Shanghai Municipality Translation "Above the Sea" Located at the mouth of the Yangzi River, Shanghai is the industrial and commercial capital of China. It is China's largest container port. With just over one per cent of the population Shanghai produced over five per cent of the total industrial output. The main industrial strengths are cars, petrochemicals, large-scale machinery, electronics, and the iron and steel industries. It is China's leading producer of steel, cars, tractors, bicycles, sewing machines, and synthetic detergents. One problem in Shanghai is the high land and labor costs. The cost of living in Shanghai is 27% higher than New York. Bernice and spent some time here but it is just too crowded for us. |