Prime realty deals perk up Lujiazui revenue
By Ma Zhenhuan and Xiao Tang | China Daily | Updated: 2009-08-18 08:04
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The Lujiazui financial district in Shanghai's Pudong New Area. CFP |
SHANGHAI: The increased business revenue from land transfers in Pudong and investors' confidence in the nation's pledge to turn Shanghai into a world financial center are the main reasons for the big surge in Shanghai-listed Lujiazui's operating revenue, said analysts yesterday.
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