Shanghai Mayor Han Zheng said that the events would contribute to the development of relations between the Chinese and Russian economic hubs as well as regional cooperation.
"We hope Russians will get a better understanding of Shanghai and fall in love with her after the great event," Han told the opening ceremony Saturday afternoon.
The Shanghai Week will involve trade and economic forums, Chinese traditional medicine seminars, volleyball games, autistic gymnastic games as well as art exhibitions and film screenings.
Wu also visited China's largest non-energy investment project in Russia, the Baltic Pearl residential complex in St. Petersburg. It was started in 2005 and set to involve a total investment of about 1.346 billion U.S. dollars.
The real estate project was developed by seven Shanghai-based companies. It will provide about 1 million square meters of housing and related services for up to 35,000 residents on completion in 2012.
Editor: Lency