91-533: China Merchants Holdings may refer to the following public companies: China Merchants Holdings (International) a subsidiary of China Merchants Group China Merchants Holdings (Pacific) a subsidiary of CMHI listed in Singapore Exchange China Merchants Fiancee Holdings , a wholly subsidiary of China Merchants Group China Merchants Industry Holdings ,
182-692: A US$ 1.3 billion agreement for the Hambantota port project in 2007, with financing from China Exim Bank and China Merchants Port, while China Harbour Engineering Corporation (CHEC) is responsible for the construction of the port. With the Port of Hambantota's expansion, China Merchants Port Holdings has become the major shareholder of the Hambantota Port. Sirisena, a member of the Parliament of Sri Lanka, negotiates with China Merchants Port and sells
273-748: A center for radical leftism during the 1950s and 1960s. The radical leftist Jiang Qing and her three allies, together the Gang of Four , were based in the city. During the Cultural Revolution (1966–1976), Shanghai's society was severely damaged. The majority of the workers in the Shanghai branch of the People's Bank of China were Red Guards and they formed a group called the Anti-Economy Liaison Headquarters within
364-438: A comparatively heavy contributor of tax revenue to the central government; in 1983, the city's contribution in tax revenue was greater than the investment received in the past 33 years combined. Its importance to the fiscal well-being of the central government also denied it from economic liberalizations begun in 1978. In 1990, Deng Xiaoping permitted Shanghai to initiate economic reforms, which reintroduced foreign capital to
455-467: A county under Songjiang Prefecture, which had its seat in the present-day Songjiang District . Two important events helped promote Shanghai's developments in the Ming dynasty . A city wall was built for the first time in 1554 to protect the town from raids by Japanese pirates . It measured 10 m (33 ft) high and 5 km (3 mi) in circumference. A City God Temple was built in 1602 during
546-709: A dichotomous city where both light and darkness existed. The city has various nicknames in English, including the " New York of China", in reference to its status as a cosmopolitan megalopolis and financial hub , the "Pearl of the Orient", and the "Paris of the East." This is similar to Ho Chi Minh City (also known as Saigon), in Vietnam, which has also been nicknamed as "Paris of the Orient," due to Vietnam's historical French status. The western part of modern-day Shanghai
637-646: A fishing village and market town, Shanghai grew in importance in the 19th century due to both domestic and foreign trade and its favorable port location. The city was one of five treaty ports forced to open to European trade after the First Opium War , which ceded Hong Kong to the United Kingdom until it was handed over back to China on 1 July 1997. This followed the Second Battle of Chuenpi in 1841, more than 60 km (37 mi) east of
728-561: A foreign divestment due to the PRC's victory. After the war, Shanghai's economy was restored—from 1949 to 1952, the city's agricultural and industrial output increased by 51.5% and 94.2%, respectively. There were 20 urban districts and 10 suburbs at the time. On 17 January 1958, Jiading , Baoshan, and Shanghai County in Jiangsu became part of Shanghai Municipality, which expanded to 863 km (333.2 sq mi). The following December,
819-547: A new city center in Jiangwan town of Yangpu district, outside the boundaries of the foreign concessions. The plan included a public museum, library, sports stadium, and city hall, which were partially constructed before being interrupted by the Japanese invasion. In the 1920s, shidaiqu became a new form of entertainment and was popularised in Shanghai. The city flourished, becoming a primary commercial and financial hub of
910-468: A powerful faction in the central government known as the Shanghai Clique , which has often been viewed as competing against the rival Youth League Faction over personnel appointments and policy decisions. However, Xi Jinping, successor to Hu Jintao as General Secretary and President , was largely an independent leader and took anti-corruption campaigns on both factions. Shanghai is one of
1001-825: A presence outside the walled city of Shanghai, which remained under the direct administration of the Chinese. The Chinese-held Old City of Shanghai fell to rebels from the Small Swords Society in 1853, but control of the city was regained by the Qing government in February 1855. In 1854, the Shanghai Municipal Council was created to manage the foreign settlements. Between 1860 and 1862, the Taiping rebels twice attacked Shanghai and destroyed
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#17327867953151092-477: A result of these two critical decisions, Shanghai became the major trade port for all of the lower Yangtze region by 1735, despite still being at the lowest administrative level in the political hierarchy. In the 19th century, international attention to Shanghai grew due to Europe and recognition of its economic and trade potential at the Yangtze . During the First Opium War (1839–1842), British forces occupied
