Wanda Annual Business Conference is Held in Beijing

Chairman Wang Jianlin Spoke on the China Innovative Consumption Summit

Liu Chuanzhi, Chairman of Lenovo Holdings, spoke on the China Innovative Consumption Summit

Xu Xiaonian, Professor of Economics and Finance at CEIBS, spoke on the China Innovative Consumption Summit

Gao Feng, Bottega Veneta China Managing Director of PPR LUXURY Group, spoke on the China Innovative Consumption Summit

Redmond Yeung, Managing Director of Gap Greater China, spoke on the China Innovative Consumption Summit

China Innovative Consumption Summit at Sofitel Wanda Beijing

Wanda Group Annual Business Conference is held in Beijing on Oct 12, 2011. Representatives from over 1500 companies with renown brands attended the conference. The Wanda Annual Business Conference has been held by Wanda Group annually in the past five years. The number of guest companies, the coverage of sectors, and the corporate ranking of attendants in their respective companies have make the conference the grandest one in China. The conference has become a high-end platform for the communication of business people from all over the world, and it provides people the market front updates of the China consumption market.

As a core component of the Wanda Annual Business Conference, China Innovative Consumption Summit was held in Sofitel Wanda Beijing on Oct 12 morning. Wang Jianlin, Chairman of Wanda Group, Liu Chuanzhi, Chairman of Lenovo Holdings, Gao Feng, Bottega Veneta China Managing Director of PPR LUXURY Group, Redmond Yeung, Managing Director of Gap Greater China, Xu Xiaonian, Professor of Economics and Finance at CEIBS delivered speeches on the conference to the senior management of over 300 Chinese and international companies. The Wanda Annual Business Conference Summit has become an event for the renown entrepreneurs and scholars around the world to have the discussion on the direction to which the consumer market will evolve to.

Chairman Wang Jianlin spoke on Wanda Annual Business Conference

Zhang Zhigang, vice-chairmen of CPPCC National Committee for Economic Affairs, president of CGCC, spoke on Wanda Annual Business Conference

Representative of the guest companies from NOVO, spoke on Wanda Annual Business Conference

In the afternoon, another key event, the ceremony of the Wanda Annual Business Conference was held in China National Convention Centre in Beijing. In the ceremony, Wanda Group announced the business-partners invitation for the 20 Wanda Plazas scheduled to be opened in 2012, including the five grade-A Wanda Plazas (Hanjie Wanda Plaza, Dalian High and New Tech., Changsha Kaifu, Chengdu Jinniu and Quanzhou Puxi). The new Wanda Plazas will see a broad upgrading in terms of quality, especially the Hanjie Wanda to be opened in November 2012, which will be the No.1 flagship Wanda Plaza in China. The building is beautifully designed and luxuriously renovated. It will have a total floor area of 93,000 square meters, of which, 60,000 square meters will be boutique shops representing the highest class and largest scale in the country. There will be a gathering of over 60 global luxury brands, a grand, top-class cinema with 4500 seats and 3D and IMAX giant screen cinema halls. There will be top quality electric games centre, KTV clubs and giant supermarkets etc. Wanda also held the award ceremony for the Best Design Award, Best Customer Service Award, and Most Popular Award it set up for the thousands of business tenants in Wanda Plaza.

The success of the Wanda Annual Business Conference has again exhibited Wanda’s leading position in China’s commercial property sector. Wanda Group has maintained the record of opening over 10 Wanda Plazas every year, and it has set a world record in the sector. This achievement was brought by the mature business model, the complete industrial chain of commercial properties, and more importantly, Wanda’s partnership with over 5000 brand providers around the world. As Wanda has built up the reputation for profit-generating for tenants over the years, many partners are willing to grow to a national level with Wanda, which ensures Wanda Plazas to be opened in the soonest possible time with all shops taken up. Every Wanda Plaza has delivered robust performance since opening. Wanda has the most diversified, most loyal business partner pool in China, and this has enhanced Wanda’s leading position in the commercial property sector. As of end of 2011, Wanda will have 49 Wanda Plaza under operation, and operating floor area will be over 10 million square meters. Wanda expects to expand the operating floor area to 15 million square meters in 2012, and become one of the companies with the largest fixed assets in the world.