Lujiazui Financial City (Lujiazui Finance & Trade Zone) was established shortly after the Pudong reform in 1990. By 2015, Lujiazui Financial City had become an important part of China (Shanghai) Pilot Free Trade Zone. After nearly 30 years of reform, Lujiazui has become a district characterized by the most robust financial system, the most active trade, and the most densely packed corporate headquarters to support a factor market. Supported by deregulation and driven by innovation, Lujiazui is assuming its role as a pioneer of our times.
Lujiazui will compare the first international financial city, accelerate the construction of a global RMB financial asset allocation center, a world-class headquarters gathering the highlands, an international demonstration zone of the first-class business environment and make it a core area of Shanghai international financial center and a first-class international financial city that matches China’s international status.
In 2020, the GDP of Lujiazui region exceeded 500 billion yuan, of which the added value of the financial industry reached 358.5 billion yuan, an increase of 123.2% compared to the end of the “twelfth five-year plan.”
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