established in 746 (the fifth year of the Tang Tianbao era ), it developed into what was historically called a "giant town of the Southeast," with thirteen temples and seven pagodas. Mi Fu , a scholar and artist of the Song dynasty, served as its mayor. The port experienced thriving trade with provinces along the Yangtze and the Chinese coast, as well as with foreign countries such as Japan and Silla . By

7812-408: Was an early name originating from Lord Chunshen , a 3rd-century BC nobleman and prime minister of the state of Chu , whose fief included modern Shanghai. Shanghai-based sports teams and newspapers often use Shen in their names, such as Shanghai Shenhua and Shen Bao . 华 亭 ( Huátíng / gho-din ) was another early name for Shanghai. In AD 751 during the mid-Tang dynasty, Huating County

7905-759: Was brokered on 5 May. In 1937, the Battle of Shanghai resulted in the occupation of the Chinese-administered parts of Shanghai outside of the International Settlement and the French Concession. People who stayed in the occupied city suffered on a daily basis, experiencing hunger, oppression, or death. The foreign concessions were ultimately occupied by the Japanese on 8 December 1941 and remained occupied until Japan's surrender in 1945; multiple war crimes were committed during that time. A side-effect of

7998-472: Was established by Zhao Juzhen , the governor of Wu Commandery , at modern-day Songjiang, the first county-level administration within modern-day Shanghai. The first five-star hotel in the city was named after Huating. 魔 都 ( Módū / mó-tu , "monster/fiend/magical city"), a contemporary nickname for Shanghai, is widely known among the youth. The name was first mentioned in Japanese novelist Shōfu Muramatsu 's 1924 novel Mato , which portrayed Shanghai as

8091-639: Was founded in 1979 and processes over $ 1 billion in goods with products from more than 65 countries and exported to more than 75 countries worldwide with speed and efficiency. According to the official order from the FTZB, FTZ 32 existing site 1, Miami Free Zone, will be classified as a magnet site. Due to growing business opportunities in the United Arab Emirates (UAE), the UAE government has introduced 'Free Zones' to make it easier for foreigners to invest and operate in

8184-666: Was inhabited 6,000 years ago. During the Spring and Autumn period (approximately 771 to 476 BC), it belonged to the Kingdom of Wu , which was conquered by the Kingdom of Yue , which in turn was conquered by the Kingdom of Chu. During the Warring States period (475 BC), Shanghai was part of the fief of Lord Chunshen of Chu, one of the Four Lords of the Warring States . He ordered the excavation of

8277-599: Was overrun by pirates. The Romans had many civitas libera , or free cities, some of which could coin money, establish their own laws, and not pay an annual tribute to the Roman Emperor . These continued through at least the first millennium CE. In the 12th century, the Hanseatic League began operating in Northern Europe and established trading colonies throughout Europe. These Free Trade Zones included Hamburg and

8370-471: Was separated from Jiangsu on 7 July 1927. This new Chinese municipality covered an area of 494.69 km (191.0 sq mi), including the modern-day districts of Baoshan , Yangpu , Zhabei , Nanshi , and Pudong , but excluded the foreign concessions territories. Headed by a Chinese mayor and municipal council, the new city government's first task—the Greater Shanghai Plan —was to create

8463-569: Was set on 19 January 1893) to 40.9 °C (106 °F) on 21 July 2017 and 13 July 2022 at a weather station in Xujiahui and 2 August 2024 in Minhang District following a record hot night set at 32.1 °C (90 °F) as the highest ever daily minimum temperature at Xujiahui. On 8 August 2013, the weather station at Shanghai Pudong International Airport also observed a high temperature of 41.0 °C (106 °F). The Bund , located by

8556-496: Was the only free trade zone in the country. In 2019, the Council of Ministers cancelled the free-zone, leaving Kuwait without a special economic zone. Aberdeen Group research published in 2013 noted that best-in-class companies make strategic use of free-trade zones as a means of reducing inbound trade costs, shortening import timescales, and optimising the balance of their corporate sourcing and operational activities. Sometimes

8649-491: Was under sea level, so the land appeared to be literally "on the sea." Shanghai is officially abbreviated 沪 ( Hù / wu ) in Chinese , a contraction of 沪渎 ( Hù Dú / wu-doq , " Harpoon Ditch"), a 4th- or 5th-century Jin name for the mouth of Suzhou Creek when it was the main conduit into the ocean. This character appears on all motor vehicle license plates issued in the municipality today. 申 ( Shēn / sén ) or 申 城 ( Shēnchéng / sén-zen , "Shen City")

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