The two cities may be separated by more than 5,000 miles but recently, during George Osborne’s visit to China, it was announced that London and Shanghai are looking into the feasibility of a stock exchange connect scheme.
The scheme would connect two of the world’s largest stock exchanges and create a greater economic bond between two powerhouses from the East and West.
The Shanghai Stock Exchange actually edges out its London counterpart in terms of total market capitalisation but how do the two cities compare in terms of weather, population and average salary?
This week, we take a look at London vs. Shanghai.
London
Founded: 43 AD
Area: 607 sq. mi
Population: 8.6 million
Population per square mile: 14,168 people per sq. mile
Tallest Structure: The Shard 306m
Stock Exchange: London Stock Exchange
Stock Exchange Founded: 1801
Total Market Cap (£B): £4.2 Trillion
Hottest month: July 23 °C
Coldest Month: January 2 °C
Wettest Month: November 2.5 in’ of rain
Number of tube stations: 268
Number of London underground lines: 11
Busiest airport: London Heathrow Airport - 73,408,442 passengers in 2014
Average salary: £35,172 (¥344,769)
Number of London serviced apartments on SilverDoor website: 10,233
Shanghai
Founded: 1292
Area: 2,448 sq. mi
Population: 24.2 million
Population per square mile: 9,900 people per sq. mile
Tallest Structure: Shanghai Tower 632m
Stock Exchange: Shanghai Stock Exchange
Stock Exchange Founded: 1990
Total Market Cap: £5.5 Trillion
Hottest month: July 22 °C
Coldest Month: January 2.1 °C
Wettest Month: August 8.4 in’ of rain
Number of metro stations: 337
Number of metro lines: 14
Busiest airport: Shanghai Pudong International Airport – 51,651,800 passengers in 2014
Average salary: ¥72,300 (£7,470)
Number of Shanghai serviced apartments on SilverDoor website: 8,500
