Shanghai's Nightlife Renaissance: How Entertainment Venues Are Shaping the City's Cultural Identity Section 1: The New Entertainment LandscapeCurrent Market Overview (2025):- 3,842 licensed entertainment venues citywide- ¥48.7 billion annual revenue (22% growth since 2022)- 68% located in Huangpu, Jing'an and Xuhui districts- 38% foreign-investe