
The Huangpu River divides Shanghai into two parts: the Puxi area renowned for its historical heritage, and Pudong, with the iconic skyline. Pudong's coworking spaces are an integral part of this skyline, which actually consists of multiple skyscrapers and office towers. But it has not always been like this. It took about 30 years for Pudong to become the area renowned all around the world today. According to experts’ analysis, the story of success of the neighborhood lies in the openness of the region towards reforms and new China’s economic policies. Pudong's coworking offices have emerged in the area as a response to the growing demand for flexible office space arriving from a vast audience of tenants. It was the beginning of the 2000s when the first of the Fortune 500 companies moved to the region, being attracted by the vast base of tech-savvies here. Today, this area is home to more than 400 R&D centers of international companies in the city. About 20% of the entire amount of China's professionals in engineering and research are working in the neighborhood. Many products developed here have made a start from Pudong's coworking venues, making the latter ones incubators for business growth. Apart from having a developed high-tech base, the neighborhood is popular for the Lujiazui district, which is home to China's first stock exchange, which is simultaneously the 5th largest in the world, the first foreign bank branch, the first foreign insurance firm, etc. Today, more than 300,000 professionals work in high-rise buildings here, making the area the center of China's financial industry. A range of Pudong's coworking premises is found in the famous Lujiazui District. So, if you are looking for a top-tier business location and still want to save on the rental costs, consider shared office solutions in Pudong and pick up the matchable one. With the coworking office in Pudong, you can count on having your business established in the most popular geostrategic locations in Shanghai, those that are perfectly linked to the other city's areas by means of transport.