What does Shanghai commonly known as "Magic City" mean?

"Magic City" refers to the city of Shanghai. This nickname represents the fact that Shanghai, as one of China's largest economic centers, has developed rapidly and is so prosperous that it is almost mythical. This name comes from the bustling scene of Shanghai in the early 20th century. The surging crowds and chaotic market environment that attracted people all over the world were described as a "magic city", and this name has been used to this day.

The prosperity of Magic City lies not only in its economy, but also inextricably linked to its unique culture. Shanghai has a unique cultural heritage, which embodies the soul and taste of the city. The old buildings, alleys, gardens and quiet streets in the city convey an ancient flavor, while modern skyscrapers and shopping malls represent the present and the future. At the same time, Shanghai is also famous for its various cultural activities such as lantern festivals, music, fashion, dance and movies. Its cultural characteristics have become a unique super magnet for tourists from around the world.

The future of Shanghai is still full of unlimited potential, and its future requires a more open and diversified economic and cultural environment. With the rise of advanced technologies such as the Internet, big data, and smart manufacturing, Magic City has become one of the world's leading innovation centers. In the future, the magic city needs to promote reform, focus on breakthroughs and innovations, and increase support for new technologies and new business formats in order to maintain its unique and exciting position in global competition.