Commercial Center Transforming to Global Hub
Dazzling Grand Gateway
During the critical period of the rapid economic and social development in Xuhui district, the annual growth stays at 8% and the district government revenue increase level is high, which is promising in achieving the national Twelfth Five-year Plan and starting the Thirteenth Five-year Plan. Xujiahui commercial center, whose consumer goods sales revenue in accounts for one fourth of the entire district, welcomes its opportunity to transformation along with the rapid growth. In spite of the challenge from e-commerce, the Xujiahui Centre Group achieves annual state-owned asset value maintaining and increasing rate of 108.97% and has contributed 3771 million RMB in tax revenue and another 11.05 billion property tax revenue, which is a high note in the transformation of the commercial center.