Bologna vs Shanghai

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Bologna (, UK also , Italian: [boˈloɲɲa] (listen); Bolognese: Bulåggna [buˈlʌɲːa]; Latin: Bonōnia) is the capital and largest city of the Emilia-Romagna region in Northern Italy. It is the seventh most populous city in Italy with about 390,000 inhabitants and 150 different nationalities. Its metropolitan area is home to more than 1,000,000 people.Originally Etruscan, the city has been one of the most important urban centres for centuries, first under the Etruscans (who called it Felsina), then under the Celts as Bona, later under the Romans (Bonōnia), then again in the Middle Ages, as a free municipality and signoria, when it was among the largest European cities by population. Famous for its towers, churches and lengthy porticoes, Bologna has a well-preserved historical centre, thanks to a careful restoration and conservation policy which began at the end of the 1970s. Home to the oldest university in the Western world, the University of Bologna, established in AD 1088, the city has a large student population that gives it a cosmopolitan character.

In 2000 it was declared European capital of culture and in 2006, a UNESCO "City of Music" and became part of the Creative Cities Network.Bologna is an important agricultural, industrial, financial and transport hub, where many large mechanical, electronic and food companies have their headquarters as well as one of the largest permanent trade fairs in Europe. According to the most recent data gathered by the European Regional Economic Growth Index (E-REGI) of 2009, Bologna is the first Italian city and the 47th European city in terms of its economic growth rate. As a consequence, Bologna is also one of the wealthiest cities in Italy, often ranking as one of the top cities in terms of quality of life in the country: in 2020 it ranked 1st out of 107 Italian provinces.

Source: Wikipedia

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Shanghai (Chinese: 上海, Shanghainese pronunciation: [zɑ̃̀.hɛ́] (listen), Standard Mandarin pronunciation: [ʂâŋ.xài] (listen)) is one of the four direct-administered municipalities of the People's Republic of China. It is under the direct administration of the State Council of China. The city is located on the southern estuary of the Yangtze, with the Huangpu River flowing through it. With a population of 24.28 million as of 2019, it is the most populous urban area in China and the second most populous city proper in the world. Shanghai is a global center for finance, technology, manufacturing, and transportation, and the Port of Shanghai is the world's busiest container port. Originally a fishing village and market town, Shanghai grew in importance in the 19th century due to trade and its favorable port location. The city was one of five treaty ports forced open to foreign trade after the First Opium War. The Shanghai International Settlement and the French Concession were subsequently established. The city then flourished, becoming a primary commercial and financial hub of the Asia-Pacific region in the 1930s. During the Second Sino-Japanese War, the city was the site of the major Battle of Shanghai. After the war, with the CPC takeover of mainland China in 1949, trade was limited to other socialist countries and the city's global influence declined. In the 1990s, economic reforms introduced by Deng Xiaoping resulted in an intense redevelopment of the city, especially the Pudong New Area, aiding the return of finance and foreign investment.

The city has since re-emerged as a hub for international trade and finance; it is the home of the Shanghai Stock Exchange, one of the largest stock exchanges in the world by market capitalization and the Shanghai Free-Trade Zone, the first free-trade zone in China. Shanghai is classified as an Alpha+(global first tier) city, making it one of the world's Top 10 major cities together with Hong Kong and Beijing in China by the Globalization and World Cities Research Network. Shanghai is a global financial center, ranking first in Asia and third globally (after New York and London) in the Global Financial Centres Index.Shanghai is an international center of research and development and is ranked 5th globally and 2nd in Asia (after Beijing which ranks 1st globally) by scientific research, as tracked by the Nature Index. The city is home to highly ranked institutions in Asia and the world such as Fudan University, Shanghai Jiao Tong University, Tongji University, and East China Normal University. Shanghai has been described as the "showpiece" of the booming economy of China. Featuring several architecture styles such as Art Deco and shikumen, the city is renowned for its Lujiazui skyline, museums and historic buildings—including the City God Temple, Yu Garden, the China Pavilion and buildings along the Bund. Shanghai is also known for its sugary cuisine, distinctive dialect and vibrant international flair. Every year, the city hosts numerous national and international events, including Shanghai Fashion Week, the Chinese Grand Prix and ChinaJoy.

Source: Wikipedia