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November 6, 2010

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More Joy City malls

COFCO Commercial Property Investment Co, a subsidiary of state-owned conglomerate COFCO Corp, yesterday said it plans to double its portfolio of Joy City mega projects over the next five years as part of its effort to accelerate expansion across the country.
The company, which opened its first Joy City mall in Beijing's Xidan in 2007, now has around 10, including under operation and in the pipeline.
In the latest move, the first Joy City mall in Shanghai, located on Xizang Road N., will be unveiled next month, a significant step made by COFCO to tap the Yangtze River Delta region.



 

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