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California Marketplace makes inroads into Shanghai

SHANGHAI Yangpu District and San Francisco Bay Area inaugurated a digital technology park today to develop cloud computing and electronic games industries.

Two enterprises, California Marketplace and Minfon Group Inc, have signed agreements to move into the park, which covers 2.4 square kilometers of floor space.

California Marketplace will introduce Californian lifestyle into Shanghai by selling Californian food, wines, clothes and other goods.

The company will also open bars, restaurants, gyms and teaching institutes for GRE and SAT training.

Jim Wunderman, president and CEO of the Bay Area Council, said they would work with local government to help Chinese enterprises enter the US market as well.


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