1183-515: A wholly subsidiary of China Merchants Group Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title China Merchants Holdings . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=China_Merchants_Holdings&oldid=369320621 " Category : Disambiguation pages Hidden categories: Short description
1274-403: Is 223. China Merchants Port has operations in 25 countries, with a network of 41 ports by 2020, including Sri Lanka's Colombo International Container Terminal Limited and Togo's Lomé Container Terminal S.A. The parent company, China Merchants Group, achieved sales of CNY 649.9 billion in 2019. In 2020, the company had total revenue of US$ 1,147,838,440, with the port business accounting for 93% of
1365-667: Is a direct-administered municipality and the most populous urban area in China . The city is located on the Chinese shoreline on the southern estuary of the Yangtze River , with the Huangpu River flowing through it. The population of the city proper is the third largest in the world , with around 24.87 million inhabitants in 2023, while the urban area is the most populous in China , with 29.87 million residents. As of 2022,
1456-501: Is a cultural blend of elements found in Western architecture with traditional Jiangnan Chinese architecture and social behavior. Like almost all traditional Chinese dwellings, it has a courtyard , which reduces outside noise. Vegetation can be grown in the courtyard, and it can also allow for sunlight and ventilation in the rooms. Some of Shanghai's buildings feature Soviet neoclassical architecture or Stalinist architecture , though
1547-479: Is considered as a Red Chip company as the Hong Kong Stock Exchange listing. The company has port facilities in mainland China and Hong Kong , and the predecessor was founded in 1991. The predecessor of the parent company was established in 1872 and was the preeminent industrial and commercial group in mainland China. Before changing its name to China Merchants Port Holdings Company Limited,
1638-537: Is different from Wikidata All article disambiguation pages All disambiguation pages China Merchants Holdings (International) China Merchants Port Holdings Company Limited ( SEHK : 144 ) is a major conglomerate based in Hong Kong and is involved in a range of businesses such as port operations, general and bulk cargo transportation, container and shipping business, air cargo, logistics park operations and paint products. China Merchants Port
1729-829: Is known for its rich water resources as part of the Lake Tai drainage basin . Downtown Shanghai is bisected by the Huangpu River, a man-made tributary of the Yangtze created by order of Lord Chunshen during the Warring States period. The historic center of the city was located on the west bank of the Huangpu ( Puxi ), near the mouth of Suzhou Creek, connecting it with Lake Tai and the Grand Canal . The central financial district, Lujiazui, has been established on
1820-999: Is located nearby at the northern tip of Lujiazui. Skyscrapers outside of Lujiazui include the White Magnolia Plaza in Hongkou, the Shimao International Plaza in Huangpu, and the Shanghai Wheelock Square in Jing'an . Like all governing institutions in mainland China , Shanghai has a parallel party-government system, in which the CCP Committee Secretary , officially termed the Chinese Communist Party Shanghai Municipal Committee Secretary, outranks
1911-586: Is located on an alluvial plain . As such, the vast majority of its 6,340.5 km (2,448.1 sq mi) land area is flat, with an average elevation of 4 m (13 ft). Tidal flat ecosystems exist around the estuary, however, they have long been reclaimed for agricultural purposes. The city's few hills, such as She Shan , lie to the southwest, and its highest point is the peak of Dajinshan Island (103 m or 338 ft) in Hangzhou Bay. Shanghai has many rivers, canals, streams, and lakes, and it
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#17327867953152002-521: Is one of three Chinese enterprises named among the top 10 terminal operators in the world; the other two are Hutchison Port Holdings and COSCO Shipping Ports . In the 2018 Lloyd's list of the top 10 global port operators, China Merchants Port was ranked fifth, as of 2018, they have a network of 34 ports in 18 countries around the world, such as Houston in the US and Newcastle in Australia. The majority of
2093-486: Is ranked 4th on the Global Financial Centres Index . The city is also a global major center for research and development and home to numerous Double First-Class Universities , including Fudan University and Shanghai Jiaotong University . The Shanghai Metro , first opened in 1993, is the largest metro network in the world by route length. Shanghai has been described as the "showpiece" of
