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‘Information Hinterland’– A Base For Financial Centre Development: The Case Of Beijing Versus Shanghai In China

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  • DANNY TAN WANG
  • SIMON XIAOBIN ZHAO
  • DONGGEN WANG

Abstract

This paper examines the role of ‘information hinterland’ as a determinant to financial agglomeration and financial centre development. The concept is then applied to investigate the potentials of Beijing and Shanghai in becoming financial centres in China. Specifically, the information hinterlands of the two cities are identified in two steps: first, the boundaries of the hinterlands are demarcated on the basis of distance, intensity of transport connection and interactions in terms of migration. Second, the intensity of information from the hinterland is assessed in terms of business information, policy information and the seats of multinational headquarters. Results of the analysis and their implications are discussed.

Suggested Citation

  • Danny Tan Wang & Simon Xiaobin Zhao & Donggen Wang, 2007. "‘Information Hinterland’– A Base For Financial Centre Development: The Case Of Beijing Versus Shanghai In China," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 98(1), pages 102-120, February.
    • Handle: RePEc:bla:tvecsg:v:98:y:2007:i:1:p:102-120
    DOI: 10.1111/j.1467-9663.2007.00379.x
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    1. Gehrig, Thomas, 1998. "Cities and the Geography of Financial Centres," CEPR Discussion Papers 1894, C.E.P.R. Discussion Papers.
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    Cited by:

    1. Bas Karreman & Bert van der Knaap, 2012. "The geography of equity listing and financial centre competition in mainland China and Hong Kong," Journal of Economic Geography, Oxford University Press, vol. 12(4), pages 899-922, July.
    2. Peter Taylor & Ben Derudder & Michael Hoyler & Pengfei Ni & Frank Witlox, 2014. "City-Dyad Analyses of China’s Integration into the World City Network," Urban Studies, Urban Studies Journal Limited, vol. 51(5), pages 868-882, April.
    3. Peter W. Daniels & Pengfei Ni, 2014. "Urbanisation and changes in the sectoral structure of economic development: the scale of the manufacturing sector in Chinese cities and the shift towards service industry," Working Papers hal-00943972, HAL.

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