Sunday, May 5, 2019

Brief Introduction To Lujiazui Finance and Trade Zone

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[Photo provided to chinadaily.com.cn]
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[Photo provided to chinadaily.com.cn]
It lies directly across the river from the Bund—the old financial and business district of Shanghai—just south of the confluence of Suzhou Creek and the Huangpu River. 
Location
The entire financial and trade zone covers an area of 31.78 square kilometers containing more than 100 buildings and skyscrapers. As the only national-level development zone named "Finance and Trade" in China, it is also the core functional area of Shanghai’s International Financial Center.
Lujiazui is adjacent to the Jinqiao Development Zone and Zhangjiang Hi-Tech Park, and the Sanlin Expo area. It enjoys unique geographical advantages and a broad development space. The neighboring Pudong International Airport connects it with countries and regions around the world. Lujiazui is also connected to the Waigaoqiao Port Area, opening it to many important port cities around the world. 
Key Industries
1- Headquarters and operation centers of international financial institutions.
2- Financial leasing and asset management
3- Marine finance, consultation, maritime law and arbitration and international ship management.
4- Factor market for trade and commerce.
5- Art, performance and exhibition industries
Financial Service
The Lujiazui Finance and Trade Zone is home to more than 750 licensed financial institutions, about 60% of the city. The zone boasts more than 12 factor markets for securities, futures, diamond, oil and financial futures. About 200,000 of Shanghai's financial professionals work here. There are more than 3,000 emerging financial service institutions, such as private securities, equity investment and financial leasing firms.
Shipping Service
Lujiazui is home to 1,128 shipping institutions, among which 911 are shipping service providers.
Trade Service
The area has the most headquarters in China, with 117 regional headquarters in total.
Professional Service
The area provides more than 4,000 professional service staff in law, accounting, auditing and consultation services.

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