国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / HK Macao Taiwan

HK’s Cheung Kong promotes major mainland project

By WANG YING | chinadaily.com.cn | Updated: 2013-03-22 22:00

Hong Kong-based Cheung Kong (Holdings) Ltd on Friday unveiled a development plan for its largest commercial complex to date on the Chinese mainland.

The project — known as Upper West Shanghai — will be located in the future business center of the city’s Putuo district, and is expected to be a main driver for the development of local businesses and retail firms, analysts said.

The huge commercial complex, potentially a Shanghai landmark, will have a total gross floor area of 1.17 million square meters, and will comprise multiple property types including Grade A offices, shops, serviced apartments, hotels, and residential areas.

The Zhenru area of Putuo district used to be the city’s wholesale market for seafood and fruit, with a cargo railway station nearby.

“In order to develop this area into Shanghai’s next sub-center, like the Xujiahui of Xuhui districts, we need a heavyweight developer to drive the quality up,” said Lu Qilin, research director at Shanghai Deovolente Realty Co, a Shanghai-based real estate agency.

Hong Kong-listed Cheung Kong, chaired by tycoon Li Ka-shing, will take a leading role in upgrading Zhenru into a sub-center.

By putting various property types together, the complex will be able to attract people both at working and leisure times, said analysts. Traditional office areas have difficulties in attracting customers at night or weekends as people go home after work, but with the retail facilities, the complex will have a more diversified customer base.

Developing commercial complexes is a trend among Chinese developers. China Vanke Co Ltd, the nation’s largest property developer by market value, owns about 6 million sq m of commercial projects in 52 cities. Among them, 18 are shopping malls, Xinhuanet.com reported.

The rising consumption power of Chinese people backs such lofty projects. In 2012, the total value of retail sales and per capita consumption expenditure of urban households rose 14.3 percent and 10 percent on a year-on-year basis, respectively, according to a report jointly compiled by Knight Frank and Holdways.

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
无为县| 宁安市| 台南市| 健康| 锦州市| 彩票| 郑州市| 满城县| 千阳县| 崇义县| 高陵县| 富阳市| 马龙县| 阿巴嘎旗| 苍梧县| 固阳县| 浠水县| 八宿县| 尚义县| 阳山县| 长武县| 察哈| 文水县| 永康市| 鄂温| 辽宁省| 阜南县| 正阳县| 中山市| 阿坝县| 会理县| 临泽县| 白水县| 区。| 古浪县| 兰坪| 西城区| 军事| 澄城县| 城固县| 井研县|