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Shanghai Change In 20 Years
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It's Lujiazui, a financial district in Shanghai. Lujiazui (simplified Chinese: 陆家嘴; traditional Chinese: 陸家嘴; pinyin: Lùjiāzuǐ) is an important financial district in Pudong, Shanghai. In 2005 the State Council reaffirmed the positioning of the 31.78 km² Lujiazui area, as the only finance and trade zone among the 185 state-level development zones in mainland China.
Lujiazui, which literally means "Lu's Mouth", is located in the Pudong New District on the eastern bank of Huangpu River. It forms a peninsula on a bend of the Huangpu river, which turns from flowing north to flowing east. The importance of Lujiazui stems from the fact that it lies directly across the river from the Bund, the old financial and business district of Shanghai, and just south of the confluence of the Suzhou Creek with the Huangpu River. Until the 1980s, Lujiazui was a relatively low-built area, featuring residential houses, warehouses, and factories.
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