2184-451: Is the shikumen ( 石库门 , "stone storage door") residence, typically two- or three-story gray brick houses with the front yard protected by a heavy wooden door in a stylistic stone arch. Each residence is connected and arranged in straight alleys, known as longtang ( 弄堂 ). The house is similar to western-style terrace houses or townhouses , but distinguished by the tall, heavy brick wall and archway in front of each house. The shikumen
2275-739: Is the home of the Shanghai Stock Exchange , the largest stock exchanges in the Asia-Pacific by market capitalization and the Shanghai Free-Trade Zone , the first free-trade zone in mainland China. Shanghai has been classified as an Alpha+ ( global first-tier ) city by the Globalization and World Cities Research Network . As of 2024, it is home to 13 companies of the Fortune Global 500 and
2366-461: Is the modern-day Shanghai Exhibition Center . Shanghai—Lujiazui in particular—has numerous skyscrapers , making it the fifth city in the world with the most skyscrapers . Among the most prominent examples are the 421 m (1,381 ft) high Jin Mao Tower , the 492 m (1,614 ft) high Shanghai World Financial Center , and the 632 m (2,073 ft) high Shanghai Tower , which
2457-460: Is the tallest building in China and the third tallest in the world . Completed in 2015, the tower takes the form of nine twisted sections stacked atop each other, totaling 128 floors. It is featured in its double-skin facade design, which eliminates the need for either layer to be opaqued for reflectivity as the double-layer structure has already reduced the heat absorption. The futuristic-looking Oriental Pearl Tower, at 468 m (1,535 ft),
2548-466: The Asia-Pacific region in the 1930s. During the ensuing decades, citizens of many countries and all continents came to Shanghai to live and work; those who stayed for long periods—some for generations—called themselves " Shanghailanders ." In the 1920s and 1930s, almost 20,000 White Russians fled the newly established Soviet Union to reside in Shanghai. These Shanghai Russians constituted
2639-588: The Broadway Mansions ; and Austrian architect C.H. Gonda , who designed the Capitol Theatre . The Bund has been revitalized several times. The first was in 1986, with a new promenade by the Dutch architect Paulus Snoeren. The second was before the 2010 Expo , which includes restoration of the century-old Waibaidu Bridge and reconfiguration of traffic flow. One distinctive cultural element
2730-521: The Cold War . Major changes of fortune for the city would occur when economic reforms initiated by paramount leader Deng Xiaoping during the 1980s resulted in an intense redevelopment and revitalization of the city by the 1990s, especially the Pudong New Area, aiding the return of finance and foreign investment. The city has since re-emerged as a hub for international trade and finance. It
2821-582: The Huangpu River . Its former or poetic name, the Chunshen River, gave Shanghai its nickname of "Shēn." Fishermen living in the Shanghai area then created a fish tool called the hù , which lent its name to the outlet of Suzhou Creek north of the Old City and became a common nickname and abbreviation for the city. During the Tang and Song dynasties, Qinglong Town ( 青龙镇 ) in modern Qingpu District
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2912-581: The Kangxi Emperor reversed the Ming dynasty prohibition on oceangoing vessels—a ban that had been in force since 1525; and in 1732, the Qianlong Emperor moved the customs office for Jiangsu province ( 江 海 关 ; see Customs House, Shanghai ) from the prefectural capital of Songjiang to Shanghai, and gave Shanghai exclusive control over customs collections for Jiangsu's foreign trade. As
3003-806: The Mayor . The CCP committee acts as the top policy-formulation body, and is typically composed of 12 members (including the secretary), and has control over the Shanghai Municipal People's Government . Political power in Shanghai has frequently been a stepping stone to higher positions in the central government. Since Jiang Zemin became the General Secretary of the Chinese Communist Party in June 1989, all former Shanghai party secretaries but one were elevated to
3094-534: The Politburo Standing Committee , the de facto highest decision-making body in China, including Jiang himself (Party General Secretary), Zhu Rongji (Premier), Wu Bangguo (NPC Chairman), Huang Ju (Vice Premier), Xi Jinping (current General Secretary), Yu Zhengsheng (CPPCC Chairman), Han Zheng (Vice Premier and Vice President), and Li Qiang (Premier). Zeng Qinghong , a former deputy party secretary of Shanghai, also rose to
3185-803: The Shanghai Museum , the Shanghai Grand Theatre , the Oriental Art Center , and the Oriental Pearl Tower . Despite rampant redevelopment, the Old City still retains some traditional architecture and designs, such as the Yu Garden , an elaborate Jiangnan style garden. As a result of its construction boom during the 1920s and 1930s, Shanghai has among the most Art Deco buildings in the world. One of
3276-681: The Third Front campaign to develop basic industry and heavy industry in China's hinterlands in case of invasion by the Soviet Union or the United States, 354,900 Shanghainese were sent to work on Third Front projects. The centrepiece of Shanghai's Small Third Front project was the "rear base" in Anhui rear base which served as "a multi-function manufacturing base for anti-aircraft and anti-tank weaponry. Since 1949, Shanghai has been
