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Shanghai holds significant importance for the rest of the world due to financial hub and its role as a global economic capital. Indeed, the modernization of Shanghai is often a remarkable sight for many visitors. After 2018 to 2023 Shanghai has undergone a tremendous transformation, evolving into a global economic powerhouse and modern metropolis. Shanghai is often considered one of the world major economic capital and a global hub. It holds significant importance in the global economy and plays a vital role in China economic development. 2020 Covid-19 pandemic had a unique impact on cities all over the world including China cities. After covid there were several potential areas of modernization and changes that could have taken place in Shanghai Digital and technology integration, health care infrastructure building new services, investment in public transportation, tourism and hospitality, industry education and E-learning school and universities in Shanghai may have continued to utilize online learning platform and technologies to supplement traditional technology methods. China Economic Capital boasts one of the most iconic skylines in the world, with famous places such as the Oriental pearl tower, Jin Mar Tower. High speed transportation like Shanghai Metro, Magler Train and a network of buses, making it easy for residents and tourists to travel. The Oriental Pearl Tower is illuminated at night with color lights, creating a stunning visual spectacle against the city skyline. World tallest structures is situated in Lujiazui, Pudong district, on the eastern bank of the Huangpu River, directly across from the Bund, another famous Shanghai landmark. Oriental Pearl Tower has become one of the most recognizable symbols of China. The main high-speed railway station in Shanghai is the Hongqiao Railway station. The high speed train network from Shanghai connects to various cities including Capital Beijing, Hangzhou, Nanjing and Suzhou. During my China visit I personally observed comfortable and convenient travel experience from Shanghai to Bejing 20th July 2023. They are equipped with modern amenities, including spacious seating, onboard catering service and Wi-Fi connectivity. Shanghai tech industry and numerous research institution, the city continues to attract talent and investment fueling further modernization in various sectors. City modernization has also brought about a dynamic and diverse lifestyle. City modernization has not only impacted China but also has a significant influence globally Shanghai hosts various international events and expos, bringing together global business, investors, and policy makers. Shanghai holds a prominent position as an economic capital, it competes with other major cities like New York, London, Tokyo, Paris. It continuous growth and development make it an essential player in the international economic landscape and a city to watch in the context of global business and finance. Shanghai dynamic economy and business friendly environment have made it an attractive destination for foreign direct investment. Many multinational corporations have established their presence in Shanghai to access the vast Chinese market and benefit from its strategic location and business opportunities. Overall Shanghai Importance for the rest of the world is shining example and form its position as a key player in the global economy. Its role as a financial and technological hub and its influence on international trade and investment.
Writer Ayesha Alam The Author is The Head Department of Pakistan Studies Hazara University
