Proposals for development of an internationally competitive service sector in ShanghaiIris Kong
Proposals for development of an internationally competitive service sector in Shanghai
SQW, together with two other UK-based consultancies with regional offices in Hong Kong (GMI and Shankland Cox), were commissioned to formulate plans for reform of the service sector in Shanghai and redevelopment of the central commercial area of the city. The main objective was to facilitate the growth of Shanghai as an international financial and business centre for China, and of a wide range of services to support rapid industrialisation and economic development in the Yangtse Basin, a region with a population of 300 million of which Shanghai is the natural gateway city. The immediate catalyst for city centre redevelopment was the construction of an underground rail system, which has created substantial pressure for renewal. A plan for the central area was therefore required to ensure development of a modern business environment, but also to ensure conservation of the best of the urban heritage.