2006 is the last year of transitional period of China’s entering into WTO. The government has to fulfill the agreement on access to WTO. The regional and operational restriction for the foreign capital banks will be abolished completely. In order to make full use of the opportunity, many foreign capital banks are establishing their headquarters in Shanghai.
Shanghai acted as the district where the foreign-capital banks went together in contemporary times. And with the reform and opening up policy and the 5 years’ explorations after China’s entering into WTO, the foreign capital banks nearly all choose Shanghai as the right place for their headquarters.
The paper mainly analyzes the causes of the phenomena from both the historical and realistic respective. In history, Shanghai was one of the developing cities which opened earliest and many famous banks were located here. In modern times , the advantages of Shanghai come from its good regional advantage, high amount of import and export products and well-equipped infrastructure .
Furthermore ,on the base of the analysis of the disadvantages, the right measurements will be raised to attract more foreign capital banks to locate their headquarters in Shanghai .
【Key Words】 Shanghai; Headquarters Economy; Foreign capital bank; Headquarters of foreign banks