Why the Shanghai World Financial Center Was Built

Part of Pudong's Transformation

The SWFC was a centerpiece of the Pudong New Area development (launched 1990s) to create a new financial district across the Huangpu River from historic Shanghai.

Specific Objectives

1. World-class financial hub: Compete with Hong Kong, Singapore.
2. Premium office space: For banks, investment firms, consultancies.
3. Tourist attraction: 100th-floor observation deck with panoramic views.
4. Economic catalyst: Construction and operations spurred jobs and growth.

The tower symbolizes Shanghai's rise as a global financial center.