Neon Dragons: How Shanghai's Entertainment Palaces Are Rewriting the Rules of Global Nightlife Shanghai's Entertainment Sector: 2025 Snapshot• 2,300 licensed venues (42% increase since 2020)• ¥95 billion annual revenue (22% of China's total)• 72% average occupancy (weekdays), 98% (weekends)• Average group expenditure: ¥12,000 (VIP