The North China Daily News was the first English-language newspaper to be published in Shanghai, in 1850. Because the newspaper's founder saw Shanghai as a growing commercial center and founded the paper to support Shanghai's growth, much of its original content was related to shipping news. The paper expanded as Shanghai grew, and moved to the Bund in 1901. In 1921 the paper began construction of this building as its new headquarters, and completed construction in 1924.[1]
After World War II the North China Daily News returned to the building, and the paper continued to operate until 1951, shortly after the founding of the People's Republic of China. The building was then confiscated and used by the Chinese government as a branch for various government offices at various times. In 1996 the building was restored, and in 1998 it became the Shanghai branch of AIA Group Limited.[1] AIA was a subsidiary of American International Group (AIG), which is a successor company of the American Asiatic Underwriters, who occupied part of the building in the early twentieth century.
Design
The North China Daily News Building is a reinforced concrete structure with Baroque towers, Neoclassical pillars, and Renaissance relief sculpture. The first seven floors are faced with granite, the lowest two floors of which are rough hewn. The building originally incorporated the statues of two goddesses, which flanked the marble entrance, but these statues were destroyed during the Cultural Revolution.[1] The building contains 9,043 square meters (97,340 sq ft) of office space, and lies on a 1,043 square meters (11,230 sq ft) plot of land.