3367-608: The Wanli reign. This honor was usually reserved for prefectural capitals and not normally given to a mere county seat such as Shanghai. Scholars have theorized that this likely reflected the town's economic importance, as opposed to its low political status. During the Qing dynasty , Shanghai became one of the most important seaports in the Yangtze Delta region as a result of two important central government policy changes: in 1684,
3458-609: The economy of China . Featuring several architectural styles such as Art Deco and shikumen , the city is renowned for its Lujiazui skyline, museums and historic buildings including the City God Temple , Yu Garden , the China Pavilion and buildings along the Bund . The Oriental Pearl Tower can be seen from the Bund. Shanghai is also known for its cuisine , local language , and cosmopolitan culture, ranks sixth in
3549-459: The list of cities with the most skyscrapers , and it is one of the biggest economic hubs in the world. The two Chinese characters in the city's name are 上 ( shàng / zaon , "upon") and 海 ( hǎi / hé , "sea"), together meaning "On the Sea." The earliest occurrence of this name dates from the 11th-century Song dynasty , when there was already a river confluence and a town with this name in
3640-460: The 1895 Treaty of Shimonoseki , which elevated Japan to become another foreign power in Shanghai. Japan built the first factories in Shanghai, which was soon copied by other foreign powers. All this international activity gave Shanghai the nickname "the Great Athens of China." The Republic of China was established in 1912. The same year, the Old City walls were dismantled as they blocked
3731-472: The Greater Shanghai metropolitan area was estimated to produce a gross metropolitan product ( nominal ) of nearly 13 trillion RMB ($ 1.9 trillion). Shanghai is one of the world's major centers for finance, business and economics , research, science and technology, manufacturing, transportation, tourism , and culture . The Port of Shanghai is the world's busiest container port . Originally
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3822-535: The Japanese government transferred them to Shanghai by November 1941. Other Jewish refugees found haven in Shanghai, not through Sugihara, but came on ships from Italy. The refugees from Europe were interned into a cramped ghetto in the Hongkou District and after the Japanese attack on Pearl Harbor , even the Iraqi Jews who had been living in Shanghai from before the outbreak of WWII were interned. Among
3913-694: The Japanese invasion of Shanghai was the Shanghai Ghetto . Japanese consul to Kaunas , Lithuania , Chiune Sugihara issued thousands of visas to Jewish refugees who were escaping the Nazi's Final Solution to the Jewish Question . They traveled from Keidan , Lithuania across Russia by railroad to the Vladivostok from where they traveled by ship to Kobe, Japan . Their stay in Kobe was short as
4004-421: The Latin America region. Besides, the company also engaged with the Sikan Island Container Terminal located in Nigeria, the Multipurpose Port of Doraleh located in Djibouti, Colombo International Container Terminal Limited and the Hambantota Port project in Sri Lanka in relation to China's Belt and Road Initiative. The company is also helping to fund a US$ 10 billion Tanzanian port in Bagamoyo, Tanzania, promoted by
4095-417: The Middle East. The company has acquired 49% stake in Terminal Link, the combination of Compagnie Maritime d'Affrètement (CMA) and Compagnie Générale Maritime (CGM), as well as the purchase of 90% stock in TCP Participações SA, A, the second largest container terminal in Brazil with a design capacity of 1.5 million TEU, for US$ 923.7 million. This acquisition in 2017 allowed the company to expand its presence in
4186-540: The People's Republic of China. Port facilities are located in Hong Kong and Mainland China. Its national port network is spread across the Pearl River Delta, Bohai Economic Zone, Xiamen Bay Economic Zone, Yangtze River Delta and Southwest China. This includes the coastal hub ports of Hong Kong, Shanghai , Qingdao and Xiamen Bay. Besides the operations in Hong Kong and Mainland China, it also operates overseas. Its investments are concentrated in developing countries such as Nigeria and among other African countries, as well as
4277-409: The Politburo Standing Committee and became the Vice President and an influential power broker. Li Xi , another former deputy party secretary of Shanghai, has become the Politburo Standing Committee and Secretary of CCDI member in 2022. The only exception is Chen Liangyu , who was fired in 2006 and later convicted of corruption . Officials with ties to the Shanghai administration collectively form
