Leeds vs Shanghai

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Leeds is the largest city in the county of West Yorkshire in Northern England, approximately 170 miles (270 km) north of central London. Leeds is the cultural, financial and commercial heart of the West Yorkshire Built-up Area (2011 census classification), the UK's fourth-most populous urban area with a reported population of 1.8 million in 2013.The city is served by five universities, has the UK's fourth-largest student population and the country's fourth-largest urban economy.It has one of the most diverse economies of all the UK's main employment centres and has seen the fastest rate of private-sector jobs growth of any UK city. It also has the highest ratio of private to public sector jobs of all the UK's Core Cities, with 77% of its workforce working in the private sector. Leeds has the third-largest jobs total by local authority area, with 480,000 in employment and self-employment at the beginning of 2015. Leeds is ranked as a "High Sufficiency" level city by the Globalization and World Cities Research Network.Leeds was a small manorial borough in the 13th century, becoming a major centre for the production and trading of wool in the 17th and 18th centuries, then a major mill town during the Industrial Revolution; wool was still the dominant industry, but flax, engineering, iron foundries, printing, and other industries were also important. From being a market town in the valley of the River Aire in the 16th century, Leeds expanded and absorbed the surrounding villages to become a populous urban centre by the mid-20th century.

Today, Leeds has become the largest legal and financial centre outside London with the financial and insurance services industry worth £13 billion to the city's economy. The finance and business service sector account for 38% of total output with more than 30 national and international banks located in the city, including an office of the Bank of England. Leeds is also the UK's third-largest manufacturing centre with around 1,800 firms and 39,000 employees; Leeds manufacturing firms account for 8.8% of total employment in the city and is worth over £7 billion to the local economy. The largest sub-sectors are engineering, printing and publishing, food and drink, chemicals and medical technology. Other key sectors include retail, leisure and the visitor economy, construction, and the creative and digital industries. The city saw several firsts, including the oldest-surviving film in existence, Roundhay Garden Scene (1888), and the 1767 invention of soda water.Public transport, rail and road communications networks in the region are focused on Leeds; the second phase of High Speed 2 will connect it to London via East Midlands Hub and Sheffield. Leeds currently has the third busiest railway station and the tenth busiest airport outside London. Leeds has a less extensive public transport coverage than other UK cities of comparable size, and is the largest city in Europe without any form of light rail or underground system.

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