SUMG boosts new media
Print Edition
SHANGHAI United Media Group yesterday said it will invest 1.2 billion yuan (US$193 million) in a commercial property in Fengxian District to attract companies and projects related to the new-media industry.
The 90,000-square-meter building will also house bookstores, theaters and cinemas as well as an education and entertainment center for children.
Qiu Xin, Party secretary of SUMG, said the new-media industry complements other business sectors and a cluster of new-media companies in the building will create business value in the long run.
The investment is also expected to boost SUMG’s profitability which will spur the development of its major newspaper and new-media business.
Last month, SUMG and Shanghai Industrial Investment Co launched a joint fund of 1.81 billion yuan to boost the media group’s investment in cultural activities, industrial parks and innovative industries.
The cluster of new-media firms in the district is set to boost entrepreneurship.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
