Abstract:

Globalization is bringing about the restructuring of cities and regions worldwide. With the shift of global economic growth center to the Asian Pacific Rim, the emergence of new global cities will be one of the most important characteristics of city development in this area. China has become one of the most potential regions in the East Asia with the most vigorous economy, and Shanghai is greatly possible to become an important global city. On the generalization of the characteristics of global cities, by analyzing specific information—including global capital flow, international trade, multinational corporation headquarters, finance industry, advanced producer services, and international communication etc, it is showed that shanghai is an emerging global city, and the difference between Shanghai and other global cities is also pointed out. In addition, the paper puts forward some strategies for construction of Shanghai involving industrial restructuring, social structure transformation and spatial expansion. In the end, it is concluded that the object of construction of Shanghai is to establish a global manufacturing management center, global communication center, and global financial and trade center.

Key words: globalization, global city, Shanghai