4368-411: The Portuguese colony of Macau . Macau was controlled by Portugal following the Luso-Chinese agreement of 1554 until the handover of the Millennium on 20 December 1999. The Shanghai International Settlement and the French Concession were subsequently established. The city then flourished, becoming a primary commercial and financial hub of Asia in the 1930s. During the Second Sino-Japanese War ,
4459-413: The Tanzanian government. Eurofos Terminal is a container terminal in Fos-sur-Mer, France. China Merchants Port acquired a 49% “advantageous stake” in Terminal Link in 2013, which is the subsidiary of CMA CGM, the name of two predecessor companies combined, Compagnie Maritime d'Affrètement (CMA) and Compagnie Générale Maritime (CGM), the world's third-largest container shipping company in France. Meanwhile,
4550-419: The acquisition from Terminal Link made China Merchants port obtain an approximate 25% share from the only Chinese invested French Mediterranean port in France, the Eurofos terminal in Marseille. Malta Freeport Terminal is a transit hub located in the heart of the Mediterranean. After the Malta Freeport in Marsaxlokk, Malta's container port was franchised to the French shipping company, CMA CGM, at least until
4641-405: The area. Others contend that the city is referenced in historical records dating back 2150 years, and that its ancient name, "Hu", suggests it was previously a fishing village. In 1280 it was renamed "Shanghai", which translates to "Above the Sea". How the name should be understood has been disputed, but Chinese historians have concluded that during the Tang dynasty , the area of modern-day Shanghai
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#17327867953154732-420: The bank of the Huangpu River, is home to a row of early 20th-century architecture, ranging in style from the neoclassical HSBC Building to the Art Deco Sassoon House (now part of the Peace Hotel ). Many areas in the former foreign concessions are also well-preserved, the most notable being the French Concession. Shanghai is also home to many architecturally distinctive and even eccentric buildings, including
4823-724: The beginning of autumn, the city is susceptible to typhoons . The most pleasant seasons are generally spring, although changeable and often rainy, and autumn, which is usually sunny and dry. With monthly percent possible sunshine ranging from 28% in June to 46% in August, the city receives 1,754 hours of bright sunshine annually. (All the mean values mentioned in this paragraph are data observed in Baoshan District） According to China's seasonal division standard, from 2001 to 2024, Shanghai enters spring on 9 March, summer on 16 May, autumn on 5 October, and winter on 4 December. Extremes since 1951 have ranged from −10.1 °C (14 °F) on 31 January 1977 (unofficial record of −12.1 °C (10 °F)
4914-410: The branch. The Anti-Economy Liaison Headquarters dismantled economic organizations in Shanghai, investigated bank withdrawals, and disrupted regular bank service in the city. The Shanghai People's Commune was established in the city during the January Storm of 1967. Despite the disruptions of the Cultural Revolution, Shanghai maintained economic production with a positive annual growth rate. During
5005-467: The city and developed the Pudong district, resulting in the birth of Lujiazui . That year, the China's central government designated Shanghai as the "Dragon Head" of economic reform . As of 2020, Shanghai is classified as an Alpha+ city by the Globalization and World Cities Research Network , making it one of the world's Top 10 major cities. In early 2022, Shanghai experienced a large outbreak of COVID-19 cases. After localized lockdowns failed to stem
5096-405: The city has fewer such structures than Beijing. These buildings were mostly erected between the founding of the People's Republic in 1949 and the Sino-Soviet Split in the late 1960s. During this time period, large numbers of Soviet experts, including architects, poured into China to aid the country in the construction of a communist state. An example of Soviet neoclassical architecture in Shanghai
5187-416: The city was the site of the major Battle of Shanghai . After the war, the Chinese Civil War soon resumed between the Kuomintang (KMT) and the Chinese Communist Party (CCP), with the latter eventually taking over the city and most of the mainland. From the 1950s to the 1970s, trade was mostly limited to other socialist countries in the Eastern Bloc , causing the city's global influence to decline during
5278-473: The city's eastern and southern suburbs, but failed to take the city. In 1863, the British settlement to the south of Suzhou Creek (northern Huangpu District ) and the American settlement to the north (southern Hongkou District ) joined in order to form the Shanghai International Settlement . The French opted out of the Shanghai Municipal Council and maintained its own concession at the city's south and southwest. The First Sino-Japanese War concluded with
