A high-end commercial complex jointly developed by Taiyuan Shuangtahui Commercial Plaza Co and Hainan Travel Investment Duty-Free Commodities Co was signed in Taiyuan, capital of North China's Shanxi province, on May 12.
The project will be located in the heart of downtown Taiyuan. The first phase of the project will cover an area of 36 mu (2.4 hectares), with a building area of 95,000 square meters.
It will not only mark the birth of a commercial entity, but also pioneer trans-provincial cooperation for improving traditional commercial districts and the iterative development of commercial enterprises.
It will provide consumers with more shopping choices and reasonably priced quality goods, enhancing Taiyuan's urban image and promoting the high-quality development of its consumer market.
Taiyuan Shuangtahui Commercial Plaza Co is a subsidiary of Taiyuan Clothing City Group Co. Over the course of its 30-year history, Taiyuan Clothing City Group Co has become a large commercial group boasting comprehensive functions and brands and numerous merchants.
Hainan Travel Investment Duty-Free Commodities Co is a leading company in domestic duty-free commodity operation with abundant international brand resources and supply chain management capabilities.
Leveraging the policies of the Hainan Free Trade Port and its experience with new retail businesses, the company is committed to providing consumers with high-quality shopping experiences and selected products from around the world.