1990 Shanghai received official approval to develop and support from the central government to the Pudong New Area, the new focus of economic development. In the heart of the Pudong development project were the four areas for development, the Lujiazui Finance and Trade Zone, the Jinqiao Export Processing Zone, Waigaoqiao Free Trade Zone, and the Zhangjiang Hi-Tech Park. While Pudong boasted a tenfold increase in GDP from 1990 to 1997, only one-third of the land had been sold and many proje … Read more »

1990 Shanghai received official approval to develop and support from the central government to the Pudong New Area, the new focus of economic development. In the heart of the Pudong development project were the four areas for development, the Lujiazui Finance and Trade Zone, the Jinqiao Export Processing Zone, Waigaoqiao Free Trade Zone, and the Zhangjiang Hi-Tech Park. While Pudong boasted a tenfold increase in GDP from 1990 to 1997, only one-third of the land was sold, and many projects have been stopped or delayed.
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from
Michael J. Enright,
Andrew Lee
Source: University of Hong Kong
26 pages.
Release Date: 1 January 1999. Prod #: HKU097-PDF-ENG
Pudong New Area, Shanghai HBR case solution

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