Shanghai expects more than a thousand “first stores” to open in the city this year. Vice Mayor Zong Ming reaffirmed the city’s determination to accelerate its positioning as an international consumption center at a press conference held by China’s Ministry of Commerce on Wednesday.
Shanghai will focus on attracting more merchants, luring more brands to open their first stores in China or the Asia Pacific region here in Shanghai, nurturing more renowned commercial districts, innovating and varied consumption pattern, and creating a consumption environment attractive to both residents and travelers, Zong said.