TwoyearsafterBeijingsuccessfullyhostedthe2008SummerOlympics,Shanghai,theotherChineseinternationalmetropolis,heldtheExpo2010withgreatsuccess.Itfulfilledthecentury-cherisheddreamoftheChinesepeopletoenjoythe"WorldExpo"attheirdoorsteps.
Inamere30years,"Lujiazui,"adesertedlandformedbyabendintheriver,hasgrownintoagloballyrenownedfinancialhubfulloftoweringskyscrapersablazewithlights.
Fiveyearsago,theChina(Shanghai)PilotFreeTradeZone(FTZ)wasestablishedinPudong.
AccordingtostatisticsreleasedbytheMinistryofCommerce,asoftheendofJune2018,56,000newenterpriseswereestablishedinthePilotFTZ,1.5timesthenumberofnewlyestablishedenterprisesinthesameregionduringthepast20years.
Morethan10,000foreign-fundedenterpriseswerenewlyestablished,accountingfor20percentofthetotalnumberofenterprises,upfrom5percentattheinceptionoftheFTZ.Theaccumulativetotalforeigninvestmentreached23billionUSdollars.
ThechoiceoftheCIIElocationcanbedescribedas"amatterofcourse,"sinceShanghaiisequippedwiththeeconomicstrength,organizationalcapabilities,humanisticheritage,andinfrastructureconditionstoaccomplishsuchanimportanttask.
Coincidentally,Hongqiaowasalsoanordinarytownatthejunctionofthefourdistrictswithvastfarmlandsofgreenseedlingsofcerealcrops.ItisexpectedthattheCIIEwouldsurelypromotetheinfrastructureofthisareaandperhapscreateanotherdevelopment"miracle"justlikePudong.
WhiledevotingtothepreparationfortheWorldExpoin2009,Shanghaitookintoconsiderationitsdevelopmentinthe"post-WorldExpoera"andintensivelyplannedanotherregionallayoutthatmighthaveafarther-reachingimpact.
InJulyofthatyear,ShanghaiannouncedtheestablishmentoftheHongqiaoBusinessDistrictAdministrationCommittee.AregionintegratingfourdistrictsofMinhang,Changning,JiadingandQingpuandcovering86squarekilometerswasidentifiedasanewbusinessdistrictfacingtheYangtzeRiverDeltaandservingthewholecountry.
TheauthorisanassistantprofessoratChinaInstitute,FudanUniversity.