Dongfang Road
Lujiazui (simplified Chinese: 陆家嘴; traditional Chinese: 陸家嘴; pinyin: Lùjiāzuǐ), formerly known as Lokatse from its pronunciation in Shanghainese, is a locality in Shanghai, a peninsula formed by a bend in the Huangpu River. Since the early 1990s, Lujiazui has been developed specifically as a new financial district of Shanghai. The decision to earmark Lujiazui for this purpose reflects its location: it is located on the east side of the Huangpu River in Pudong, and sits directly across the river from the old financial and business district of the Bund.
Lujiazui is a national-level development zone designated by the government. In 2005 the State Council reaffirmed the positioning of the 31.78 km² Lujiazui area as the only finance and trade zone among the 185 state-level development zones in mainland China.
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Famous quotes containing the word road:
“Evil can be got very easily and exists in quantity: the road to her is very smooth, and she lives near by. But between us and virtue the gods have placed the sweat of our brows; the road to her is long and steep, and it is rough at first; but when a man has reached the top, then she is easy to attain, although before she was hard.”
—Hesiod (c. 8th century B.C.)