Manya Rathore
Research expert covering India
Residential real estate in Shanghai - statistics & facts
Shanghai is one of the most important metropolises in China. As the industrial and commercial center of the country, the municipality has a prosperous economy, and its residents enjoy a significantly higher standard of living than their fellow citizens from most other regions. The presence of numerous domestic and foreign enterprises in the city has made it highly attractive to internal migrants from other Chinese regions. Meanwhile, as the smallest provincial-level administrative region in mainland China, Shanghai is , with the housing market in the inner city in chronic shortage, making it .
