Shanghai World Financial Centre
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The Shanghai World Financial Center (SWFC; ,
Shanghainese The Shanghainese language, also known as the Shanghai dialect, or Hu language, is a variety of Wu Chinese spoken in the central districts of the city of Shanghai and its surrounding areas. It is classified as part of the Sino-Tibetan langua ...
: ''Zånhae Guejieu Cinyon Tsonsin'') is a
supertall According to the CTBUH, a supertall building is defined as a building between in height. The city with the most supertall buildings is Dubai at 33 entries, followed by Shenzhen and New York City with 21 and 19 supertall buildings respectively. ...
skyscraper A skyscraper is a tall continuously habitable building having multiple floors. Most modern sources define skyscrapers as being at least or in height, though there is no universally accepted definition, other than being very tall high-rise bui ...
located in the
Pudong Pudong is a list of administrative divisions of Shanghai, district of Shanghai located east of the Huangpu River, Huangpu, the river which flows through central Shanghai. The name ''Pudong'' was originally applied to the Huangpu's east bank (g ...
district of
Shanghai Shanghai, Shanghainese: , Standard Chinese pronunciation: is a direct-administered municipality and the most populous urban area in China. The city is located on the Chinese shoreline on the southern estuary of the Yangtze River, with the ...
. It was designed by
Kohn Pedersen Fox Kohn Pedersen Fox Associates (KPF) is an American architectural firm based in New York City that provides architecture, interior, programming and master planning services. They engineer different projects including civic and cultural spaces, com ...
and developed by the Mori Building Company, with Leslie E. Robertson Associates as its structural engineer and
China State Construction Engineering Corp The China State Construction Engineering Corporation (CSCEC; ) is a Chinese state-owned construction company headquartered in Beijing. It is the largest construction company in the world by revenue and the 8th largest general contractor in terms ...
and Shanghai Construction (Group) General Co. as its main contractor. It is a mixed-use skyscraper, consisting of offices, hotels, conference rooms, observation decks, ground-floor shopping malls. Park Hyatt Shanghai is the tower's hotel component, comprising 174 rooms and suites occupying the 79th to the 93rd floors, which at the time of completion was the highest hotel in the world. It is now the third-highest hotel in the world after the Ritz-Carlton, Hong Kong, which occupies floors 102 to 118 of the
International Commerce Centre The International Commerce Centre is a 108-story, supertall skyscraper in West Kowloon, Hong Kong, resting atop the Elements mall and near two MTR Stations (Kowloon and Austin Station). It is the world's 13th tallest building by height, 1 ...
. On 14 September 2007, the skyscraper was
topped out In building construction, topping out (sometimes referred to as topping off) is a builders' rite traditionally held when the last beam (or its equivalent) is placed at the top of a structure during its construction. Nowadays, the ceremony is ofte ...
at , making it the 2nd tallest building in the world on completion (the tallest at the time being
Taipei 101 The Taipei 101 (; stylized in all caps), formerly known as the Taipei World Financial Center, is a 508 m (1,667 ft), 101-story skyscraper in Taipei, Taiwan. It is owned by Taipei Financial Center Corporation. It was Council on Tall Buildings ...
), the tallest building in the world by roof height only, and the tallest in China. The SWFC opened to the public on 28 August 2008, with its
observation deck An observation deck, observation platform, or viewing platform is an elevated sightseeing platform usually situated upon a tall architectural structure, such as a skyscraper or observation tower. Observation decks are sometimes enclosed from we ...
opening on 30 August. The observation deck offers views from above ground level. The SWFC has been lauded for its design, and in 2008 it was named by architects as the year's best-completed skyscraper."Shanghai tower named year's best skyscraper"
Reuters Reuters ( ) is a news agency owned by Thomson Reuters. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages. Reuters is one of the largest news agencies in the world. The agency ...
. 20 November 2008. Retrieved 5 August 2013.
In 2013, the SWFC was exceeded in height by the adjacent
Shanghai Tower The Shanghai Tower is a 128-story, megatall skyscraper located in Lujiazui, Pudong, Shanghai.
, which is China's tallest structure . Together, The Shanghai World Financial Center, The
Shanghai Tower The Shanghai Tower is a 128-story, megatall skyscraper located in Lujiazui, Pudong, Shanghai.
and The
Jin Mao Tower The Jin Mao Tower (; Shanghainese:'' Cinmeu Dagho''; lit. ‘Golden Prosperity Building’), also known as the or , is a , 88-story (93 if counting the floors in the spire) landmark skyscraper in Lujiazui, Pudong, Shanghai, China. It contains a ...
form the world's first adjacent grouping of three supertall skyscrapers.


