Shanghai welcomes continued investment and business expansion from Hang Lung Group

Shanghai's Party secretary Chen Jining met with Ronnie C. Chan, honorary chairman of Hang Lung Group, and Adriel Chan, chairman of the group, on June 3 to discuss further collaboration and investment opportunities in the city.

Chen highlighted Shanghai's ongoing efforts to develop itself into an international economic, financial, trade, shipping, and sci-tech innovation center, while acknowledging the deep-rooted cooperation between Shanghai and Hang Lung Group. He encouraged the group to capitalize on opportunities arising from urban renewal and industrial transformation.

Chen urged Hang Lung to leverage its professional expertise to expand investment and business operations in Shanghai, actively participate in urban renewal projects, upgrade commercial and office buildings, and introduce more debuts, exhibitions, and flagship stores to the city.

The Shanghai government, he assured, will strive to create a world-class business environment characterized by marketization, legal compliance, and internationalization, providing robust support and policy incentives to facilitate Hang Lung's growth.

Plaza 66, invested by Hang Lung Properties, is located in Shanghai's Jing'an district. [Photo/WeChat ID: jaxwzx]

In response, Ronnie C. Chan shared insights into Hang Lung Group's business development in Shanghai and the broader industrial landscape. He praised Shanghai for its high-quality business environment and vast market potential, noting that the group's investment and operational projects in the city have become iconic examples of successful collaboration.

Chan expressed confidence in Shanghai's future development and affirmed the company's commitment to seizing opportunities, deepening its presence in the city, and increasing investment.