Shanghai could soon have a new financial district after a state-owned consortium won 19 plots of land in Pudong for 13.8 billion yuan (US$2.17 billion) with plans to create one of the city’s biggest upscale commercial projects.
The coalition formed by Shanghai Land Group, subway operator Shanghai Shentong Metro and railway builder Pudong Railway plans to transform the area into a thriving business zone featuring offices, shops and cultural spaces, according to a government filing.
With a…
Source : South China Morning Post
Read more…Huge commercial project could create new business district for Shanghai