History

Designed by American architectural firm
Kohn Pedersen Fox Kohn Pedersen Fox Associates (KPF) is an American architectural firm based in New York City that provides architecture, interior, programming and master planning services. They engineer different projects including civic and cultural spaces, com ...
, the 100-story tower was originally planned for construction in 1997, but work was temporarily interrupted by the
1997 Asian financial crisis The 1997 Asian financial crisis gripped much of East Asia, East and Southeast Asia during the late 1990s. The crisis began in Thailand in July 1997 before spreading to several other countries with a ripple effect, raising fears of a worldwide eco ...
, and was later paused to accommodate design changes by the Mori Building Company. The building of the tower was financed by several multinational firms, including Chinese, Japanese, and Hong Kong banks, as well as by the Japanese developer and American and European investors. The American investment bank
Morgan Stanley Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in 42 countries and more than 80,000 employees, the firm's clients in ...
coordinated the tower's financing for Mori Building.


Construction

The tower's foundation stone was laid on 27 August 1997. In the late 1990s, the Pierre de Smet Building Corporation suffered a funding shortage caused by the
1997 Asian financial crisis The 1997 Asian financial crisis gripped much of East Asia, East and Southeast Asia during the late 1990s. The crisis began in Thailand in July 1997 before spreading to several other countries with a ripple effect, raising fears of a worldwide eco ...
, which halted the project after the foundations were completed. On 13 February 2003, the Mori Group increased the building's height to and 101 stories, from the initial plans for a , 94-stories building. The new building used the foundations of the original design, and construction work was resumed on 16 November 2003. A fire broke out in the incomplete SWFC on 14 August 2007. The fire was first noticed on the 40th floor, around 16:30 (GMT +8), and soon the smoke was clearly seen outside the building. By 17:45, the fire had been extinguished. The damage was reported to be slight, and nobody was injured in the accident. The cause of the fire remains unknown, but according to some sources the preliminary investigation suggested workers' electric weldings caused the fire. The building reached its full height of on 14 September 2007 after the installation of the final steel girder. (The video has been removed due to expiry of the copyright). The final cladding panels were installed in mid-June 2008, and elevator installation was finished in mid-July. The Shanghai World Financial Center was declared complete on 17 July 2008, and was officially opened on 28 August. On 30 August 2008, the tower's observation floors were opened to the public.


Architecture

The most distinctive feature of the SWFC's design is the trapezoid aperture at the peak. The original design specified a circular aperture, in diameter, to reduce the stresses of wind pressure and to reference the Chinese mythological depiction of the sky as a circle. It also resembled a Chinese
moon gate A moon gate () is a circular opening in a garden wall that acts as a pedestrian passageway. It is a traditional architectural element in Chinese gardens. The shapes of the gates and their tiles have different spiritual meanings. The sloping ...
due to its circular form in
Chinese architecture Chinese architecture () is the embodiment of an architectural style that has developed over millennia in China and has influenced architecture throughout East Asia. Since its emergence during the early ancient era, the structural principles of ...
. However, this initial design began facing protests from some Chinese, including the mayor of Shanghai,
Chen Liangyu Chen Liangyu (; born October 24, 1946, in Shanghai) is a Chinese politician best known for his tenure as the Party Secretary of Shanghai, the city's top office, and a member of the Politburo of the Chinese Communist Party, from 2002 to 2006 ...
, who considered it too similar to the rising sun design of the
Japanese flag The national flag of Japan is a rectangular white banner with a red circle at its center. The flag is officially called the but is more commonly known in Japan as the . It embodies the country's sobriquet: the Land of the Rising Sun. The ...
. Pedersen then suggested that a bridge be placed at the bottom of the aperture to make it less circular. On 18 October 2005, KPF submitted an alternative design to Mori Building and a trapezoidal hole replaced the circle at the top of the tower, which in addition to changing the controversial design, would also be cheaper and easier to implement, according to the architects. Foreigners and Chinese alike informally refer to the building as "the
bottle opener A bottle opener is a device that enables the removal of metal bottle caps from glass bottles. More generally, it might be thought to include corkscrews used to remove cork or plastic stoppers from wine bottles. A metal bottle cap is affixed ...
". Metal replicas of the building that function as actual bottle openers are sold in the tower's gift shop. The tower features three separate
observation deck An observation deck, observation platform, or viewing platform is an elevated sightseeing platform usually situated upon a tall architectural structure, such as a skyscraper or observation tower. Observation decks are sometimes enclosed from we ...
s which constitute the floors above and below the aperture opening. The height of the lowest observation deck, located on the 94th floor, is ; the second, on the 97th floor, is at a height of ; and the highest, on the 100th floor, is high. The skyscraper's roof height is set at , and was at one point the highest roof in the world. Before construction on the roof was completed, the SWFC's total height was scheduled to be so that it would exceed the height of the
Taipei 101 The Taipei 101 (; stylized in all caps), formerly known as the Taipei World Financial Center, is a 508 m (1,667 ft), 101-story skyscraper in Taipei, Taiwan. It is owned by Taipei Financial Center Corporation. It was Council on Tall Buildings ...
, but a height limit was imposed, allowing the roof to reach a maximum height of 492 metres. Architect William Pedersen and developer
Minoru Mori was considered to be one of Japan's most powerful and influential building tycoons. He joined the real estate business of his father, Taikichiro Mori, after graduating from the University of Tokyo and was president and CEO of Mori Building, of ...
resisted suggestions to add a spire that would surpass that of Taipei 101 and perhaps
One World Trade Center One World Trade Center, also known as One WTC and as the Freedom Tower, is the main building of the rebuilt World Trade Center complex in Lower Manhattan, New York City. Designed by David Childs of Skidmore, Owings & Merrill, One World Tr ...
, calling the SWFC a "broad-shouldered building". The SWFC boasts a gross floor area of more than , 31 elevators, and 33 escalators.


