On Jan 16, Jinghai Paradise Walk, a new commercial plaza, together with over 40 enterprises, made its debut to the public, marking the first concentrated projects signing in Jinghai in 2024.
Jinghai Paradise Walk makes debut to the public
During the promotion and signing ceremony of Paradise Walk, over 240 participants witnessed numerous international leading brands settling in Jinghai.
Paradise Walk, with a total investment of 860 million yuan (about $119.49 million), plans to have 233 shops and various supporting facilities, will be divided into multiple areas such as food, entertainment, finance, and business, and is scheduled to put into operation in October this year.
"The rapid progress of Paradise Walk is thanks to the strong support of Jinghai's high-quality business environment. Construction, investment attraction, and settlement are steadily advancing," said Yu Shaohuan, president of Yaoshun Group.
Once the commercial plaza is put into operation, it is expected to create more than 3,000 new job opportunities, driving the innovative shaping of the commercial landscape in the surrounding areas.
Since the beginning of this year, Jinghai has taken this project as a powerful lever to promote technological innovation, industrial revitalization, and urban renewal. Through various channels, efforts have been made to increase the scale of investment attraction, introducing large-scale projects in catering, retail, entertainment, accommodation, and other sectors.
Going forward, Jinghai will further promote the upgrading and expansion of commercial consumption, improve quality and efficiency, and build a landmark business plaza in Jinghai.