5369-492: The city's expansion. In July 1921, the Chinese Communist Party was founded in the Shanghai French Concession . On 30 May 1925, the May Thirtieth Movement broke out when a worker in a Japanese-owned cotton mill was shot and killed by a Japanese foreman. Workers in the city then launched general strikes against imperialism , which became nationwide protests that gave rise to Chinese nationalism . The golden age of Shanghai began with its elevation to municipality after it
5460-429: The city. The war ended in 1842 with the Treaty of Nanking , which opened Shanghai as one of the five treaty ports for international trade. The Treaty of the Bogue , the Treaty of Wanghia , and the Treaty of Whampoa (signed in 1843, 1844, and 1844, respectively) forced Chinese concession to European and American desires for visitation and trade on Chinese soil. Britain, France, and the United States all established
5551-459: The company was formerly known as China Merchants Holdings (International) Company Limited. On 28 May 1991, the company's predecessor was founded in Hong Kong. On 16 June 1997, the company adopted the title China Merchants Holdings (International) Company Limited ( 招商局國際有限公司 ). On 15 July 1997, the company was listed in the Hong Kong Stock Exchange . On 10 August 2016, the company adopted its current title. China Merchants Port's predecessor
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#17327867953155642-401: The company's revenue and the bonded logistics and other operations accounting for the rest. In February 2018, the company completed the sale of its indirectly owned unit, Shenzhen Chiwan Wharf Holdings Limited, which provides logistics, container terminal and port management services and has interests in operations in general and bulk cargo terminals businesses. The expected net proceeds from
5733-547: The countries among South Asia, especially in Sri Lanka, the port of Hambantota that located in southern Sri Lanka is one of the biggest foreign investment by China Merchants Port. The company has approximately 130 berths for loading and unloading at wharves and piers worldwide, with a capacity of 60 million containers. It controls more than 30% of the berths in mainland China. The company operates through its port operations, bonded logistics business and other businesses. These include container terminal operations, break-bulk terminals,
5824-404: The districts govern Puxi ( lit. "The West Bank," or "West of the River Pu"), the older part of urban Shanghai on the west bank of the Huangpu River. These seven districts are collectively referred to as Shanghai Proper ( 上海市区 ) or the core city ( 市中心 ), which comprise Huangpu, Xuhui, Changning , Jing'an, Putuo, Hongkou, and Yangpu. Pudong ( lit. "The East Bank," or "East of
5915-912: The east bank of the Huangpu (Pudong). Along Shanghai's eastern shore, the destruction of local wetlands due to the construction of Pudong International Airport has been partially offset by the protection and expansion of a nearby shoal, Jiuduansha , as a nature preserve. Shanghai has a humid subtropical climate ( Köppen : Cfa ), with an average annual temperature of 17.5 °C (63.5 °F) for downtown areas and 16.2–17.2 °C (61.2–63.0 °F) for suburbs. The city experiences four distinct seasons. Winters are temperate to cold and damp—northwesterly winds from Siberia can cause nighttime temperatures to drop below freezing. Each year, there are an average of 4.7 days with snowfall and 1.6 days with snow cover. Summers are hot and humid, and occasional downpours or thunderstorms can be expected. On average, 14.5 days exceed 35 °C (95 °F) annually. In summer and
6006-411: The end of the Song dynasty , the center of trading had moved downstream of the Wusong River to Shanghai. It was upgraded in status from a village to a market town in 1074, and in 1172, a second sea wall was built to stabilize the ocean coastline, supplementing an earlier dike. From the Yuan dynasty in 1292 until Shanghai officially became a municipality in 1927, central Shanghai was administered as
6097-594: The four municipalities under the direct administration of the Central People's Government , and is divided into 16 county-level districts . Although every district has its own urban core, the city hall and major administrative units are located in Huangpu District, which also serves as a commercial area, including the famous Nanjing Road . Other major commercial areas include Xintiandi and Huaihai Road in Huangpu District, and Xujiahui in Xuhui District . Many universities in Shanghai are located in residential areas in Yangpu District and Putuo District . Seven of
6188-407: The government's majority stake in the terminal company. They signed an agreement with The Sri Lanka Port Authority in 2017 in which China Merchants Port leased the Port of Hambantota for operation for 99 years. At the same time, China Merchants Port purchase a 70% stake of the Hambantota Port from Sri Lankan government for $ 1.1 billion in July 2017, including the 42-hectares artificial island located at
6279-419: The land area of Shanghai was further expanded to 5,910 km (2,281.9 sq mi) after more surrounding suburban areas in Jiangsu were added: Chongming , Jinshan , Qingpu , Fengxian , Chuansha , and Nanhui . In 1964, the city's administrative divisions were rearranged to 10 urban districts and 10 counties. As the industrial center of China with the most skilled industrial workers, Shanghai became
