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Shanghai offers students an unparalleled opportunity to experience China in a city undergoing economic rebirth and revitalization. Shanghai is the place to be to witness the economic and socio-cultural transformations of modern China (as well as to observe the disparities that remain). Shanghai has traditionally been one of the most important financial and business centers of Asia, and is becoming known as "the Wall Street of the East". After the Second World War and the establishment of the People's Republic of China, foreign investment was discouraged. Today, however, Shanghai is again a multinational hub of finance and business and one of the world's major financial centers.
Check out this interactive map of the Alliance's resources across Shanghai:
View Alliance On Location: Shanghai in a larger map.
Shanghai is a remarkable phenomenon in the evolution of global metropolises today. There is no place like this once sleepy fishing town which has become the largest city in China and the country's most important commercial, financial, and industrial center. One must experience Shanghai to begin to comprehend this diverse and constantly changing nation. Pudong (in eastern Shanghai) was the site of the 2010 World Expo. The entire city is still buzzing with excitement about welcoming 73 million domestic and international visitors.
The campus neighbourhood, located directly within the center of Shanghai’s university district, is lined with numerous small shops and restaurants to serve the transient student population. Within two blocks of student housing, you can find many small shops and cafes as well as the cuisines of Xinjiang, Hunan, Sichuan, Korea, Japan, Mexico, the U.S.A., and more.
Just a short distance from campus is Wujiaochang (五角场), a long-standing commercial node that has undergone a dramatic makeover in recent years. Today you will find two large shopping malls with scores of shops and restaurants of all kinds, including electronics, books, clothing, a movie theater, KTV, numerous bakeries, Starbucks, Wal-Mart, Watson’s, and a Shanghai No. 1 Food Mart. You’ll also find H&M, Haagen Daz, and Sephora all in a row, as well as The Bank of China, ICBC, and ATM machines for China Construction Bank, Merchants Bank, and others. While lacking in student hangouts and cultural activities this neighborhood is not, at Wujiaochang students can easily catch metro line 10 downtown to experience the rest of what this exciting metropolis has to offer.
The Shanghai University of Finance and Economics (上海财经大学), founded in 1917, is a multi-dimensional university with a core focus on applied economics and management and offering majors in law, philosophy, as well as humanities. SUFE, home to 24,000 students on two campuses, is administered by the Chinese Ministry of Education and has recently been selected as one of the "21st Century's Key Universities in China." It is the number one ranked finance and economics university in China.