In their speeches , Chinese offcials like to describe Shanghai as the head of the dragon, leading the way in China's market economy development. To many foreign businesses, Shanghai represents a logical introduction to the Chinese market's 1.2 billion consumers. To people in China, Shanghai stands for sophistication and a certain arrogance that comes from being the major cosmopolitan city in the country. To many overseas Chinese, Shanghai is the lost paradise, the nostalgic land of the good life and thriving business.
Shanghai stands for different things to different people.
But one thing for certain about this city is that it always attracts people who love business adventures. By now, people have heard much about the great opportunities in China, especially in its top city. Here is a brief introduction to some of the issues a foreign company will likely face when it plans to operate in Shanghai. The city With a total area of 3,962 square miles, Shanghai has a population of 13 million. In addition, the city hosts a couple of million visitors at any given time.