Room for growth

The Hongqiao district in Shanghai’s western sector is fast developing as an international business and transportation hub, reports Tamsin Cocks

Downtown Shanghai is a fascinating spectacle – two time-warped cityscapes divided by the snaking Huangpu River. On the west bank, The Bund’s magnificent colonial architecture forms an impressive façade to Puxi, the historic and cultural centre, while across the river futuristic skyscrapers signal the gleaming new metropolis of Pudong. The younger eastern district has captured the lion’s share of modern business activity, thanks to key infrastructure and financial institutions such as Shanghai Pudong International Airport, the Lujiazui Finance and Trade Zone and two of three Shanghai Stock Exchanges, plus international facilities including the Shanghai World Expo Exhibition and Convention Centre. But the landscape is set to shift again as a new CBD starts to emerge. Back in 2009, the government began planting seeds for a new international business hub to ease the…

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Business Traveller Asia-Pacific Edition (Digital) - 1 Issue, May 2017

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