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Megacity Shanghai - An Urban Transformation of the World's Financial Capital from the Limit of Decline

By: Gupta, Maheshwari.
Publisher: Mumbai The Indian Institute of Architects 2019Edition: Vol.84(4), April.Description: 41-46p.Subject(s): ARCHITECTURE GENERAL (AR-GEN)Online resources: Click here In: Journal of the Indian institute of architectsSummary: Shanghai is known for its charm and unique 'East meets West' culture. Shanghai Master Plan (2017-2035) aims to plan a Shanghai where residents of all ages may enjoy their lives and lead a healthy lifestyle. The focus is to offers a city where buildings are enlightening, streets are strolling-friendly and parks are enjoyable, while the citizens have the reputation of being law-abiding, credible and well-mannered. Shanghai, a city endowed with tenderness.In this age where urban development is advancing so swiftly, improvements in city governing and administrative systems trying to match actual development and construction speeds. Shanghai has become global financial centre, so while strengthening its competitiveness, it is also trying to solve few issues like redeveloping the old parts of the city, improving the quality of life for average income Shanghai citizens, increasing education and healthcare resources and other areas that are the city's debts due to historical reasons. In order to balance various aspects of global financial capital it is continuously working on efficient economic growth. In seeking long- term development, Shanghai's position as a global financial centre must be secured, and it must continually attract and retain a large pool of human capital. Owning one of the longest bridge, tallest tower, grandest event etc. also attracts people from around the world and adds to the economy. So this study will focus on the evolution of Shanghai from a being a colonial territory to a developed city.
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Shanghai is known for its charm and unique 'East meets West' culture. Shanghai Master Plan (2017-2035) aims to plan a Shanghai where residents of all ages may enjoy their lives and lead a healthy lifestyle. The focus is to offers a city where buildings are enlightening, streets are strolling-friendly and parks are enjoyable, while the citizens have the reputation of being law-abiding, credible and well-mannered. Shanghai, a city endowed with tenderness.In this age where urban development is advancing so swiftly, improvements in city governing and administrative systems trying to match actual development and construction speeds. Shanghai has become global financial centre, so while strengthening its competitiveness, it is also trying to solve few issues like redeveloping the old parts of the city, improving the quality of life for average income Shanghai citizens, increasing education and healthcare resources and other areas that are the city's debts due to historical reasons. In order to balance various aspects of global financial capital it is continuously working on efficient economic growth. In seeking long- term development, Shanghai's position as a global financial centre must be secured, and it must continually attract and retain a large pool of human capital. Owning one of the longest bridge, tallest tower, grandest event etc. also attracts people from around the world and adds to the economy. So this study will focus on the evolution of Shanghai from a being a colonial territory to a developed city.

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