Shanghai After Dark: How China's Financial Capital is Redefining Luxury Nightlife in the Digital Age SECTION 1: INDUSTRY TRANSFORMATION (2025 STATISTICS)Market Landscape:• ¥480 billion annual revenue (42% YoY growth)• 3,500 licensed establishments (95% tech-enabled)• Average spend: ¥3,200 per guest• 63% international clientele (Top 3: Si