Shanghai is the commercial and financial center of mainland China, and ranks fifth in the 2011 edition of the Global Financial Centres Index published by the City of London. It was the largest and most prosperous city in the Far East during the 1930s, and rapid re-development began in 1990s. This is exemplified by the Pudong District, which became a pilot area for integrated economic reforms. By the end of 2009, there were 787 financial institutions, of which 170 were foreign-invested. In 2009, the Shanghai Stock Exchange ranked third among worldwide stock exchanges in terms of trading volume and sixth in terms of the total capitalization of listed companies, and the trading volume of six key commodities including rubber, copper and zinc on the Shanghai Futures Exchange all ranked first in the world. In April 2014, The Banker reported that Shanghai "has attracted the highest volumes of financial sector foreign direct investment in the Asia-Pacific region in the 12 months to the end of January 2014". Shanghai has a rich collection of buildings and structures of various architectural styles. The Bund, located by the bank of the Huangpu River, contains a rich collection of early 20th-century architecture, ranging in style from neoclassical HSBC Building to the art deco Sassoon House. A number of areas in the former foreign concessions are also well-preserved, the most notable ones being the French Concession. Shanghai has one of the worlds largest number of Art Deco buildings as a result of the construction boom during the 1920s and 1930s. One of the most famous architects working in Shanghai was László Hudec, a Hungarian-Slovak architect who lived in the city between 1918--1947. Some of his most notable Art Deco buildings include the Park Hotel and the Grand Theater. Other prominent architects who contributed to the Art Deco style are Parker & Palmer, who designed the Peace Hotel, Metropole Hotel, and the Broadway Mansions, and Austrian architect GH Gonda who designed the Capital Theatre. The Bund's first revitalization started in 1986 with a new promenade by the Dutch Architect Paulus Snoeren, the completion was in the mid-1990s.

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