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The economic development of Shanghai with special emphasis on financial aspects.

by Gladys Yue Wing-fan, Eric Liu Tai-loi. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1994. / Includes bibliographical references (leaves 128-133). / ABSTRACT --- p.ii / TABLE OF CONTENTS --- p.v / LIST OF TABLES --- p.viii / ACKNOWLEDGMENTS --- p.ix / CHAPTERS / Chapter I. --- INTRODUCTION --- p.1 / Chapter II. --- METHODOLOGY --- p.5 / Researching Publications --- p.5 / Attending Seminar --- p.6 / Conducting Interviews --- p.6 / Chapter III. --- SHANGHAI --- p.8 / Background Information --- p.8 / The New Development Areas of Shanghai --- p.10 / Hongqiao New Area --- p.11 / Caohejing --- p.11 / Minhang --- p.12 / Pudong 一 Manhattan of the East --- p.12 / Waigaoqiao-Gaoqiao Sub-Area --- p.14 / Qingningsi-Jinqiao Sub-Area --- p.15 / Liujiazui-Huamu Sub-Area --- p.16 / Zhoujidu-Liuli Sub-Area --- p.16 / Beicai ´ؤ Zhangjiang Sub-Area --- p.17 / Preferential Treatment for Investors in Pudong New Area --- p.17 / Statistics of Pudong --- p.20 / Chapter IV. --- INDUSTRIAL MIX OF SHANGHAI --- p.22 / Seven Pillar Industries --- p.22 / Foreign Investment --- p.24 / Favorable Investment Environment --- p.24 / Area for Improvement --- p.27 / Chapter V. --- TERTIARY INDUSTRY OF SHANGHAI --- p.29 / Retail Market --- p.29 / China Market --- p.29 / Shanghai Retail Market --- p.30 / Big Spenders --- p.31 / Hong Kong Seizes the Opportunities --- p.33 / Prospects of Retail Market --- p.33 / Financial Business --- p.34 / A Financial Centre in the Making --- p.34 / Merrill Lynch --- p.36 / Commodities Exchanges --- p.37 / Real Estate --- p.38 / Two Prongs Policy --- p.38 / Residential Space --- p.39 / Office Space --- p.40 / Retail Space --- p.41 / Chapter VI. --- GROWTH OF SHANGHAI --- p.42 / Grand Development Strategy --- p.42 / Tertiary Industry --- p.45 / Development Strategy --- p.47 / Threats / Chapter VII. --- FINANCIAL CENTRE IN SHANGHAI - INDISPENSABLE FOR CHINA IN THE PROCESS OF ECONOMIC DEVELOPMENT --- p.53 / Fund for Development for China --- p.53 / Shanghai Assuming an Important Role --- p.54 / Chapter VIII. --- SHANGHAI FINANCIAL INDUSTRY - A CLOSER LOOK --- p.56 / The Shanghai Securities Market --- p.56 / Shanghai Securities Exchange --- p.56 / The Investors have Come of Age --- p.58 / A Tale of Two Cities --- p.59 / STAQ --- p.61 / Banking --- p.62 / Earlier Banking Reforms --- p.62 / Banking in Shanghai --- p.66 / Major Banks --- p.66 / City of Choice --- p.66 / New National Banking Laws and Opportunities for Shanghai --- p.67 / Major Players in Shanghai Financial Market --- p.69 / New Development --- p.70 / Expansion of the Shanghai Securities Exchange --- p.71 / Secondary Overseas Listing --- p.71 / National Foreign Exchange Centre --- p.71 / ADR Representative Office --- p.73 / CDR (Chinese Depository Receipt) --- p.73 / Year 2000 --- p.74 / Chapter IX. --- "A, B, H SHARES RED CHIPS AND THE ROLE OF HONG KONG" --- p.75 / B shares --- p.75 / Distinction Beween H Shares and Red Chips --- p.78 / Red Chips --- p.78 / H Shares --- p.79 / Strategic Importance of Listing/Acquisition of Companies in Hong Kong to China --- p.79 / ADR --- p.80 / "Comparison of A, B and H Shares" --- p.81 / B Shares are Losing Ground --- p.81 / Importance of H Shares to Hong Kong --- p.82 / Chapter X. --- FIELD WORK AND RESEARCH --- p.85 / Position of Hong Kong --- p.86 / Comparison between Shanghai & Hong Kong --- p.88 / Financial Knowledge/Skilled Personnel --- p.88 / Staff Turnover --- p.89 / Recruitment --- p.90 / Standard International Practice --- p.90 / Guanxi/Bureaucracy --- p.90 / Telecommunication IInfrastructure --- p.91 / Shanghai Surpassing Hong Kong as the Major Financial Centre --- p.91 / Problems Facing Shanghai in the Course of Developing its Financial Market --- p.98 / Lack of Free Competition --- p.98 / Inherited Banking Problems of a Centrally Planned Economy --- p.100 / Lack of Well Written Regulations and Legal Structure --- p.102 / Unclear Directions --- p.103 / Inconvertibility of RMB --- p.105 / Government Intervention --- p.106 / Lack of a Powerful Central Bank --- p.107 / Developing/Immature Market --- p.107 / Cumbersome Administrative System --- p.109 / Accounting Practice --- p.110 / Inexperienced Workforce --- p.111 / Space Shortage --- p.113 / Infrastructure --- p.114 / Escalating Labor Cost --- p.115 / No Freedom of Information Dissemination --- p.115 / Potential Competition from other cities --- p.116 / Chapter XI. --- CONCLUSION --- p.118 / APPENDIX / Chapter 1. --- MAP OF SHANGHAI --- p.120 / Chapter 2. --- MAP OF NEW DEVELOPMENT AREAS OF SHANGHAI --- p.121 / Chapter 3. --- VARIOUS FORMS OF FOREIGN INVESTMENT --- p.122 / Chapter 4. --- OUTLINE OF THE INTERVIEW QUESTIONS --- p.124 / BIBLIOGRAPHY --- p.128

Identiferoai:union.ndltd.org:cuhk.edu.hk/oai:cuhk-dr:cuhk_319270
Date January 1994
ContributorsYue, Wing-fan Gladys., Liu, Tai-loi Eric., Chinese University of Hong Kong Graduate School. Division of Business Administration.
PublisherChinese University of Hong Kong
Source SetsThe Chinese University of Hong Kong
LanguageEnglish
Detected LanguageEnglish
TypeText, bibliography
Formatprint, ix, 133 leaves : ill. ; 30 cm.
CoverageChina, Shanghai, Shanghai (China)
RightsUse of this resource is governed by the terms and conditions of the Creative Commons “Attribution-NonCommercial-NoDerivatives 4.0 International” License (http://creativecommons.org/licenses/by-nc-nd/4.0/)

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