Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
News for Outlets

Shanghai Jing'an to further promote commercial activities in Nanjing West Road business circle

March 27, 2023


Abstract : Shanghai plans to build Nanjing West Road business circle into a more prosperous commercial hub with retail sales volume exceeding 100 billion yuan (about 14.5 billion U.S.dollars) by the end of 2025, according to the 2023 Forbes China Jing'an West Nanjing Road Forum held in Shanghai recently.

BEIJING, March 27 (Xinhua) -- Shanghai plans to build Nanjing West Road business circle into a more prosperous commercial hub with retail sales volume exceeding 100 billion yuan (about 14.5 billion U.S.dollars) by the end of 2025, according to the 2023 Forbes China Jing'an West Nanjing Road Forum held in Shanghai recently.

The Nanjing West Road business circle is located in the core high-end service agglomeration belt in Shanghai's Jing'an District. Last year, the business circle saw annual retail sales volume totaling more than 78 billion U.S.dollars.

An implementation plan on optimizing the consumption environment in Jing'an District was released during the forum. The plan is centered on optimizing the access and operation services of consumer enterprises, promoting the vitality and diversification of consumer market supply, as well as creating a window to show the world with Shanghai's consumer economy.

The plan is the first of this kind issued at the district level in Shanghai, aiming to further create a world-class consumption environment, and welcome more commercial and trade enterprises to do business in Jing'an. 

Statistics show the total retail sales of social consumer goods of Jing'an District ranked the first in the downtown area of Shanghai in 2022. More than 70 percent of the top 100 world-renowned brands have opened business in Jing'an.

(Edited by Bao Nuomin with Xinhua Silk Road, baonuomin@xinhua.org)

Scan the QR code and push it to your mobile phone

Keyword: consumption Jing'an business circle

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial