Wednesday, July 27, 2011

Moving to Shanghai

Today we look at moving to Shanghai in China from Vancouver in Canada. We highlight cost of living and other major differences likely to be experienced in our series of short blogs on moving between different international locations.
In Shanghai people speak Mandarin Chinese. In Vancouver people speak English and French (both official).

Shanghai is the largest city in China, and one of the largest metropolitan areas in the world. Located on China's central eastern coast at the mouth of the Yangtze River, the city is administered as a municipality of the People's Republic of China with province-level status. Vancouver is a coastal city located in the Lower Mainland of British Columbia, Canada.
Shanghai is often regarded as the center of finance and trade in mainland China. Shanghai also hosts the largest share market in mainland China. With its location on the Pacific Rim and at the western terminus of Canada's transcontinental highway and rail routes, Vancouver is one of the nation's largest industrial centres. The Port of Vancouver, Canada's largest and most diversified, does trade with over 130 different economies annually. Vancouver is also the headquarters of forest product and mining companies. In recent years, Vancouver has become an increasingly important centre for software development, biotechnology and a vibrant film industry.

The overall cost of living rank in Shanghai is 21 out of 300 global locations, which equates it with high cost of living locations.  An expatriate moving from Vancouver to Shanghai will experience a change in cost of living of 9.9%.
In terms of the hardship people are likely to experience, assessed in global terms, Shanghai is ranked as a high degree of hardship location with a hardship index of 30% compared to Vancouver with a hardship index of 10% which is a minimal hardship location.

Source: http://www.xpatulator.com as at July 2011.