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What are the advantages of Shanghai Pudong Development Zone? What practical problems can the development of Pudong New Area solve for Shanghai urban area?
1. Unique location advantage. Shanghai has a superior leading position in the coastal areas of China and the Yangtze River basin. In fact, foreign investors, including joint ventures, favor Pudong because of its leading position. Pudong is located in the east of Shanghai, just at the intersection of China coastal midpoint and the Yangtze River estuary, with convenient transportation, vast hinterland and superior geographical position. Pudong coastline accounts for most of the coastline of Shanghai mainland, with good port channel conditions and port collection and distribution system, and strong port throughput. According to statistics, the Yangtze River Delta has undertaken half of the container throughput in China, Shanghai has undertaken half of the container throughput in the Yangtze River Delta, and Pudong has undertaken 70% of the container throughput in Shanghai Port. Relying on the advantages of Shanghai's scientific and technological talents, industrial base and comprehensive service advantages of super-large central cities, Pudong can shoulder the historical mission of promoting the coordinated development of Shanghai, the Yangtze River Delta and the Yangtze River Basin, promoting the coordinated development of the whole country and enhancing the overall function.

2. The characteristic functions are divided into levels and orderly layout. During the Eleventh Five-Year Plan period, the new round of development in Pudong has determined the overall layout of "one axis, three belts and six districts". Relying on four state-level development zones, Pudong New Area has planned six functional zones with reasonable layout and orderly gradient, integrating international finance, trade, modern logistics, high technology, tourism, exhibition and other functional services. Lujiazui Financial and Trade Zone is the only development zone named after financial trade in China, the core functional zone of Shanghai International Financial Center, and the financial center with the largest economic flow and the most perfect service in China. Jinqiao Export Processing Zone is one of the most representative advanced manufacturing bases in Shanghai and even China. Waigaoqiao Free Trade Zone is the only free trade zone in China and the only park in China where wholly foreign-owned trading companies can be established. It integrates various economic functions such as free trade, export processing, logistics and warehousing, and the total economic output, sales revenue and tax revenue are equivalent to the sum of the remaining 14 free trade zones in China.

3. First-class urban infrastructure system in China. Infrastructure construction is an important investment environment for cities, which greatly affects the running quality of urban economy. After 17 years of development and construction, Pudong New Area has made great progress in building a hub-type networked infrastructure system. Over the past 26 years, the total investment in urban infrastructure construction in Pudong has reached 654.38 billion yuan, which has created favorable conditions for improving the investment environment, opening wider to the outside world and enhancing the comprehensive functions of the city. The Shanghai World Expo held at the end of February1and the Universal Studios theme park project in Pudong will greatly promote the faster development of urban infrastructure construction in Pudong. The networked infrastructure system will make Pudong play an increasingly important pivotal role. The construction of Yangshan Deepwater Port will promote the start of Hangzhou Bay Bridge and Shanghai-Chongqing Passage, and help to form a combined port with Shanghai as the center and Jiangsu and Zhejiang as the two wings. The functional, pivotal and networked urban infrastructure system will provide strong support for Pudong's economic development in the new period, not only expanding the connotation of Pudong's export-oriented function, but also laying a solid foundation for Shanghai to become an international economic, financial, trade and shipping center.

4. Relatively complete factor market. Securities, futures, property rights, diamonds, platinum, silver and other factor markets have all settled in Pudong. With the aim of "based on Shanghai, serving the whole country and facing the world", these factor markets have formed a strong comprehensive function radiation, promoted the allocation efficiency and scope of social resources, and provided strong support and services for the economic development of Shanghai, the Yangtze River Delta and even the whole country. The Shanghai Stock Exchange has driven a large number of financial institutions to gather in Pudong, injecting new vitality into the construction of Pudong's financial industry; Shanghai futures market also plays an important role in China, accounting for about half of the national turnover. Copper futures have become one of the three major pricing centers in the world, and rubber futures have also become an important guiding price for production, consumption and circulation in the spot market. Shanghai United Assets and Equity Exchange has become the largest property rights trading institution in China, providing trading services not only for the property rights of state-owned and collective enterprises in Shanghai, but also for the property rights of enterprises in the Yangtze River Delta and Yangtze River Valley, and becoming an important platform for Pudong to release financial services. With its relatively perfect factor market advantages, Pudong has injected great vitality into the rapid economic development.