Huge commercial property site set for west Beijing

A new business district is been launched in the west of Beijing, offering a huge supply of fresh office and commercial space at highly competitive prices, which its developers hope will become the next most important business hub after the capital's Financial Street and Central Business District.

Financial Street Chang'an Center, to be located within a vast industrial site previously occupied by State-owned steel giant Shougang Group, is 18.5 kilometers west of Tiananmen Square.

It sits on the capital's west-east artery, Chang'an Avenue, which runs through the city's Central Business District. Covering a gross floor area of 380,000 square meters, the center will house office buildings, hotels and shopping centers.