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Companies eye Hongqiao CBD for headquarters

(Chinadaily.com.cn) Updated: 2017-12-27

Tian Kai, vice-president of Guangzhou R&F Properties Co, was also optimistic about the development of Hongqiao CBD.

He said his company has been in the district since 2013 and feels that its foresight has been verified as the district now boasts perfect facilities and services in all aspects.

Industry insiders say that the considerations for enterprises to select their locations are area, price, appearance and supporting facilities. The Hongqiao CBD is attempting to satisfy all the demands to attract more enterprises.

Experts confirm that there's no other city in the world equal to Hongqiao CBD in terms of convenient and integrated air, railway, subway, and highway transport. The district has consequently attracted the headquarters of enterprises from all industries, not just one or two.

The Hongqiao CBD in Shanghai is close to both the economically strong provinces of Jiangsu and Zhejiang and is also China's gateway to the Asia-Pacific region and the rest of the world.

Therefore, to fully develop Hongqiao CBD has become an important task for the Shanghai municipal government in a bid to change its economic development pattern and adjust its urban layout.

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One hundred enterprises have decided to headquarter in Hongqiao CBD as of the third quarter of this year. [Photo provided to chinadaily.com.cn]

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