Shanghai is a difficult place to describe. It’s big, brash and noisy – it demands that you pay attention! I have had a couple of days to reflect on what I saw this time. And what I learned.
Although a couple of weeks ago was my second trip it takes you a while to adjust and comprehend the place. But to put some things in context:
* 21 million people live in Shanghai – 1.3 billion in China as a whole.
* GDP growth in China has been 11.2% on average for the period 2006-2010 – the Government target is 7% over the next 5 years.
* China is now the Worlds second largest economy (the US is still the largest)
* The UK imports £24bn each year but only exports £7bn – the UK Government want this to equalise.
* Inflation is running at 4.9%
* By 2015 half of the Worlds building will be taking place in Shanghai.
* 400 new Cities are being built and their average size will be the size of Birmingham!
* 15 million people are moving away from the Countryside to the Cities each year – by 2020 900m people will live in Cities.
* China was the largest producer of CO2 in the World in 2020
It is quite difficult to comprehend the sheer scale of what is going on here. I find it hard to explain in words – even looking at some of the brochures I brought back don’t really explain it. We just don’t see ‘development’ like this here in the UK. I’m not sure it is happening anywhere else in the World in this manner.
So is it good?
One of the speakers at the Conference I attended was quite damning – he raised the issues of corruption – there are four or five construction companies doing all of the work. Someone is getting very rich.
Then there is the ‘green’ aspect – and you can’t help but wonder if there is lip service being paid to the issues. On more than one occasion I heard stories about the ‘green features and standards being designed in, but not bult in. The latter simply because there is so much going on it cannot be all checked.
But my real issue is that when you peel back behind the veneer some of these buildings are not actually very good. Whilst we might develop buildings for 65-80 years, I am not convinced that the stuff being thrown up is at that standard. I wonder if they will last 20-25 years! I will return to this point again I think….









