Situated in the center of Pudong New Area in the eastern part of Shanghai, covering the total area of 31-square-kilometers, Lujiazui Finance and Trade Development Zone (Lujiazui FTDZ) was approved by the State Council to be the only one state-level development zone named the financial and trazde zone in 1990s. Lujiazui FTDZ is adjacent to jinqiao Export Processing Zone, Zhangjiang High-Tech Park and Waigaoqiao Free Trade Zone, which are the three state-level development zones in the Pudong New Area.
Shanghai Lujiazui FTDZ has a convenient transportation system, and is within half an hour's drive to Shanghai Railway Station, Shanghai Hongqiao Airport and Shanghai Pudong International Airport, which connect the zone with other major domestic and international cities.
The well-established waterway network in Shanghai makes Lujiazui FTDZ easily accessible. Shanghai Port is the busiest port in the world. In 2007, it handled 560 million tons of cargo and 26.2 million TEUs, ranking first in the world in terms of cargo traffic and ranking second after Singapore in terms of container throughput in 2007.
In 2008, the Shanghai World Financial Center, a supertall skyscraper in Shanghai, is opened and claims to be the highest roof in China with the measurements of 492m height.