Shanghai

: Alternate meanings: See Shanghai (disambiguation)

Economy and demographics

Shanghai is the financial and trade center of China. It began economic reforms in 1992, a decade later than many of the Southern Chinese provinces. Prior to then, much of the city revenue went directly to the capital, Beijing, with little return. Even with a decreased tax burden after 1992, Shanghai's tax contribution to the central government is around 20-25% of the national total (Shanghai's annual tax burden pre-1990s was on average 70% of the national). Shanghai today is the biggest and most developed city in mainland China.

Related Topics:
1992 - Beijing - Mainland China

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The 2000 census put the population of Shanghai Municipality to 16.738 million, including the floating population, which made up 3.871 million. Since the 1990 census the total population has increased by 3.396 million, or 25.5%. Males accounted for 51.4%, females for 48.6% of the population. 12.2% were in the age group of 0-14, 76.3% between 15 and 64 and 11.5% were older than 65. 5.4% of the inhabitants were illiterate. As of 2003, the official registered population is 13.42 million; however, more than 5 million more people work and live in Shanghai undocumented, and of the 5 million, some 4 million belong to the floating population of temporary migrant workers. The average life expectancy in 2003 was 79.80 years, 77.78 for men and 81.81 for women.

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Shanghai and Hong Kong have had a recent rivalry over which city is to be the economic center of China. The city had a GDP of ¥46,586 (ca. US$ 5,620) per capita in 2003, ranked no. 13 among all 659 Chinese cities. Hong Kong has the advantage of a stronger legal system and greater banking and service expertise. Shanghai has stronger links to both the Chinese interior and the central government, in addition to a stronger base in manufacturing and technology. Since the handover of Hong Kong to the PRC in 1997, Shanghai has increased its role in finance, banking, and as a major destination for corporate headquarters, fueling demand for a highly educated and modernized workforce. Shanghai's economy is steadily growing at 11% and for 2004 the forecast is 14%.

Related Topics:
Hong Kong - GDP - 1997

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Shanghai is increasingly a critical center of communication with the western world, examples include the opening of the Pac-Med Medical Exchange in June of 2004. Pac-Med is a clearinghouse of medical data and a link between the Chinese and westernized medical infrastructures. In medicine and other humanitarian fields, China is actively seeking input of first world nations to improve statistical living conditions and trade status. Arguments for and against modern Chinese leadership question the genuine influence the influx of western culture and medicine will have on the internal Chinese populus outside the densely populated, oft visited financial and cultural urban centers. The Pudong district of Shanghai contains purposefully westernized streets (European/American 'feeling' districts) in close proximity to major international trade and hospitality zones. Western visitors to Shanghai are greeted with free public parks, manicured to startling perfection in distinct contrast to the massive industrial installations which reveal China's emerging environmental concerns. For a densely populated urban center and international point of trade, Shanghai is generally noticeably free of crime against its visitors; Shanghai's international diversity is perhaps the world's foremost window into the rich, historic and complex society of today's China.

Related Topics:
Pac-Med Medical Exchange - Emerging environmental concerns

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