Starting a business in china
Shanghai (Chinese: 上海, pinyin: Shànghǎi) is the largest city in China in terms of population and one of the largest metropolitan areas in the world, with over 20 million people. Located on China's central eastern coast near the mouth of the Yangtze River, the city is administered as a municipality with province-level status.
Originally a fishing and textiles town, Shanghai grew to importance in the 19th century due to its favourable port location and as one of the cities opened to foreign trade by the 1842 Treaty of Nanking. The city flourished as a center of commerce between east and west, and became a multinational hub of finance and business by the 1930s. Shanghai's prosperity was interrupted after the 1949 Communist takeover and the subsequent cessation of foreign investment. Economic reforms in 1990 have resulted in intense development and financing, and in 2005 Shanghai became the world's busiest cargo port.
The city is an emerging tourist destination renowned for its historical landmarks such as the Bund and Xintiandi, its modern and ever-expanding Pudong skyline including the Oriental Pearl Tower, the Jin Mao and the SWFC,and its new reputation as a center of culture and design. Today, Shanghai is mainland China's center for commerce and finance, and has been described as the "showpiece" of the world's fastest-growing economy. The population of Shanghai has more than doubled in the past twenty years, making Shanghai one of the fastest growing cities anywhere in the world.
Etymology
The two Chinese characters in the name "Shanghai", (上, shàng; and 海, hǎi) literally mean "up, on, or above" and "sea", respectively, evident of Shanghai's location next to the East China Sea. The earliest occurrence of this name dates from the Song Dynasty (11th century), at which time there was already a river confluence and a town with this name in the area. There are disputes as to how the name should be interpreted, but official local histories have consistently said that it means "the upper reaches of the sea". Due to the changing coastline, Chinese historians have concluded that in the Tang Dynasty Shanghai was literally on the sea, hence the origin of the name. However, another reading, especially in Mandarin, also suggests the sense of "go onto the sea," which is consistent with the seaport status of the city. A more poetic name for Shanghai switches the order of the two characters, Hǎishàng (海上), and is often used for terms related to Shanghainese art and culture.
Shanghai is commonly abbreviated in Chinese as Hù (沪). The single character Hu (沪) appears on all motor vehicle license plates issued in Shanghai today. This is derived from Hu Du (沪渎), the name of an ancient fishing village that once stood at the confluence of Suzhou Creek and the Huangpu River back in the Tang Dynasty. The character Hu is often combined with that for Song, as in Wusong Kou, Wu Song River, and Songjiang to form the nickname Song Hu. For example, the Japanese attack on Shanghai in August 1937 is commonly called the Song Hu Battle. Another early name for Shanghai was Hua Ting, now the name of a four star hotel in the city. One other commonly used nickname Shēn (申) is derived from the name of Chunshen Jun (春申君), a nobleman and locally-revered hero of the Chu Kingdom in the 3rd century BC whose territory included the Shanghai area. Sports teams and newspapers in Shanghai often use the character Shēn (申) in their names. Shanghai is also commonly called Shēnchéng (申城, "City of Shēn"). The city has also had various nicknames in English, including "Paris of the East" and "Whore of the Orient".
History
During the Song Dynasty (AD 960–1279) Shanghai was upgraded in status from a village (cun) to a market town (zhen) in 1074, and in 1172 a second sea wall was built to stabilize the ocean coastline, supplementing an earlier dike. From the Yuan Dynasty in 1292 until Shanghai officially became a city for the first time in 1297, the area was designated merely as a county (xian) administered by the Songjiang (松江) Prefecture (Songjiang Fu).
Two important events helped promote Shanghai's development in the Ming Dynasty. A city wall was built for the first time during in 1554, in order to protect the town from raids by Wokou (Japanese pirates). It measured 10 meters high and 5 kilometers in circumference. During the Wanli reign (1573-1620), Shanghai received an important psychological boost from the erection of a City God Temple (Cheng Huang Miao) in 1602. This honor was usually reserved for places with the status of a city, such as a prefectural capital (fu), and was not normally given to a mere county town (zhen) like Shanghai. The honor was probably a reflection of the town's economic importance, as opposed to its low political status.
During the Qing Dynasty, Shanghai became the most important sea port in the whole Yangtze Delta region. This was a result of two important central government policy changes. First of all, Emperor Kangxi (1662-1723) in 1684 reversed the previous Ming Dynasty prohibition on ocean going vessels, a ban that had been in force since 1525. Secondly, Emperor Yongzheng in 1732 moved the customs office (hai guan) for Jiangsu province from the prefectural capital of Songjiang city to Shanghai, and gave Shanghai exclusive control over customs collections for the foreign trade of all Jiangsu province. As a result of these two critical decisions, Professor Linda Cooke Johnson has concluded that by 1735 Shanghai had become the major trade port for all of the lower Yangzi River region, despite still being at the lowest administrative level in the political hierarchy.
The importance of Shanghai grew radically in the 19th century, as the city's strategic position at the mouth of the Yangtze River made it an ideal location for trade with the West. During the First Opium War in the early 19th century, British forces temporarily held Shanghai. The war ended with the 1842 Treaty of Nanjing, which saw the treaty ports, Shanghai included, opened for international trade. The Treaty of the Bogue signed in 1843, and the Sino-American Treaty of Wangsia signed in 1844 together saw foreign nations achieve extraterritoriality on Chinese soil, the start of the foreign concessions.
1854 saw the first meeting of the Shanghai Municipal Council, created in order to manage the foreign settlements. In 1863, the British settlement, located to the south of Suzhou creek (Huangpu district), and the American settlement, to the north of Suzhou creek (Hongkou district), joined in order to form the International Settlement. The French opted out of the Shanghai Municipal Council, and maintained its own French Concession, located to the south of the International Settlement, which still exists today as a popular attraction. Citizens of many countries and all continents came to Shanghai to live and work during the ensuing decades; those who stayed for long periods — some for generations — called themselves "Shanghailanders". In the 1920s and 1930s, almost 20,000 so-called White Russians and Russian Jews fled the newly-established Soviet Union and took up residence in Shanghai. These Shanghai Russians constituted the second-largest foreign community.
The Sino-Japanese War concluded with the Treaty of Shimonoseki, which saw Japan emerge as an additional foreign power in Shanghai. Japan built the first factories in Shanghai, which were soon copied by other foreign powers to effect the emergence of Shanghai industry. Shanghai was then the most important financial center in the Far East.
Under the Republic of China (1911-1949), Shanghai's political status was finally raised to that of a municipality on July 14, 1927. Although the territory of the foreign concessions was excluded from their control, this new Chinese municipality still covered an area of 828.8 square kilometers, including the modern-day districts of Baoshan, Yangpu, Zhabei, Nanshi, and Pudong. Headed by a Chinese mayor and municipal council, the new city governments first task was to create a new city center in Jiangwan town of Yangpu district, outside the boundaries of the foreign concessions. This new city center was planned to include a public museum, library, sports stadium, and city hall.
The Imperial Japanese Navy Air Service bombed Shanghai on 28 January 1932, nominally in an effort to crush down Chinese student protests of the Manchurian Incident and the subsequent Japanese occupation of northeast China. The Chinese fought back in what was known as the January 28 Incident. The two sides fought to a standstill and a ceasefire was brokered in May. The Battle of Shanghai in 1937 resulted in the occupation of the Chinese administered parts of Shanghai outside of the International Settlement and the French Concession. The International Settlement was occupied by the Japanese on 8 December 1941 and remained occupied until Japan's surrender in
Starting a business in china
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