6370-408: The most famous architects working in Shanghai was László Hudec , a Hungarian-Slovak who lived in the city between 1918 and 1947. His most notable Art Deco buildings include the Park Hotel , the Grand Cinema , and the Paramount . Other prominent architects who contributed to the Art Deco style are Clement Palmer and Arthur Turner , who together designed the Peace Hotel, the Metropole Hotel , and
6461-414: The new container terminal has launched there. This is one of the largest foreign investments in the country, with a total value of more than US$ 500 million. The Hambantota International Port is a port in southern Sri Lanka, is located a few hundred kilometres off the coast of India, on a vital economic and military waterway. Construction and investment in the port have come from China, which first signed
6552-587: The operation of logistics parks operated by China Merchants Ports and its associates, including port transportation and airport cargo handling, as well as property development and investment, including the construction of modular buildings and the provision of container terminal services. In addition, China Merchants Port is involved in port development and berth operations, as well as tugboat berthing assistance and barge services when ships arrive in port, cargo handling during loading and unloading, and providing ships with shore power and fresh water. China Merchants Port
6643-687: The port opening. This new equity from China Merchants Port increased Sri Lanka's foreign exchange reserves and facilitated Sri Lanka's repayment of its debts to non-Chinese creditors. TCP Participações SA is a container terminal in Brazil. A quarter of the company's containerised exports and imports depart or arrive in China. In 2017, China Merchants Port agreed to purchase 90% stock in TCP Participações SA for US$ 935 million and increase its annual container throughput “from 1.5 million TEUs to 2.5 million TEUs”. Shanghai Shanghai
6734-440: The provinces of Zhejiang to the south and Jiangsu to the west and north. The municipality's northernmost point is on Chongming Island , which is the second-largest island in mainland China after its expansion during the 20th century. It does not administratively include an exclave of Jiangsu on northern Chongming or the two islands forming Shanghai's Yangshan Port , which are parts of Zhejiang's Shengsi County . Shanghai
6825-933: The refugees in the Shanghai Ghetto was the Mirrer Yeshiva , including its students and faculty. On 3 September 1945, the Chinese Army liberated the Ghetto and most of the Jews left over the next few years. On 27 May 1949, the People's Liberation Army took control of Shanghai through the Shanghai Campaign . Under the new People's Republic of China (PRC), Shanghai was one of only three municipalities not merged into neighboring provinces (the others being Beijing and Tianjin ). Most foreign firms moved their offices from Shanghai to Hong Kong , as part of
6916-582: The rise in cases, the Chinese government locked down the entire city on 5 April. This resulted in widespread food shortages across the city emerged as food-supply chains were severely disrupted by the government's lockdown measures, which were not lifted until 1 June. Shanghai is located on the Yangtze Estuary of China's east coast, with the Yangtze River to the north and Hangzhou Bay to
7007-460: The sale are HK$ 3.88 billion (US$ 496.3 million). Source: Table 1 provides information on the company's major managers, specifying each person's full name and their roles. In the quarterly review of Hang Seng Index composition ended on Jun 29 2018, it was announced by Hang Seng Indexes Company that China Merchants Port will be removed from constituent stocks from Sep 10, 2018, and replaced by another. The decision to remove China Merchants Port
7098-504: The second-largest foreign community. By 1932, Shanghai had become the world's fifth-largest city and home to 70,000 foreigners. In the 1930s, some 30,000 Jewish refugees from Europe arrived in the city. On 28 January 1932 , Japanese military forces invaded Shanghai while the Chinese resisted. More than 10,000 shops and hundreds of factories and public buildings were destroyed, leaving Zhabei district ruined. About 18,000 civilians were either killed, injured, or declared missing. A ceasefire
7189-504: The shareholders in China Merchants Port are insiders. The insiders held 65.26% of the shares in the company, as the largest shareholder of the company is China Merchants Group, its parent company, accounting for 43% of the total shares, while China Merchants Technology Holdings Co. Ltd. accounting for 21.9% of the shares. Institutions held 27.87% of the float and 9.68% of the shares. The number of Institutions holding shares
7280-464: The south, with the East China Sea to the east. The land is formed by the Yangtze's natural deposition and modern land reclamation projects. As such, it has sandy soil , and skyscrapers have to be built with deep concrete piles to avoid sinking into the soft ground. The provincial-level Municipality of Shanghai administers both the estuary and many of its surrounding islands . It borders
