Lujiazui commercial properties exceed Wall Street

The Bund of Shanghai and its many buildings are one of the city's most important sites, Jan 6, 2014. [Photo/Asianewsphoto]

Lujiazui now has 196 office buildings with 10.51 million square meters. The area of commercial properties in Lujiazui has exceeded those of Wall Street.

By the end of the 12th Five-Year Plan, the total area of Lujiazui's commercial properties will reach 14 million square meters. It will be a similar capacity as the world's major financial centers such as London's central business district.

Shanghai Bank Card Industry Park has been established in Zhangjiang. It is a backstage area for the financial industry. It provides back-office operations and related services for 21 large financial institutions, such as UnionPay and Pingan.

In addition to expanding the commercial space for the financial industry, Pudong is also improving its support services. Currently, 46,000 square meters of commercial facilities are under construction and Lujiazui has full Wi-Fi coverage.

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