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 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.