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ably located and this has made it to serve as China’s largest trading ports and gateways from the mid-19th century after the aftermath of the Opium war. The city occupies an area of 6,340 km². The development of Shanghai comes from its several economic bases. It has made a rapid and sustained economic growth and development since the late 1970s when China began its economic reforms (Couling 2000).
Shanghai has changed demographically with the population rising from fourteen million three hundred and fifty thousand people in the year 2000 according to United Nations statistical data but currently is has a population of over twenty three million as of 2010. The Gross Domestic Product of Shanghai during 1978-2000, attained was 6.5 times an increase and reached 48.749 U.S. dollars accompanied by a yearly growth rate of 9.5%. The city has shifted from an industrial and commercial city into a national economic center. The proportion in Shanghai’s G.D.P has been raised because of the rapid and faster development in various infrastructural sectors such as transport, insurance, real estate, banking, and trade. This has been facilitated by the rapid development of finance, insurance, trade, transportation, communications, and other types of the tertiary industries from 30 percent to 50 percent within a span of 10 years (Sheng 2002).
Shanghai and Macau are related commercially in various infrastructural facilities. The common factor that keeps the relationship is the relatively cheap air transport. This facilitates quick business between the locals of the two cities. With increased business there is increase in the Gross Domestic Product of the two economies ( Peter 2002).
Shanghai – Taiwan relationship was meant to deepen market-oriented reforms and boosting economic vitality and coexistence between the two cities. Taiwan and Shanghai have proposals, which cover cross-Strait cooperation in technology, finance, agriculture, education, tourism, as well as insurance.
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The initial foundation of the city was around the tenth century, near the Suzhou. The city had a small population of about 12,000 people predominantly agriculturalists (O’Sullivan, 2008). After conquering of Kaifeng, Shanghai became home to many refugees, the population of the city growing to 250,000.
This paper looks into a comparison of the system used in the United Kingdom (UK), if it has a Chinese influence, and how it is similar or different from the framework utilized in China. Implications of the Chinese education system and current state are also presented, as well the integration of both UK and China education systems.
Why Shanghai Free trade zone is a threat to Hong Kong. Name: Instructor: Shanghai was China’s main financial hub before 1949. Foreign trade started in Shanghai in 1841, and it established itself into the most affluent financial centre in Asia by 1930. In the 1930s, Shanghai boosted of 33 foreign banks, 24 state banks, over 200 money lenders and other financial institutions (Knight & Ding, 2012).
The central theme of the article is an attempt to classify and categorize the city from the view point of history, globalization, and internationalization and to examine the divergence the city of the 20th century with that of the earlier
Stable political system and reliable resources are other factors that have made Shanghai a suitable participant in international trade. International trade has brought about many positive changes in the city