History of Shanghai

Historic Transformation

Shanghai has undergone a historic transformation since its liberation on May 27, 1949. In the past more than 50 years, the city has seen marked progress in its economic and social development. Particularly, since the Chinese government adopted the reform and opening policy in 1978, Shanghai has made outstanding achievements in building itself into a megalopolis. Today, Shanghai has become one of the largest economic centers in China. Now, the city is striving to turn itself into one of the economic, financial, trade and shipping centers in the world. It also aims to lead the country in transforming the economic growth mode, enhancing innovative ability, pushing forward the reform and opening, and building a socialist harmonious society.By 2020, shanghai will be built into an international financial and shipping center.

Historic Transformation