Lujiazui

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CITIC Pacific HQ & Mandarin Oriental
Lujiazui is the light area on the right of this 1933 map, facing the Bund across the river

Lujiazui (simplified Chinese: 陆家嘴; traditional Chinese: 陸家嘴; pinyin: Lùjiāzuǐ) is an important financial district in Pudong, Shanghai. In 2005 the State Council reaffirmed the positioning of the 31.78 km² Lujiazui area, as the only finance and trade zone among the 185 state-level development zones in mainland China.

Contents

[edit] Economy

Currently, there are more than 30 buildings over 25 stories high with commerce as their leading function, and over 504 domestic and overseas financial and insurance corporations located in Lujiazui.[1]

The success of Pudong in the past 20 years has fueled tourism and business related travel to Shanghai. Pictures of the Pudong skyline dominate Shanghai tourism materials, and there are 5 five-star hotels in the Lujiazui area, providing approximately 2,443 rooms, and three more five-star hotels are expected in the area in the coming years, adding more than 1,200 luxury units.[2]

[edit] Geography

Lujiazui, which literally means "Lu's Mouth", is located in the Pudong New District on the eastern bank of Huangpu River. It forms a peninsula on a bend of the Huangpu river, which turns from flowing north to flowing east. The importance of Lujiazui stems from the fact that it lies directly across the river from the Bund, the old financial and business district of Shanghai, and just south of the confluence of the Suzhou Creek with the Huangpu River. Until the 1980s, Lujiazui was a relatively low-built area, featuring residential houses, warehouses, and factories.

[edit] Landmarks

Popular tourist attractions and other important locations in Lujiazui include:

[edit] Transportation

Lujiazui can be reached by taking Shanghai Metro Line 2 to Lujiazui station.

[edit] Images of Lujiazui

[edit] References

  1. ^ Knight Frank China Knight Frank China, Shanghai District Overview - Pudong
  2. ^ Knight Frank China Knight Frank China, Shanghai Annual Commercial Report 2009

[edit] External links

Coordinates: 31°14′20″N 121°29′50″E / 31.23889°N 121.49722°E / 31.23889; 121.49722

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