2010 commercial development trends of Guangzhou and city fortune forum China Aoyuan"s Commercial Project"Aoyuan Plaza"Receives W
Hong Kong, 17 June 2010 –Recently, China Aoyuan Property Group Limited ("China Aoyuan"or"the Group", Stock Code: 3883.HK) has hold"2010 commercial development trends of Guangzhou and city fortune forum". One of China Aoyuan"s commercial projects"Aoyuan Plaza"drew Widely Attentions.
Many experts, brand companies and leading commercial property companies attended the forum to discuss new trends of commercial development in Guangzhou. Managing Director of JP Morgan Chase Pacific, Mr. Gong Fangxiong said, with the GDP increased continuously, China faced the problems of economic transition and domestic demand expansion. It will create a great amount of commercial centers, so commercial property had great potential. Hu Gang, a Professor of Management School of Jinan University, and Han Shitong, Zhao Zhuowen stated that Panyu could seize the opportunity of"southward expansion"strategy of Guangzhou, to establish itself as new commercial center of Pearl River Delta. The experts believed that, China Aoyuan"s commercial project"Aoyuan Plaza"will play a leading role in the development of local commerce.
Aoyuan Plaza, which China Aoyuan will launch soon, situated in key position of Panyu, and it was a part of the Panyu District RMB 10 billion key projects. With the total area of 250,000 sqm, Aoyuan Plaza consisted of shopping mall, commercial pedestrian street and international high-end residential units. As the biggest commercial complex in Guangzhou south, the project was well-received in the market before its launching.
Mr. Guo Zi Wen, Chairman and CEO of China Aoyuan, said," Aoyuan Plaza is one of the key projects of China Aoyuan"s dual strategy in commercial and residential projects. It planned to be launched in second half of 2010. In the macroscopic regulation and control, commercial property still has a bright future. Moreover, the project will benefit from"southward expansion"strategy of Guangzhou and it is expected to deliver stable income to the Group in long run. With over 10 years of experience and strong corporate brand, China Aoyuan is looking forward to cooperate with more large brands so as to develop the project as the most influential commercial center in south Guangzhou, to reward shareholders by excellent performance.