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Editor's Note Shanghai’s Lujiazui Finance District, alongside the Huangpu River, facing the Bund, has become the city’s financial core and has been a witness to the boom in China’s financial sector since the first development of Pudong New District back in 1990. It holds the headquarters of major financial institutions from China and abroad and is one of the city’s most famous landmarks. It is also the vibrant central business area of the Pudong district, and is on its way to becoming a world-class business district, driving China’s financial markets and reforms. Till now, Lujiazui's administration has issued several favorable policies and regulations on promoting its financial reform, mapping out a prosperous financial market roadmap. |
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........................................Financial Reform........................................
Shanghai Tower gets finishing touch The final steel beam was installed on Shanghai's tallest building on Aug 3, with the skyscraper reaching is designed height of 632 meters. [More] Pudong to build ’venture capital investment center’ Shanghai’s municipal government released a rule on accelerating the development of venture capital (VC) investments. [More] |
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Building a bridge to financial future The China Securities Regulatory Commission's decision to permit stock market access between the mainland and Hong Kong is likely to have a far-reaching impact on the Shanghai and Hong Kong bourses. Under the proposed plan, investors from the Chinese mainland and Hong Kong can freely invest in stocks listed in the reciprocal city. [More] Timetable set for Shanghai-HK Stock Connect China's securities regulator announced on Friday more plans for the pilot program to connect the Shanghai and Hong Kong stock markets. [More] |
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........................................Transportation and Infrastructure........................................
Pudong eyes favorable policies for industrial cluster Shanghai’s administration approved the Several Opinions on Promoting the Internet Finance Industry on July 21. [More] |
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Shanghai's Pudong airport getting a high-speed railway line Pudong International Airport will get a railway link, which also connects the Disneyland in Pudong. [More]? Single-day passenger flow sets record at Pudong Airport Shanghai Pudong International Airport witnessed a passenger flow of 100,000 on July 13, setting a record for a single-day's passenger numbers since the airport opened, and also the highest passenger throughput in all of China's airports. [More] |
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........................................Society and Welfare........................................
Pudong launches pilot project for remote video hearings The Supreme People's Court and Supreme People's Procuratorate plan to launch a pilot project of using remote video links for judicial hearings in 18 cities.[More] |
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World's biggest Disney store to open in Lujiazui in 2015 Construction on the world's biggest Disney flagship store started in Lujiazui. [More] Pudong Cultural Center hosts art lectures The cultural center of Pudong New district in Shanghai is hosting a touring event of art lectures in five streets in the Lujiazui area, benefiting more than 2,000 residents there. [More] |