Shanghai is a major Chinese municipality and global metropolis situated on the Yangtze River Delta. It functions as a direct-administered city and is one of the most populous urban areas in the world, with its city proper housing nearly 25 million people. The city is a pivotal hub for finance, business, and trade, supported by the world's busiest container port.
The city's significance stems from its immense economic and cultural influence. It is a leading global center for finance, research, and manufacturing, with its metropolitan area generating a gross metropolitan product of nearly 13 trillion RMB as of 2022. This economic power, combined with its role in tourism and transportation, solidifies its status as a key node in the global economy.
Recently, Shanghai has been featured in news headlines concerning its international business and transportation sectors. Reports have highlighted its growing prominence in areas such as intellectual property licensing and legal services. Concurrently, the city's aviation links have been in the news due to significant operational disruptions and route cancellations affecting major airlines and airports.
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