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Knowing the Worth Seeing Attractions in Shanghai

July 20th, 2010 8:29 pm

As one of the most famous cities of China,Shanghai has been China’s economic, financial, trade and shipping center. Shanghai creates and
breaks the world record of China Association for a number of the world’s most, If you wanna to travel to Shanghai,Don’t miss the following attractions.

Where to find the most beautiful place for sight-seeing?
The Bund located in the central area of Shanghai’s Huangpu River, it is Shanghai’s landscape,tourists is in Shanghai must visit places. The Bund, also known as East Zhongshan Road, the whole length of 1.5 km. East of the Huangpu River, the west, Gothic, Romanesque, Baroque, East meets West type, and so 52 different styles of building, known as the “International Architecture Exhibition group.”

Where to buy the cheapest clothes
QiPu Road, clothing wholesale market (the market QiPu Road) is located in downtown Shanghai, Zhabei District, located southeast of Henan Road as the boundary, and adjacent Hongkou District. Market east of Henan Road, North West until Zhejiang, Shanxi Road North, south, was “T” shaped distribution of length of 680 meters. Although the length is limited, but the market in endless streams, with daily traffic of thousands of people, crowds of customers every day, difficult, from scratch in the end, to go more than a half hour, the flow density over Nanjing Road Pedestrian Street. As the famous Shanghai Garment Market, 7 Pu Road market from taking shape, maturity scale experienced before and after 22 years, from operating history, very few across the country also have such a long history in the apparel market. In recent years, in the Zhabei District Government of careful planning and strong support, seven Pu Road street market is undergoing a qualitative transformation and leaps. A new, has a strong market radiation function, mainly in garment wholesale market, shopping, tourism, leisure and many other functions in one type of clothing a large flow of business center is on the rise.

Be a foreigner, How to find the best present for your friends
Yu Garden is located northeast of Shanghai Old City, north Fuyou Road, east Anren Street, Southwest connected the Old City God Temple, Yuyuan Tourist Mart. It is the only Old City’s Ming Dynasty garden. Mixed garden pavilion, mountain Shi Zhengrong, glittering lake, known as “Special and beautiful the south of the Yangtze River’
reputation. Yuyuan Garden was built during the Jiajing, originally the private garden Pan. Yuyuan Garden was built in 1559, a lapse of 400 years of history. It was originally a private garden Ming Dynasty, covering 30 acres. Park together with ear, big fake rockery, Iron Lion, fast building, Tak Yuet Lau, exquisite jade, jade water Gallery Product listening the Court, Harmony House, within the contemplation garden hall, stage and other ancient pavilions and rockeries, ponds and other ancient four dozen office buildings, compact design, layout fine in order to quiet beauty, known for exquisitely carved, with small in the big feature, reflecting the Ming and Qing dynasties of the South Landscape architecture style is style

Garden is a pearl.

If you wanna to travel Shanghai with the shortest time Watch the most beautiful scenery, Form The Bund to QiPu Road – Yu Garden,do it you will be feel much more enjoyable.

Shanghai Real Estate Market – Time to Invest?

June 8th, 2010 11:41 pm

Shanghai real estate market has experienced a robust growth since 1990s except a few downturns including the 1999 and 2005 dips. Shanghai is generally considered to be a better performer in keeping its pricing during downtime, but Shanghai property sales had also experienced a significant decline during the second half of 2008. Shanghai, however, begins to show signs of improvement and seems to lead this sector to stabilization. Although with declining prices from the peak, it has shown an impressive rebound in new and exiting home sales. The government’s 4 trillion yuan, or $585 billion, stimulus plan will help mobilize private-sector investment in sectors such as real estate, although it relies mostly on government-led infrastructure investment. Given the high housing inventory level in most cities, a rebound in trading volume by no means means an instant price catch up. Time will be needed for adjustment for the real estate industry. Investors and home buyers are never too far away. After a period of waiting and observing, some start to see opportunities and dive in this market. Real estate is key to revival of the world’s third largest economy. Shanghai, China’s largest city and the eighth largest city in the world with several thousands of skyscrapers and its distinguished architecture, is in particular, the source of consumer confidence. A decline in Shanghai represents major instability in the national and global markets, and tends to create negative ripple effects.

Regardless of the current economic slowdown, the Shanghai banking regulator reinforced the second home requirement rule, reiterating that buyers must put at least a 40% down payment for purchasing a second home. This shows government’s disciplined approach in stimulating the real estate market. In general, the government makes lands available for sale primarily through auctions. The companies that purchase the lands will be responsible for building properties and selling the properties to the public. The residents will hold seventy year long property ownership.

Under the current policies, foreigners are entitled to one property if they have worked and lived in Shanghai for at least a year. Besides the residency requirement, they must purchase property only for their own use and can not lease it to others. Shanghai property transaction centers can make up own rules on trading on the basis of these policies, according to Shanghai Municipal Housing, Land and Resource Administration Bureau, and rules and implementation time could vary by district. Restrictions that were imposed on foreign investors from investing in the first tier cities like Shanghai have not been released, but real estate opportunities in the second and third tier cities or Shanghai nearby cities such as Hangzhou, Suzhou, Wuxi, are either open, or not as restricted. One thing to note is that overseas institutions and individuals that have set up a company in China may purchase property for purposes other than their own use. Regardless of economic and market conditions, Shanghai, with its unique historical background, rich cultures and vibrant growth, continues to attract people from all over the country and all over the world.