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Shanghai

Municipality and largest city in China

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  • 14 chapters
Huangpu Park is the name of the triangular stretch of green at the northern end of the Bund in Shanghai, the oldest and smallest park of the city.
xiquinhosilva · CC BY 2.0

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Through China, Gross domestic product and European people

Shanghai is a global centre for finance, business, research, science and technology, manufacturing, transportation, tourism, and culture. The Port of Shanghai is the world's busiest container port. As of 2022, the Greater Shanghai metropolitan area was estimated to produce a gross metropolitan product (nominal) of nearly 13 trillion RMB ($1.9 trillion).

Originally a fishing village and market town, Shanghai grew to global prominence in the 19th century due to domestic and foreign trade and its favorable port location. The city was one of five treaty ports forced to open to trade with the Europeans after the First Opium War, with the Shanghai International Settlement and French Concession subsequently established. The city became a primary commercial and financial hub of Asia in the 1930s. During the Second World War, it was the site of the Battle of Shanghai, where it fell under Japanese rule. This was followed by the Chinese Civil War with the Communists taking over the city and most of the mainland. During the Cold War, trade was mostly limited to other socialist countries in the Eastern Bloc, causing the city's global influence to decline.

The reform and opening up supported by Deng Xiaoping led to extensive redevelopment by the 1990s, particularly in the Pudong New Area, spurring the return of finance and foreign investment. The city has re-emerged as a hub for international trade and finance. It is the home of the Shanghai Stock Exchange, the largest stock exchange in the Asia-Pacific by market capitalization and the Shanghai Free-Trade Zone, the first free-trade zone in mainland China. It is ranked eighth globally on the Global Financial Centres Index. 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 the Fortune Global 500—the fourth-highest number of any city. Shanghai is the world's second largest city by scientific outputs and home to several highly ranked universities, including Fudan, Shanghai Jiao Tong and Tongji. The Shanghai Metro, first opened in 1993, is the largest metro network in the world by route length.

Shanghai has been described as a global finance and innovation hub, and it is one of the ten biggest economic hubs in the world. Featuring several architectural styles such as Art Deco and shikumen, the city contains the Lujiazui skyline, and museums and historic buildings such as the City God Temple, Yu Garden, the China Pavilion and buildings along the Bund. Shanghai is known for its cuisine, local language, and cosmopolitan culture. It ranks sixth in the list of cities with the most skyscrapers.

Etymology

The two Chinese characters in the city's name are 上 (Pinyin: shàng; Wugniu: zaon, "upon") and 海 (hǎi; he, "sea"), together meaning "On the Sea". The earliest occurrence of this name is the 11th-century Song dynasty, when there was a river confluence and a town with this name in 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 a fishing village. In 1280 it was renamed "Shanghai", which translates to "Above the Sea". The name's interpretation was disputed, but Chinese historians concluded that during the Tang dynasty, the area of modern-day Shanghai was under sea level, so the land appeared to be "on the sea". The name was also used to refer to Shanghai county (上海县; 上海縣; Shànghǎi Xiàn; zaon-he-yoe), which today has been reorganised into Minhang district.

Shanghai is officially abbreviated 沪 (Traditional: 滬, Hù; wu) in Chinese, a contraction of 沪渎 (滬瀆, Hù Dú; wu-doq, "Fishing Weir 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 motor vehicle license plates issued in the municipality.

Alternative names

申 (Shēn; sén) or 申城 (Shēnchéng; sén-zen, "Shen City") 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. 华亭 (華亭, Huátíng; gho-din) was another early name for Shanghai. In AD 751, Huating County was established as the first county-level administration within modern-day Shanghai by Zhao Juzhen, the governor of Wu Commandery.

魔都 (Módū; mo-tú, "monster/fiend/magical city"), is a contemporary nickname for Shanghai. The name was first mentioned in Mato (1924) by Japanese novelist Shōfu Muramatsu. The city has various English nicknames 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".

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