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Jiading business and trade surge in Spring Festival

( chinadaily.com.cn ) 2015-02-27

The consumable goods market in Jiading district of Shanghai got off to a flying start during the Spring Festival shopping spree.

From Feb 11 to 24, 22 major business and trading enterprises generated total sales revenue of 2.2 billion yuan ($358.89 million), 14.7 percent of the city's total during the festival, up 61 percent over the same period last year.

Among all, the e-business magnate JD.com, which settled its East China warehouse in Jiading, achieved 1.9 billion yuan in sales volume, 70 percent increase over the same period last year.

Large commercial complexes in Jiading also made it to deliver outstanding results, taking in 160 million yuan during the seven-day holiday.

MAIL TO DISTRICT CHIEFzxi@jiading.gov.cn

ATTRACTIONS

Jiading Fahua Pagoda

The Fahua Pagoda, 40.8 meters tall, is a square, brick-wood structure with seven stories, accessible by ladders.