Structural efficiency

The tower's trapezoid aperture is made up of structural steel and reinforced concrete. A large number of forces, such as wind loads, the people in the building and heavy equipment housed in the building, act on the SWFC's structure. These compressive and bending forces are carried down to the ground by the diagonal-braced frame (with added outrigger trusses). The design employs an effective use of material, because it decreases the thickness of the outer core shear walls and the weight of the structural steel in the perimeter.


Tenants

Shanghai World Financial Center hosts the office building for many international financial companies, including those involved in
banking A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital m ...
,
insurance Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect ...
,
securities A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any for ...
and
fund management Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastru ...
, such as
Ernst & Young EY, previously known as Ernst & Young, is a multinational corporation, multinational professional services partnership, network based in London, United Kingdom. Along with Deloitte, KPMG and PwC, it is one of the Big Four accounting firms, Big F ...
,
Morgan Stanley Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in 42 countries and more than 80,000 employees, the firm's clients in ...
,
BNP Paribas BNP Paribas (; sometimes referred to as BNPP or BNP) is a French multinational universal bank and financial services holding company headquartered in Paris. It was founded in 2000 from the merger of two of France's foremost financial instituti ...
,
Commerzbank The Commerzbank Aktiengesellschaft (shortly known as Commerzbank AG or Commerzbank ) is a European Financial institution, banking institution headquartered in Frankfurt am Main, Hesse, Germany. It offers services to private and entrepreneurial c ...
,
Bank of Yokohama The Bank of Yokohama, Ltd. (株式会社横浜銀行, ''Kabushiki gaisha Yokohama Ginkō'', BOY) is the largest regional bank in Japan. It is based and headquartered in Yokohama, and operates its businesses mainly in Kanagawa Prefecture and sout ...
,
Sumitomo Mitsui Banking Corporation is a Japanese multinational banking financial services institution owned by the Sumitomo Mitsui Financial Group, which is also known as the SMBC Group. It is headquartered in the same building as SMBC Group in Marunouchi, Chiyoda, Tokyo, Japan. ...
and
Korea Development Bank Korea Development Bank (KDB Bank) is a South Korean state-owned development bank which aims to encourage the industrial development of South Korea. It was founded in 1954 in accordance with The Korea Development Bank Act to finance and manage ...
. Google's Shanghai branch is located on the 60th-61st floors.


Transport

*
Shanghai Metro The Shanghai Metro (; Shanghainese: ''Zaon6he5 Di6thiq7'') is a rapid transit system in Shanghai, operating urban and suburban transit services to 14 of its 16 List of township-level divisions of Shanghai, municipal districts and to the neighb ...
: Line 2 at Lujiazui Station is a 10-minute walk to the center.


Awards

Shanghai World Financial Center was named by architects as the best skyscraper completed in 2008, receiving both the Best Tall Building Overall and Asia & Australasia awards from the
Council on Tall Buildings and Urban Habitat The Council on Tall Buildings and Urban Habitat (CTBUH) is an international body in the field of tall buildings, including skyscrapers, and Sustainable design, sustainable urban design. A non-profit organization based at the Monroe Building in ...
(CTBUH). CTBUH's Carol Willis, head of New York's
Skyscraper Museum The Skyscraper Museum is an architecture museum in the Battery Park City neighborhood of Manhattan in New York City, founded in 1996. The museum focuses on high-rise buildings as "products of technology, objects of design, sites of construction ...
, stated: "The simplicity of its form as well as its size dramatizes the idea of the skyscraper." Architect Tim Johnson noted its innovative structural design: "Steel trusses guard against the forces of wind and earthquake and made the building lighter, made it use less steel, and contributed to its sustainability." Johnson described the SWFC's structure as "nothing short of genius."


