Shanghai Lujiazui Finance and Trade Development Zone

    Rating     A
    Year of Establishment     1990
    Land Area     31.78 km2
    Location     Pudong New Area, Shanghai
    GDP     RMB 295.45 billion (Jan-Jun 2013)
    FDI     US$4.65 billion (Jan-Jun 2013)
    Utilized FDI     US$2.4 billion (Jan-Jun 2013)
    Major Investors     Standard Charted, Porsche, Citibank, Baosteel, Siemens, Shanghai Stock Exchange, Shanghai Futures Exchange, Shangri-la, Alcatel, Tomson Group, Softbank Corp, GM, HSBC, Itochu, Bank of East Asia, Sun Hung Kai, Shiseido, Komatsu, Hutchison-whampoa, Huaxia Bank, China Merchants Bank, OCBC Bank, Ping An, BNP Paribas, DBS, Banca Intesa S.P.A, Deutsche Bank, Societe Generale, ABN AMRO, JP Morgan Chase, Hang Seng Bank
    Major Industies Encouraged     Finance, Security, Insurance
Source: Shanghai Lujiazui Finance and Trade Development Zone

Shanghai Lujiazui Finance and Trade Development Zone (Shanghai Lujiazui FTDZ) is located in Pudong New Area in the eastern part of Shanghai, and was approved by the State Council as a state-level development zone in 1990. It covers an area of 31.78 sq km, and is the only state-level development zone in China that was named a financial and trade zone. Shanghai Lujiazui FTDZ is close to Jinqiao Export Processing Zone, Zhangjiang High-tech Park and Waigaoqiao Free Trade Zone, which are the three statelevel development zones in the Pudong New Area.

Shanghai Lujiazui FTDZ enjoys a convenient transportation system and is within half an hour’s drive of the Shanghai Railway Station, Shanghai Hongqiao Airport and Shanghai Pudong International Airport. The well-established waterway network in Shanghai helps make Lujiazui FTDZ easily accessible. Shanghai Port was the largest port in China in terms of container traffic in 2012.

Investment Climate
Pudong New Area is an important economic and financial base in Shanghai. In 1990, the central government of China approved the development of Shanghai Pudong. In 2005, the State Council authorized Pudong New Area as a pilot area for comprehensive reforms. In 2012, the contracted FDI in Pudong reached US$2.11 billion, including US$160 milliono in financial sector.

Lujiazui is an important financial district in Pudong New Area, and there are a large number of domestic and overseas financial institutions in the area. Approval from the State Council for constructing the Shanghai Lujiazui FTDZ further affirmed the area’s position as a financial center in Shanghai. Shanghai Lujiazui FTDZ specializes in the banking, securities and insurance industries. By the end of 2012, 662 financial institutions had set up businesses in the zone, including 204 banks, 277 securities institutions and 181 insurance companies. Major foreign investors include Standard Charted, Citibank, HSBC, Hang Seng Bank, ABN AMRO and Bank of East Asia.

There are nearly 200 office buildings in Shanghai Lujiazui FTDZ. They have attracted over 300 multinational companies. Shiseido, Itochu, KAMATSU, Aurora and a further 71 international firms have installed their headquarters in mainland China in the zone. The area has also attracted a large number of international hotel chain giants, such as Shangri-La, Hyatt, Sofitel and Marriott.

Shanghai Lujiazui FTDZ is also home to the Shanghai Stock Exchange, the Shanghai Futures Exchange, the Shanghai United Assets and Equity Exchange and the Shanghai Real Estate Exchange Center. The Shanghai Stock Exchange, set up in 1990, is the larger of China’s two stock exchanges, the other being the Shenzhen Stock Exchange. In the first six month of 2013, the GDP hit RMB 295.45 billion, the utilised FDI hit US$2.4 billion, and the foreign trade reached US$116.2 billion.

Investment Cost
Winning Edge and Limitation
Winning Edge
  • Lujiazui is the financial center in Shanghai.
  • A large number of multinational financial institutions have commenced business there.
  • The zone enjoys good infrastructure and convenient transportation.

  • Investment and operating costs are high, while land availability is low.
  • The zone faces competition from other development zones in Shanghai and from the Beijing Financial Street.

Address: No. 981, Pudong Street, Shanghai, P.R. China 200135
Tel: +86-21-58878888
Fax: +86-21-58877100
Website: (English version) (Chinese version)
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