Quick Facts about Shanghai
Some Quick Facts About Shanghai:Shanghai is the largest city of China. It is also one of the first tier cities
of world
that are important and have a leading role in social activities such as global politics and economy. Shanghai is
the
largest consumer market among all mainland cities, supported by the rising income level and large inflow of
tourists.
In 2017, 69.2% of Shanghai’s GDP was attributed to services industries. The largest industry was financial
services.
Shanghai is China’s financial centre. In 2005, the People’s Bank of China founded its Shanghai headquarters,
pushing the
city a solid step forward toward becoming one of the world’s financial centers. By the end of 2017, there were
1,491
financial institutions, including banks, insurance companies and securities companies, of which 251 were
foreign-invested.
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