Gallery

File:Shanghaiviewpic1.jpg, Shanghai World Financial Center, visible behind the
Oriental Pearl Tower The Oriental Pearl Tower is a futurist TV tower in Lujiazui, Shanghai. Built from 1991 to 1994, the tower was the tallest structure in China until the completion of nearby World Financial Center in 2007. Its status as Shanghai's first AAAA ...
. File:Observation deck of the Shanghai World Financial Center.jpg, Inside the tower's observation deck. File:0352 20090626 Shanghai.jpg, Shanghai World Financial Center (left) and the
Jin Mao Tower The Jin Mao Tower (; Shanghainese:'' Cinmeu Dagho''; lit. ‘Golden Prosperity Building’), also known as the or , is a , 88-story (93 if counting the floors in the spire) landmark skyscraper in Lujiazui, Pudong, Shanghai, China. It contains a ...
. File:Shanghai World Financial Center + Jin Mao Tower.jpg, The Shanghai World Financial Center and Jin Mao Tower adjacent to each other. File:Night shot of the Shanghai World Financial Centre.jpg, At night. File:Shanghai_world_financial_centre.JPG, Next to the Jin Mao Tower. File:CWC_9636.jpg, Beside the
Shanghai Tower The Shanghai Tower is a 128-story, megatall skyscraper located in Lujiazui, Pudong, Shanghai.
at night. File:Shanghai_World_Financial_Center_200802.jpg, Under construction. File:Shanghai_world_financial_center.jpg, Under construction. File:SWFC_May_2007.jpg, Under construction. File:Shanghai_scycrapers.jpg, Beside Jin Mao Tower. File:Shanghai World Financial Center during the night.JPG, Shanghai World Financial Center pictured at night. File:Shanghai World Financial Center 200802-2.jpg, The aperture under construction at the top of the building. File:SWFC mural.JPG,
Stucco Stucco or render is a construction material made of aggregates, a binder, and water. Stucco is applied wet and hardens to a very dense solid. It is used as a decorative coating for walls and ceilings, exterior walls, and as a sculptural and ...
mural depicting the original design. File:Three Bigs Far.jpg, The SWFC, Jin Mao Tower and incomplete
Shanghai Tower The Shanghai Tower is a 128-story, megatall skyscraper located in Lujiazui, Pudong, Shanghai.
(far right) in August 2012. File:Shanghai Lujiazui Building.jpg, The SWFC, Jin Mao Tower, and the Shanghai Tower near completion in January 2014. File:View of Jin Mao from SWFC.jpg, View of Jin Mao Tower from the SWFC observation deck. File:Shanghai_World_Financial_Center_(Top).jpg, Top of the building. File:Shanghai World Financial Tower seen from Shanghai Tower.jpg, Shanghai World Financial Tower seen from
Shanghai Tower The Shanghai Tower is a 128-story, megatall skyscraper located in Lujiazui, Pudong, Shanghai.
, 2016. File:Shanghai World Financial Center (March 9th 2024).jpg, Shanghai World Financial Center from Lujiazui Central Green Space, March 2024.


See also

*
List of tallest buildings in Shanghai The city of Shanghai, China has one of the largest skylines in the world, with 193 completed skyscrapers that reach a height of 150 metres (492 feet) as of 2025, making it the city with the List of cities with the most skyscrapers, sixth-most sk ...


Similar towers

* Kingdom Centre, building in Saudi Arabia


References


External links


Shanghai WFC official websiteShanghai World Financial Center observatoryKohn Pedersen Fox Shanghai WFC project page

Mori Building Co. Shanghai WFC project pageShanghai WFC
on
CTBUH The Council on Tall Buildings and Urban Habitat (CTBUH) is an international body in the field of tall buildings, including skyscrapers, and sustainable urban design. A non-profit organization based at the Monroe Building in Chicago, Illinois, U ...
's Skyscraper Center database
The Shanghai WFC: a case study on Constructalia
*
Window cleaners at work on the Shanghai WFC (video from the observation deck)
* {{WikidataCoord Skyscrapers in Shanghai World Financial Centers Office buildings completed in 2008 Hyatt Hotels and Resorts Landmarks in Shanghai Kohn Pedersen Fox buildings Mori Building Retail buildings in China Skyscraper office buildings in Shanghai Skyscraper hotels in Shanghai Pudong 2008 establishments in Shanghai