7371-680: The year 2038. When China Merchants Ports acquired a 49% stake in Terminal Link in 2013, it then obtained an approximate 25% stake in Malta Freeport Terminal while CMA CGM held the rest of the shares (51%). The Port of Colombo is the largest port located in the southwestern shores on the Kelani River of Sri Lanka. China Merchants Port has held a groundbreaking ceremony at the Port of Colombo in Sri Lanka in 2014 as
7462-609: Was a major trading port. Established in 746 (the fifth year of the Tang Tianbao era ), it developed into what was historically called a "giant town of the Southeast," with thirteen temples and seven pagodas. Mi Fu , a scholar and artist of the Song dynasty, served as its mayor. The port experienced thriving trade with provinces along the Yangtze and the Chinese coast, as well as with foreign countries such as Japan and Silla . By
7553-408: Was an early name originating from Lord Chunshen , a 3rd-century BC nobleman and prime minister of the state of Chu , whose fief included modern Shanghai. Shanghai-based sports teams and newspapers often use Shen in their names, such as Shanghai Shenhua and Shen Bao . 华 亭 ( Huátíng / gho-din ) was another early name for Shanghai. In AD 751 during the mid-Tang dynasty, Huating County
7644-790: Was brokered on 5 May. In 1937, the Battle of Shanghai resulted in the occupation of the Chinese-administered parts of Shanghai outside of the International Settlement and the French Concession. People who stayed in the occupied city suffered on a daily basis, experiencing hunger, oppression, or death. The foreign concessions were ultimately occupied by the Japanese on 8 December 1941 and remained occupied until Japan's surrender in 1945; multiple war crimes were committed during that time. A side-effect of
7735-514: Was due to its turnover volume and market capitalisation failed to meet the minimum requirements. China Merchants Port invested in 6 terminals in 2005 and increased to 18 by the end of 2017. However, 2009 is the year they start to make overseas investments. As part of China's "Maritime Silk Road" plan, the company has increased its overseas port facility upgrades in recent years. The sea routes, proposed by Chinese Communist Party leader Xi Jinping , aim to connect China to Europe via Southeast Asia and
7826-472: Was established by Zhao Juzhen , the governor of Wu Commandery , at modern-day Songjiang, the first county-level administration within modern-day Shanghai. The first five-star hotel in the city was named after Huating. 魔 都 ( Módū / mó-tu , "monster/fiend/magical city"), a contemporary nickname for Shanghai, is widely known among the youth. The name was first mentioned in Japanese novelist Shōfu Muramatsu 's 1924 novel Mato , which portrayed Shanghai as
7917-514: Was founded in Hong Kong on 28 May 1991, and changed to its present name in 1997. Port facilities are located in Hong Kong and Mainland China, such as Shanghai , Tianjin and Qingdao . However, China Merchants Port was truly founded in 1872 as the first merchant company of the Qing dynasty and has experienced a history that stretches from the Republic of China to the official establishment of
8008-693: Was inhabited 6,000 years ago. During the Spring and Autumn period (approximately 771 to 476 BC), it belonged to the Kingdom of Wu , which was conquered by the Kingdom of Yue , which in turn was conquered by the Kingdom of Chu. During the Warring States period (475 BC), Shanghai was part of the fief of Lord Chunshen of Chu, one of the Four Lords of the Warring States . He ordered the excavation of
8099-480: Was separated from Jiangsu on 7 July 1927. This new Chinese municipality covered an area of 494.69 km (191.0 sq mi), including the modern-day districts of Baoshan , Yangpu , Zhabei , Nanshi , and Pudong , but excluded the foreign concessions territories. Headed by a Chinese mayor and municipal council, the new city government's first task—the Greater Shanghai Plan —was to create
8190-582: Was set on 19 January 1893) to 40.9 °C (106 °F) on 21 July 2017 and 13 July 2022 at a weather station in Xujiahui and 2 August 2024 in Minhang District following a record hot night set at 32.1 °C (90 °F) as the highest ever daily minimum temperature at Xujiahui. On 8 August 2013, the weather station at Shanghai Pudong International Airport also observed a high temperature of 41.0 °C (106 °F). The Bund , located by
8281-491: Was under sea level, so the land appeared to be literally "on the sea." Shanghai is officially abbreviated 沪 ( Hù / wu ) in Chinese , a contraction of 沪渎 ( Hù Dú / wu-doq , " Harpoon Ditch"), a 4th- or 5th-century Jin name for the mouth of Suzhou Creek when it was the main conduit into the ocean. This character appears on all motor vehicle license plates issued in the municipality today. 申 ( Shēn / sén ) or 申 城 ( Shēnchéng / sén-zen , "Shen City")
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