Shanghai industrial club5/26/2023 After recovering from World War II, and entering a stage of planned development, Shanghai evolved into a large-scale comprehensive industrial base. When the People's Republic of China was founded in 1949, Shanghai changed its focus of economic development to domestic markets. Its position was significant not only in terms of industry and transportation, but also in terms of domestic and international trade, and finance. It was even given the titles of “Gateway between the Yangtze River and the sea,” and the “Metropolis of Southeast China.”īy the late 1940s, Shanghai had grown into China's largest industrial, commercial, and economic center. As early as the reign of Emperors Qianlong (1736–1795) and Jiaqing (1795–1820) of the Qing dynasty, it was changing from a sleepy little fishing town into one of southeast China's most renowned cities. With its strategic position, at the estuary of the Yangtze River, known as China's “Golden Watercourse,” and on the banks of the Huangpu River, which connects the interior and the coastal area, it is easy to see how this city is enjoying rapid development. There you will find the city of Shanghai. On a map of China, trace your finger along the country's great coastline until you reach its centre.
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