Cultural investment
Source: Shanghai Daily |
July 28, 2014, Monday
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Print Edition
Print Edition
SHANGHAI Waigaoqiao (Group) Co last week established a company to operate in cultural investment and management in the city’s pilot free trade zone.
With a registered capital of 100 million yuan (US$16.1 million), the new company — Shanghai Free Trade Zone International Cultural Investment and Development Co — will engage in warehousing, trading and auction of artworks, according to FTZ Post, a news feed run by Oriental Morning Post. Located in a commercial center next to the zone, the company will cover an area of 90,000 square meters.
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