Shanghai's Dual Circulation: How China's Financial Hub Balances Global Ambitions with Regional Integration Section 1: The Dual Circulation Engine• Global Financial Hub:- Processes 38% of China's cross-border financial transactions- Hosts Asia's largest clearing center for RMB offshore trading- 143 new foreign financial institutions established in 2024
Shanghai's Quantum Leap: Orchestrating Global Cityhood in the 21st Century Dual Foundations: From Canal Networks to Quantum Grids Shanghai's urban evolution follows three revolutionary paradigms: 1. Imperial Hydrology (11th-19th Century) - Grand Canal's 1,800km water network connecting Hangzhou Bay to Huangpu River