M6: From traditional textile plant to virtual reality
By Hu Qing | China Daily | Updated: 2014-05-15 07:12
Built on the site of an old textile plant in Qingdao, the M6 Virtual Reality Industrial Park is now labeled as a paradigm of the so-called 'HOPSCA' transformation, said its operators.
HOPSCA is a term coined by Chinese real estate developers in recent years for an urban complex comprised of hotels, offices, shopping malls, conventions and apartments.
"We are striving to turn the blighted industrial area into a thriving new urban center featuring technology savvy, innovative business and cultural activities," said Liu Yungang, director at the development office at the Qingdao Traffic Business District where the M6 is located.
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