--- title: "The integration of business travel, culture, and sports exhibitions attracts foreign tourists, and the growth of external consumption in Shanghai is evident" description: "Since the measures to promote the integration of business, travel, culture, and sports exhibitions were released in Shanghai last April, foreign consumption in Shanghai has significantly increased. Zh" type: "news" locale: "en" url: "https://longbridge.com/en/news/225418524.md" published_at: "2025-01-18T05:04:11.000Z" --- # The integration of business travel, culture, and sports exhibitions attracts foreign tourists, and the growth of external consumption in Shanghai is evident > Since the measures to promote the integration of business, travel, culture, and sports exhibitions were released in Shanghai last April, foreign consumption in Shanghai has significantly increased. Zhengda Plaza expects an increase in foreign tourists starting in the second half of 2024, mainly from Japan, South Korea, and Southeast Asia. The mall has updated its guidelines to be bilingual in Chinese and English, optimized payment methods, and added foreign card payment services to simplify the payment process for overseas visitors Since the release of 16 measures to further promote the integration of business, travel, culture, sports, and exhibitions to attract and expand consumption in Shanghai last April, various related industries in Shanghai have actively provided consumers with richer consumption products, higher quality consumption services, and more diverse consumption scenarios, resulting in a significant increase in foreign consumption. Starting from the second half of 2024, the influx of foreign tourists in the core area of Lujiazui, where the Chengda Plaza is located, has begun to increase, with a more noticeable rise in recent foot traffic, mainly from tourists from Japan, South Korea, and Southeast Asia. "We have comprehensively updated the guidance within the mall, using bilingual Chinese and English. We have also optimized payment methods by adding foreign card payment services to simplify the payment process for overseas tourists," said Zhou Jiaxuan, CEO of the Innovation Division of Chengda Group's Commercial Real Estate ### Related Stocks - [600663.CN - LJZ](https://longbridge.com/en/quote/600663.CN.md) - [900932.CN - LJZ](https://longbridge.com/en/quote/900932.CN.md) - [03839.HK - CT ENTERPRISE](https://longbridge.com/en/quote/03839.HK.md) - [000505.CN - HN PEARL RIVER](https://longbridge.com/en/quote/000505.CN.md) - [600724.CN - NINGBO FUDA](https://longbridge.com/en/quote/600724.CN.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | ConocoPhillips considers selling Permian assets worth $2 billion, Bloomberg News reports | Feb 20 (Reuters) - ConocoPhillipsis exploring a sale of some of its Permian Basin assets as part of a broader streamlini | [Link](https://longbridge.com/en/news/276478732.md) | | IronBridge Private Wealth LLC Has $905,000 Holdings in Apple Inc. $AAPL | IronBridge Private Wealth LLC reduced its stake in Apple Inc. (NASDAQ:AAPL) by 77.3% in Q3, holding 3,555 shares valued | [Link](https://longbridge.com/en/news/276436345.md) | | Financial Advocates Investment Management Lowers Stock Position in Meta Platforms, Inc. $META | Financial Advocates Investment Management reduced its stake in Meta Platforms, Inc. by 66.7% in Q3, now holding 2,343 sh | [Link](https://longbridge.com/en/news/276432394.md) | | Rocket Lab Corporation $RKLB Stock Holdings Increased by Vanguard Group Inc. | Vanguard Group Inc. increased its stake in Rocket Lab Corporation (NASDAQ:RKLB) by 5.4% in Q3, owning 41.8 million share | [Link](https://longbridge.com/en/news/276451972.md) | | Denali Advisors LLC Lowers Stake in Alphabet Inc. $GOOG | Denali Advisors LLC reduced its stake in Alphabet Inc. (NASDAQ:GOOG) by 27.4% in Q3, now holding 76,983 shares valued at | [Link](https://longbridge.com/en/news/276432387.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.