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Kong and Macau presence in Shanghai. |
The Hong Kong and Macau
Shopping Centre has just opened a branch in Shengdena Plaza on Nanjing East
Road in Shanghai in September 2005. About 20 brands will be moving into
this 1,000 sqm store in the first stage of its development.
This will be the first store
specialising in Hong Kong and Macau brands on the Nanjing East Road
pedestrian shopping street under the Special Economic Partnership
Arrangement (CEPA) between Hong Kong and the Chinese mainland, which
came into effect in 2004.
Garments, food and other
products well known in Hong Kong, such as Wing Wah moon cakes and Walt
Disney's children's series of products, will be sold at the store.
While international brands
are increasing their presence in Shanghai, Hong Kong and Macau specialty
stores have, to date, remained conspicuously few.
According to the company's
general manager Jin Chenglong, the Hong Kong and Macau Shopping Centre
will step up its efforts to bring in more Hong Kong and Macau brands, if
the Nanjing East Road experiment turns out to be successful.
The aim is to form a
distribution centre for Hong Kong and Macau goods in the Yangtze River
Delta.
The Hong Kong and Macau
Shopping Centre has developed patented counterfeit-proof labels for use
on zero-tariff products, with the help of the Hong Kong Productivity
Council.
The anti-crime move will
assure local consumers that they are getting authentic Hong Kong and
Macau products.
from Joan
Huang, Shanghai Office
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