Shanghai is a city of contrasts. It is both a business hub and a modern, hip hangout. In addition to its many famous attractions, Shanghai is also a shopping mecca. Here are some Shanghai travel tips to make the most of your visit. First, take a taxi. A cab from the airport after Cathay Pacific flights to Shanghai to the city center costs around 200-250 yuan each way. It is also highly recommended to take a cab if you have a lot of luggage.
It’s a business hub
With the influx of foreign investment, Shanghai is re-establishing itself as Asia’s financial powerhouse. Wall Street is eying the commercial hub, and leading US financial institutions are taking advantage of bold new government measures to liberalize the financial industry. In March, Morgan Stanley completed a $1 billion buyout of a Shanghai fund management company.