Shanghai 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,the Greater Shanghai metropolitan area was estimated to produce a gross metropolitan product (nominal) of nearly 13 trillion RMB. 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.
Shanghai Hongqiao International Airport is one of two international airports of Shanghai,the largest city by population in China,and a significant airline hub of the country. Hongqiao Airport mainly serves domestic and regional flights,although the airport also serves selected international flights. The airport is located near the town of Hongqiao in the outskirts of Changning and Minhang districts,13 kilometres (8.1 mi) west of downtown,and is closer to the city center than the area's primary international airport,Shanghai–Pudong.
The Bank of China is a state-owned Chinese multinational banking and financial services corporation headquartered in Beijing,China. It is one of the "big four" banks in China. As of 31 December 2019,it was the second-largest lender in China overall and ninth-largest bank in the world by market capitalization value,and it is considered a systemically important bank by the Financial Stability Board. As of the end of 2020,it was the fourth-largest bank in the world in terms of total assets,ranked after the other three Chinese banks.
Pudong is a district of Shanghai located east of the Huangpu,the river which flows through central Shanghai. The name Pudong was originally applied to the Huangpu's east bank,directly across from the west bank or Puxi,the historic city center. It now refers to the broader Pudong New Area,a state-level new area which extends all the way to the East China Sea.
The Industrial and Commercial Bank of China is a Chinese state-owned multinational banking and financial services corporation headquartered in Beijing,China. It is the largest of the "big four" banks in China,and the largest bank in the world by total assets. ICBC was created on 1 January 1984 from what were then the commercial banking operations of the People's Bank of China. ICBC is majority-owned by the Chinese government and has remained so after its landmark initial public offering in 2006. As of end-2021,ICBC shareholders included Central Huijin Investment,the Chinese Ministry of Finance,the National Council for Social Security Fund,adding up to 69.3 percent under the ultimate control of the Ministry of Finance.
Kasikornbank,often stylised as KBank and formerly known as the Thai Farmers Bank, is a banking group in Thailand. KBank was established on 8 June 1945 by Choti Lamsam,with registered capital of five million baht. It has been listed on the Stock Exchange of Thailand since 1976. On 8 April 2003,Thai Farmers Bank PCL changed its English name to Kasikornbank PCL.
China Baowu Steel Group Corp.,Ltd.,commonly known as Baowu,is a state-owned iron and steel company headquartered in the Baosteel Tower in Pudong,Shanghai,China. The company was formed by Baosteel Group absorbing its smaller state-owned peer,Wuhan Iron and Steel Corporation in 2016. It is the world's largest steel producer.
In justifying opening up and the series of economic reforms that ensued in China,Deng Xiaoping referred to Karl Marx and his theories,which predicted that nations need to undergo urbanization and a stage of capitalism for a natural socialist transition. One of the most influential reforms under Deng was establishing four special economic zones (SEZ) along the Southeastern coast of China,with Shenzhen,Shantou,and Zhuhai located in Guangdong province and Xiamen located in Fujian province. The four aforementioned special economic zones were all established from 1980 to 1981. As of 2024,there have been 3 additional special economic zones. In 1988,Hainan became the fifth SEZ. In 1990,Pudong district in Shanghai became the sixth "SEZ". In 2009,Binhai district in Tianjin became the seventh SEZ. Special economic zones in mainland China are granted more market-oriented economic policies and flexible governmental measures by the government of China.
Suparna Airlines,known in Chinese as Jinpeng,is an airline based in China. Originally an all-cargo airline,it was formerly known as Yangtze River Express and later Yangtze River Airlines after launching passenger services. The company's headquarters are in Shanghai Pudong Development Bank Tower in Pudong,Shanghai.
UnionPay,also known as China UnionPay or by its abbreviation,CUP or UPI internationally,is a Chinese state-owned financial services corporation headquartered in Shanghai,China. It provides bank card services and a major card scheme in mainland China. Founded on 26 March 2002,China UnionPay is an association for China's banking card industry,operating under the approval of the People's Bank of China. It is also an electronic funds transfer at point of sale (EFTPOS) network,and the only interbank network in China that links all the automatic teller machine (ATMs) of all banks throughout the country. UnionPay cards can be used in 181 countries and regions around the world.
Axis Bank Limited,formerly known as UTI Bank (1993–2007),is an Indian multinational banking and financial services company headquartered in Mumbai,Maharashtra. It is India's third largest private sector bank by assets and fourth largest by market capitalisation. It sells financial services to large and mid-size companies,SMEs and retail businesses.
Zhuang Xiaotian was a Chinese politician and senior banker. He was the first President of the Shanghai Pudong Development Bank.
The modern buildings on Zhongshan Square in Dalian refer to the buildings on Zhongshan Square in Dalian,Liaoning Province,China,built mostly in the first half of the twentieth century,during which time Dalian was Japan's leased territory.
China Orient Asset Management Co.,Ltd. is a Chinese state-owned enterprise. The company is an asset management company and a merchant bank originated as a bad bank for the Bank of China. The bank received shares from debt-to-equity swap of non-performing loans.
Shanghai Shentong Metro Group Co.,Ltd. known as Shentong Metro Group is the operator of Shanghai Metro and Shanghai Maglev Train,as well as the parent company of the listed company Shanghai Shentong Metro Co.,Ltd. It is currently responsible for the operation of Shanghai Metro. This includes investment,financing and operation management,and owns most of the assets of Shanghai Metro. The name is derived from Shen is the alternative name of Shanghai,while Tong literally means transportation.
Zhu Yuchen,also known as Eugene Zhu,is a Chinese business executive and one of the explorers and founders of the Chinese futures market. He is the former CEO of Dalian Commodity Exchange (DCE) and China Financial Futures Exchange (CFFEX). He is also the former chairman of the China Futures Association (CFA).
On June 28,2018,in the Xuhui District of Shanghai,China,three boys and a female parent were stabbed with a knife near the gate of the West Campus of the Shanghai World Foreign Language Primary School at Pubei Road,Shanghai. Two boys who attended died,and another student and parent were injured. The suspect,Huang Yichuan,was arrested by the Procuratorate the next day.
The 2003–2009 Chinese football match-fixing scandals were revealed by a large-scale 2009–2013 investigation of football betting,bribery and match-fixing. The scandals were first made public in October 2009. Instead of being led by General Administration of Sport of China or Chinese Football Association like previous investigations,this investigation was led by the Ministry of Public Security. Xie Yalong,Nan Yong and Yang Yimin,who are all former vice presidents of Chinese Football Association,along with Zhang Jianqiang and some other CFA officials were arrested and removed from their posts. Shanghai Shenhua was stripped of their 2003 Chinese Jia-A League title. Lu Jun,the only Chinese referee in the history of FIFA World Cup,and China national football team players Shen Si,Jiang Jin,Qi Hong and Li Ming were arrested and sentenced to 5.5 years or 6 years in jail.
The China Foreign Exchange Trade System,also known as National Interbank Funding Center,is a financial market infrastructure and electronic trading platform in China,established in 1994 under the People's Bank of China (PBoC) and established in Shanghai. It provides a major trading platform and pricing center for renminbi and foreign exchange-related products. CFETS is the trading platform of the China Interbank Bond Market and participates in China's policy of internationalization of the renminbi. It is supervised by the PBoC.
