Why Does Shanghai Look So Developed Despite a Lower GDP Per Capita?
Why Does Shanghai Look So Developed Despite a Lower GDP Per Capita? Shanghai is one of the most visually impressive cities in the world. Its skyline is packed with futuristic skyscrapers, its subway system stretches across the entire metropolitan area, and neighborhoods that were relatively undeveloped only a few decades ago now resemble scenes from a science-fiction movie. That creates an obvious question for many visitors: why does Shanghai look so developed when its GDP per capita is still significantly below that of many Western European cities? The answer is that GDP per capita and visible urban development measure very different things. Shanghai’s appearance reflects decades of concentrated infrastructure investment, lower construction costs, massive population scale, and unusually rapid modernization. Understanding those factors helps explain why Shanghai can look wealthier than the income statistics might suggest. 1. Shanghai Invests Heavily in Visible Infrastruct...