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West End takes shape in Pudong
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A LOCAL version of London鈥檚 West End and New York鈥檚 Manhattan is taking shape on the former Expo site in Pudong, officials said yesterday.
The area of nearly 25 square kilometers in the city鈥檚 core waterfront zone will become a world-class central activity zone where top shows are staged, advanced technologies applied and regional headquarters are housed, according to the area鈥檚 14th Five-Year Plan (2021-2025).
By the end of 2025, a dazzling array of art venues will adorn the area鈥檚 Huangpu River waterfront, such as the Expo Culture Park, Shanghai Grand Opera House and Shanghai Juss International Equestrian Center.
At that time, the area will have over 60,000 seats for stage performances, rivaling London鈥檚 West End and New York鈥檚 Broadway in scale, according to the plan.
Also, the area will emerge as a new highland of the city鈥檚 headquarters economy.
By the end of 2025, it will be home to 25 regional headquarters, including 10 multinational companies. Notably, it is planned to have 150 state-owned companies and their affiliated firms, including 10 regional headquarters, aiming to become the city鈥檚 most built-up area for SOEs.
Also, nearly 6 million square meters of commercial and business complexes will be built by the end of 2025. Of them, Taikoo Li Qiantan is set to open this month as a new high-end commercial complex of retail, dining, art and lifestyle, in addition to the IFC Mall in the Lujiazui area.
In the next five years, New York University鈥檚 new campus in Shanghai, the luxury hotel Shangri-La, Raffles International Hospital and other high-end facilities will also be built. Expo Culture Park, the largest green area in downtown Shanghai will also open its doors.
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