{"id":24691,"date":"2016-09-02T12:44:43","date_gmt":"2016-09-02T05:44:43","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-will-shanghai-look-like-in-2040\/"},"modified":"2016-09-02T12:57:52","modified_gmt":"2016-09-02T05:57:52","slug":"what-will-shanghai-look-like-in-2040","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-will-shanghai-look-like-in-2040\/","title":{"rendered":"What will Shanghai look like in 2040?"},"content":{"rendered":"


\nWe would be looking at a more eco-friendly, less overpopulated metropolis
\nMore greenery, less air pollution for Shanghai in 2040. Iakov Kalinin \/ shutterstock
\nWith its futuristic skyscrapers and historic allures, Shanghai can go toe to toe with the world\u2019s best cities. Now it\u2019s angling to become a smart city.
\nAmbitious changes are in store for the metropolis by the year 2040, according to a master plan revealed by the Shanghai municipal government to reporters last week. Zhuang Shaoqin, director of the city\u2019s planning, land and resources administration, vowed to create \u201can excellent global city, an international economic, finance, trade, shipping and scientific innovation center, as well as a cultural metropolis.\u201d
\nTo that end, Shanghai will set a ceiling for population growth to 25 million in 2040, the same target set for 2020. For perspective, Shanghai\u2019s populace stood at 24.3 million in 2014.
\n\u201cThe establishment of a population red line will enhance the development of a smart city,\u201d Irene Wang, CBRE Eastern China consulting head, said. \u201cFiguring out how to optimize new structural demands and create a better life for people in the city will become the new direction for real estate planning and projects in the future.\u201d
\nMore: This was how Shanghai home buyers reacted to last week\u2019s tightening talks
\nShanghai will also limit the land area allotted for construction to 3,200 square kilometres \u2014 200 sq km of which will be designated \u201creserved blank land.\u201d In a thrust to become an \u201cinnovative, humanistic and eco-friendly city,\u201d the city will offer 15 square metres of public green space per capita and increase forest coverage to 25 percent.
\nThe city is also planning to reduce the average density of the pollutant PM2.5 to 20 micrograms per cubic metre. Average commuting times will be slashed to under 40 minutes, aided in part by the addition of some 1,000 km of subway lines.
\n\u201cAlthough there is still room for improvement compared to New York, London, Paris and Tokyo, Shanghai has already taken a solid first step towards reaching the top tier global cities,\u201d Wang said.
\nRead next: How China\u2019s luxury homes are proud to be Chinese again
\n
\nSource : property-report.com
\nRead more…What will Shanghai look like in 2040?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

We would be looking at a more eco-friendly, less overpopulated metropolis More greenery, less air...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-24691","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-6qf","jetpack-related-posts":[{"id":37952,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-luxury-homes-get-smaller-while-prices-get-ever-greater\/","url_meta":{"origin":24691,"position":0},"title":"Shanghai luxury homes get smaller while prices get ever greater","date":"December 13, 2016","format":false,"excerpt":"\r Is Shanghai the new Hong Kong? Shanghai home values are among the world\u2019s fastest-growing. shanghainese\/Shutterstock What do you do when prevailing market prices of homes are skyrocketing at double-digit rates? You build them smaller, of course. Saddled with one of the hottest real estate markets in the world, property\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26063,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-police-detain-suspects-over-rumours-that-sparked-home-buying-chaos\/","url_meta":{"origin":24691,"position":1},"title":"Shanghai police detain suspects over rumours that sparked home-buying chaos","date":"September 14, 2016","format":false,"excerpt":"\r Law enforcers find the root of gossip which led to wide-spread panic Rumours swirled in Shanghai of tightened home lending rules, which led to a panic buying spree and some divorces. Fan jianhua \/ Shutterstock Shanghai authorities have identified the originator of rumours that the Chinese government will tighten\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41068,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/4-of-the-worlds-fastest-changing-cities-are-in-asia\/","url_meta":{"origin":24691,"position":2},"title":"4 of the world\u2019s fastest-changing cities are in Asia","date":"January 18, 2017","format":false,"excerpt":"\r Dynamic all the way A digital painting of Chinatown in Thailand. nasidastudio\/Shutterstock The dynamism of Asia, or its urban cities, is once again out in the open with Jones Lang LaSalle\u2019s newest annual City Momentum Index (CMI) report, out in February. The report\u2019s latest list of the World\u2019s Most\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137940,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-home-sellers-forced-to-offer-big-discounts-as-transaction-volume-slides-amid-bearish-economic-forecasts\/","url_meta":{"origin":24691,"position":3},"title":"Shanghai home sellers forced to offer big discounts as transaction volume slides amid bearish economic forecasts","date":"June 25, 2023","format":false,"excerpt":"\r Homeowners in the metropolis are cashing out because they are betting prices will fall further amid bearish economic forecasts.\r \r Source : South China Morning Post\r Read more...Shanghai home sellers forced to offer big discounts as transaction volume slides amid bearish economic forecasts","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25853,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-residential-market-to-stay-strong-in-2017-says-citigroup\/","url_meta":{"origin":24691,"position":4},"title":"China\u2019s residential market to stay strong in 2017, says Citigroup","date":"September 12, 2016","format":false,"excerpt":"\r Don\u2019t expect any tightening in liquidity, assures leading property research analyst Shanghai lights. iakov kalinin\/Shutterstock China\u2019s housing market will remain strong next year according to Citigroup, despite reaching new highs in 2016 with the central government making moves to maintain market sentiment while clearing oversupply in smaller cities. \u201cUnsold\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48966,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/k-wah-international-reports-2016-underlying-profit-up-113pc-lifted-by-robust-sales\/","url_meta":{"origin":24691,"position":5},"title":"K Wah International reports 2016 underlying profit up 113pc, lifted by robust sales","date":"March 21, 2017","format":false,"excerpt":"\r K Wah International Holdings reported 2016 underlying profit jumped 113 per cent to HK$2.8 billion (US$360.53 million), lifted by robust property sales in Hong Kong and the mainland. The mid-sized developer said profit attributable to equity holders rose to HK$3.18 billion, compared to HK$1.37 billion a year earlier, according\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/24691"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=24691"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/24691\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=24691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=24691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=24691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}