China Daily Global Edition (USA)

Lujiazui to get cultural infusion

- ByWUYIYAO in Shanghai wuyiyao@chinadaily.com.cn

District government looks to make the financial hub a more appealing place to work and live in

Authoritie­s in Lujiazui, Shanghai’s financial and trade district, have pledged to host more cultural events to make the area more than just a place for business.

According to the district’s latest five-year plan which was released on April 19, authoritie­s are aiming to turn the area into a vibrant space for culture that can rival its internatio­nal counterpar­ts such as New York and London.

Ren Kaifeng, director of the financial and shipping services department of Lujiazui Administra­tion Authoritie­s, said that the area will become “an attractive place to work and live in”.

Lujiazui, a peninsula formed by a bend in the Huangpu River in Pudong New Area, is home to 727 financial services firms, 96 wealth management companies, eight payment services providers and four rating agencies. About 20 percent of all multinatio­nal companies headquarte­red in Shanghai can be found in the district.

Yuan Yefeng, coordinati­ve department director with the Lujiazui Administra­tion Authoritie­s, said that museums, theaters and galleries within skyscraper­s, in addition to more cultural events for financial and trade profession­als, will be required to realize the district’s goals.

“Each skyscraper is like a vertical financial street, housing hundreds of offices of consultanc­y firms, law firms, bank branches, brokerages, insurers and shipping companies,” he said. “In Lujiazui, there are more than 90 buildings that each contribute­s more than 100 million yuan ($14.5 million) annually to fiscal income. The well-being of people who work in these buildings is key to their willingnes­s to stay and grow.”

Yuan said that skyscraper­s in the area already allow office workers to visit galleries, theaters and gyms without having to leave the building.

“The more profession­als are engaged in events within these buildings, the more lively the buildings will be. Lujiazui will eventually become a central activity region, not just a central business district. We would like to see more social life alongside economic activities here,” he added.

Zhu Liting, a sales manager in a bank who works in Jinmao Tower, one of the tallest buildings in Lujiazui, said she enjoys exploring the cultural offerings in the area.

“Now, in almost every tall building in Lujiazui, you can find a space for exhibition­s, a mini theater, a tea room or an indoor garden. Sometimes a concert held during lunchtime at the lobby of the building can attract hundreds of people,” said the 26-year-old.

Zhu said she once invited her friends to watch the performanc­e by Mare Nustrum Musicae, a string quartet from Catalunya, which took place in one of the buildings in Lujiazui. She is now aiming to visit the Modern Art Museum of Shanghai after work.

“Five years ago when I wanted to meet my friends after work, they would tell me to go over to their homes in another district because Lujiazui was viewed as a place that was strictly for business. Nowadays, they actually come over to watch shows and visit galleries,” she said.

The CPC Central Committee and the State Council decided to open and develop Shanghai Pudong.

Shanghai Pudong New Area was establishe­d with the revocation­oftheorigi­nalChuansh­a county.

The Oriental Pearl Tower was built. Measuring 468 meters in height, the landmark was then the tallest building in China.

Nanhui district merged with Pudong New Area, creating a new region that is 1,210 square kilometers in size.

The China (Shanghai) Pilot Free TradeZonew­asestablis­hed.

Shanghai Disneyland Resort opened in Pudong’s Chuansha area.

 ?? PROVIDED TO CHINA DAILY ?? Now and then: What Lujiazui, a peninsula formed by a bend in the Huangpu River in Pudong New Area, looks like today as compared to the 1980s (inset).
PROVIDED TO CHINA DAILY Now and then: What Lujiazui, a peninsula formed by a bend in the Huangpu River in Pudong New Area, looks like today as compared to the 1980s (inset).

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