Wendy Zhang/ Shanghai Daily news

More than 50 local consuls from 27 countries visited Pudong yesterday, appreciating the great changes taking place in Pudong for the last 15 years.
"Facing such challenges as rising business costs and shrinking land resources, we will further improve industrial structure and innovation capabilities in the Pudong New Area," said Du Jiahao, Party Secretary of the Pudong District government.
Replying to a question on the real estate situation in Pudong raised by Mr. Chia Tuck Keong, Singapore Consul-General, Pudong Governor Zhang Xuebing said they will maintain a healthy and stable development in the local real estate market and offer plenty of mid and low-priced homes to avoid excessive speculation.