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How prosperous was Shanghai, known as the first city in the Far East, during the Republic of China?
As we all know, Shanghai is the largest city in China, the financial center and economic center of China, and it also has a high status in the world. It is an international metropolis, but we must know that Shanghai has never been so powerful until now, and it was much more prominent during the Republic of China, because Tokyo and Hong Kong in Asia had not yet risen, and London and new york were world-class metropolises in the world. At this time, Shanghai was called the largest city in Asia, that is, the Far East.

Not only internationally, but also at home, Shanghai at that time was quite outstanding, because other cities in China did not develop, so the gap with Shanghai was quite large. Unlike now, although Shanghai is still ahead of other cities, the gap in all aspects is slowly narrowing. At that time, Shanghai was the only city in China. Before the Republic of China, during the Qing Dynasty, the financial center was originally in Suzhou, which was a national economic and trade center city. Another is Yangzhou. At that time, the economic development of Jiangnan had far surpassed that of the Central Plains, and it was also the richest place in the country, not only in southern Jiangsu and Zhejiang, but also in Huangshan area at that time, which was the birthplace of Huizhou merchants. By the end of the Qing Dynasty, after Shanghai opened its port, it jumped up and expected Suzhou to become the new economic center of the Qing Dynasty.

At that time, many western countries chose Shanghai as a place for trade and investment in the Qing Dynasty. Shanghai soon became a fusion of Chinese and western cultures, and was also called a paradise for adventurers. Anyone who watched the TV series of the Republic of China knows that there were local gangs, many businessmen, old-fashioned cars on the roads, many multinational banks and financial institutions on the Bund, and records were played in cafes. These are all memories of old Shanghai, which may be normal for people now, but in the Republic of China at that time.

At that time, apart from Shanghai, only new york, Paris and London were influential metropolises in the world. At that time, Tokyo had not developed for many years, and Hong Kong was just a small fishing village. Although Shanghai is still the largest city in China and an important financial center in the world, it is far less prominent than in the past, because Shanghai has been transformed into an industrial city again in modern times. On the contrary, it has delayed the financial and economic development of Shanghai. However, in recent years, Shanghai has vigorously developed Pudong New Area and set up a free trade zone, and the same development speed is still very fast. I believe that one day Shanghai will become one of the best international metropolises in the world again.