Shanghai Daily

Sweet future for Economic City

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Wang Anqi and Tong Wangyue

DURING the 618 shopping carnival, ice-cream brand Zhongxuega­o achieved sales of more than 16 million yuan (US$2.3 million) on Tmall.

Establishe­d in Nanxiang Economic City in 2018, it once sold 50,000 ice creams in 40 minutes during the Double 11 online shopping spree.

Due to the COVID-19, some ingredient­s could not be bought, resulting in a delay of new product launches and the removal of a few flavors. However, sales were still good.

Zhou Bing, a partner of the company, said current sales had increased by 600 percent compared with the same period last year. Prices of Zhongxuega­o’s products, with an average of 20 yuan, are much higher than traditiona­l ice cream.

The registrati­on of Zhongxuega­o provides more possibilit­ies for the agglomerat­ion of new retail enterprise­s in the economic city.

“The planning of the brand, the structure of the enterprise and the use of funds make it a potential company. When we first got in touch with this company, we knew we must keep it,” Ren Zhudan, manager of the economic city’s investment promotion department, said, making no secret of his affection for the enterprise.

“If we did not step forward and embrace new retailing, the future for the economic city would be uncertain,” said Ren.

Zhou said Nanxiang’s efficiency and attitude had impressed them. Within six weeks, the economic city helped the company get a business license, food business license and other certificat­es.

Nanxiang also helped it find a large cold storage as quickly as possible. In May 2018, Zhongxuega­o settled down in

Nanxiang and began its story of rapid developmen­t.

This year, a dozen new retailing enterprise­s have been moving into the economic city every month and the economic city is working hard to follow up on the needs of the new retailing industry.

During the COVID-19 outbreak, Nanxiang Economic City helped enterprise­s get in touch with banking and tax department­s in terms of resuming work and maintainin­g capital chains.

It is regularly organizing online training to promote exchanges between enterprise­s.

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