Back in 2010, Shanghai was a scene of jubilation because of the World Expo 2010, and many people got to know a bearded Spanish man called Vicente G. Loscertales, Secretary General of the Bureau International des Expositions (BIE). Eight years later, at the World Expo Museum, Mr. Loscertales came back to Shanghai again.
Sitting in his office on the 50th floor of the Shanghai World Financial Center, the city’s second tallest skyscraper, Albert Kong Ping Ng, EY’s China Chairman and Greater China Managing Partner, is a witness to the speed and level of Shanghai’s development since the reform and opening up.
Since the Reform and Opening up in China 40 years ago, Shanghai has seen a huge influx of foreigners into the city and a lot of international communities have emerged in response to this trend. As the city’s desire for overseas high-end talents grows, more foreigners and expatriates are expected to move to Shanghai in the future. It is a challenging and urgent task for local authorities and community workers to create a good living environment for these foreigners and expatriates.
At the Annual Conference of the Boao Forum for Asia (BFA) held in April, 2018, Chinese President Xi Jinping delivered a keynote speech, announcing to the world a range of major initiatives including the wider opening up of the financial industry. As an attendee of the forum, Toyoki Oka, Chairman of Mizuho Bank China and Executive Officer of Mizuho Bank, was very excited, believing that China’s policies to allow more foreign investment in banking and securities firms and its plan to scrap limits on foreign holdings in asset management companies are very attractive and welcoming in the long run.
As a scholar, Steve J. Kulich is Executive Director of Shanghai International
Studies University’s (SISU) Intercultural Institute (SII) and engages in
research on intercultural values and identity.
"…The starlight leads the way; listen to the whisper of the breeze; I am pursuing my dream with zest; my dream is peace…", when the music started and Tanimura Shinji sang the Chinese version of his famous song "Star", the audience burst into a resounding chorus of applause.