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China today is one of the world’s largest, fastest growing and most influential
economies. At the center of this rapidly developing economy, is the city of
Shanghai which is the largest city in China. In fact the populous city of
Shanghai, which is home to more than 20 million people, is the epicenter of trade
and finance in China. This vibrant and exciting city which is located at the mouth
of the great Yangtze River is also one of the busiest cargo ports in the world which
in terms of container traffic is the second to only Singapore, the busiest port
in the world.
Since the introduction of economic reforms in China in the early 1980’s, Shanghai
has grown at a blistering pace and the city which straddles both sides of the Huangpu
River is toady a vast, modern metropolis whose skyline is littered with towering
skyscrapers. Shanghai is the financial hub of China and it is home to one of the
fastest growing stock exchanges in the world, the Shanghai Stock Exchange.Apart
from being a financial hub, Shanghai is also a major destination for the headquarters
of several multinational corporations who have a presence on the Chinese mainland
and the rest of Asia. It is estimated that more than 100 western companies like
General Motors, McDonald’s, and FedEx have their Asia Pacific headquarters in Shanghai,
a city which was once known as ‘the Pearl of the Orient’.
Shanghai’s main business district is located within a special economic zone called
the Pudong New Area located which on the east bank of the Huangpu River. Pudong
faces the Puxi area or old Shanghai which is located on the west bank of the Huangpu
River. Puxi is home to the Bund which is the most popular tourist attraction in
Shanghai populated as it with several historic buildings. The Pudong New Area characterizes
the ambition of ‘New China’ as it has within its environs the Lujiazui Finance and
Trade Zone and the Shanghai Stock Exchange. Pudong’s brash, show-off skyline features
several towering sky-scrapers like the oddly shaped Oriental Pearl Tower, the 88
storey Jin Mao Building which hosts the Grand Hyatt hotel, the 101 storey tall Shanghai
World Financial Center which hosts the world’s highest hotel, the Park Hyatt Shanghai
and the soon-to-be-completed Shanghai Tower which is expected to top 632 meters
when it opens in 2014.
Aside from the Pudong New Area, Shanghai has within its boundaries numerous industrial
zones like the Shanghai Hongqiao Economic and Technological Development Zone, the
Jinqiao Export Economic Processing Zone, the Minhang Economic and Technological
Development Zone, and Shanghai Caohejing High and New Technological Development
Zone. All this frenzied business activity has made Shanghai an extremely important
destination on the business traveler’s map as CEOs, entrepreneurs, celebrity chefs
and businessmen of all types head to China in order to access the vast Chinese domestic
market and to avail of its large manufacturing base. This business travel traffic
is only bound to increase over the next year when Shanghai hosts the World Expo
2010 from the 1st of May to the 31st of October 2010.
To cater to this year round business travel traffic, Shanghai is equipped with two
international airports, the Pudong and the Hongquio, though only the Pudong airport
is used for international flights while the older Hongquio caters to largely to
domestic traffic. Hectic construction activity during recent years has also furnished
the city with numerous luxury hotels whose rooms are kitted out with the expected
modern conveniences like in-room Wi-Fi, flat-screen TV screens and rainforest showerheads
apart from several other luxuries like rooftop bars, Jacuzzis, tai-chi courtyards
and all pampering day-spas. Almost all the world’s leading hotel chains have a presence
in Shanghai like the Grand Hyatt, the Shangri La, the St Regis, the Westin and the
Portman Ritz Carlton and they are soon to be joined by other popular chains like
the W Hotels, Banyan Tree and The Waldorf-Astoria.
If your company like several US companies already has a presence in China or if
your company would like to gain access to the burgeoning Chinese domestic market,
you or your colleagues will need to make frequent business trips to this dynamic
and exuberant city. Traveling to Shanghai from the US can be a complicated affair
which often involves a long haul flight with connections and long term or short
term business hotel stays and you might want to consider using the efficient, cost-effective
services of the New York based travel management company, Fare Buzz
Fare Buzz has an exclusive relationship with over 60 domestic and international
airlines and through this special relationship; it can procure much needed business
class tickets which are an essential requirement for long haul business travel at
substantial discounts. It is worth mentioning that these cheap business class airline
tickets come with all the perks that are normally associated with regular business
class tickets like mileage accrual and pre-assigned seats. Further the team at Fare
Buzz is made up of experienced and knowledgeable travel consultants who are on hand
seven days a week to help you find the best airline business class fares and hotel
deals for your business travel to Shanghai. So if you are planning to align with
the world’s fastest growing economy anytime soon do make it a point to call team
at Fare Buzz at 1-888-808-4123 to chalk out your oriental odyssey.
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