Roadmap to a global crossroad for commerce and trade...
While my previous blog post was about the history and 100th anniversary of Shanghai's Hongqiao airport, this post is about the ambitious future of Hongqiao district in next decades.
As the Greater Bay Area in the South of China is profiling towards a 𝗴𝗹𝗼𝗯𝗮𝗹 𝗵𝗶𝗴𝗵-𝘁𝗲𝗰𝗵 𝗮𝗻𝗱 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 𝗵𝘂𝗯 with flagship metropole Shenzhen and consisting of 9 cities and 2 special administrative regions, Shanghai delivered a blueprint earlier this month to develop a 𝗴𝗹𝗼𝗯𝗮𝗹 𝘁𝗿𝗮𝗱𝗲 𝗮𝗻𝗱 𝗰𝗼𝗺𝗺𝗲𝗿𝗰𝗲 𝗵𝘂𝗯.
The 7,000 km2 'Hongqiao International Open Hub' will consist of a global business area, international trade centers and will serve as a major transportation and distribution hub.
Backed up by the Yangtze River Delta (YRD) Economic Region with 22 metropoles and about 140 million people, the hub has the ambition to become the crossroad for global flows of freight, commerce, trade, people and capital.
Scheduled to complete at 2035, the hub is set to elevate the opening up of China for foreign companies, people, and investment by creating new roadmaps, infrastructure and conditions to support the integration of global business and people.