SUSTAINABILITY A CARRIER OF THE PEOPLE'S BETTER LIFE 75 76
REPORT
Improving People’s Well-Being Urban Renewal
The ultimate goal of urban development is to attract
By deeply integrating experiential commerce, eco-friendly business and cultural life, the
and retain more people. With the passage of time, Central Times facilitates the development of the Hongling Emerging Financial Industry Belt in
Carrying forward the century-old CMG’s sense of mission and responsibility toward the times and the nation, we think and act to serve national urban development has become a process of Luohu District and contributes to its development into the “third growth pole” of the
interests and strategies. From consolidating the achievements made in poverty reduction to pursuing common prosperity, and from facilitating continuous preservation, inheritance and reshaping. Shenzhen financial center.
industry transformation and upgrading to promoting urban renewal, we strive to improve people’s well-being and create a better life for them. We care about not only the high-rise buildings and
grand blueprints of the city, but also its original
appearance, history and traditions. We respect the
history and development of the city, and constantly
Rural Vitalization explore integrated solutions to urban development
and industry upgrading. Centering around the
We align corporate reform and development with the efforts to consolidate and expand the achievements in poverty alleviation and advance rural Guangdong-Hong Kong-Macao Greater Bay
vitalization in all respects, contributing more to common prosperity. Based on the resource endowments and pragmatic demands of local Area, we have carried out urban renewal projects
industries, we have applied the PPC comprehensive development model to local Chinese medicinal herb planting and developed the China across the country to promote urban transformation
Merchants Qichun Healthcare Industry New Town that is positioned to be a comprehensive business area based on the local TCM industry. We and upgrading. In 2021, we intensified efforts to
strive to help the new town attract other related businesses to cluster around the health sector, and boast an eco-friendly livable environment with rebuild old urban areas and continued to develop
sound supporting facilities for residential and commercial purposes. We hope that the new town will stimulate the initiative and promote the the Central Times in Shenzhen and Chongqing
sustainable development of the local economy. Landmark. We launched the specialized urban
renewal platform and applied the original vision and
By 2021, the new town had formed a cluster of healthcare businesses led by Li Shizhen Pharmaceutical Group, and made up of over ten
thinking to urban renewal while respecting the city’s
healthcare companies, including China Merchants Healthcare Industry (Qichun) Co., Ltd., Hubei Millennium Moxa Technology Co., Ltd., Qichun Li
history to give the old urban areas a new life.
Shizhen Zhen’ai Medical Co., Ltd., Tianci Jiufang, Baishichun, Aiaitie, Dingsheng Medicine and Huichun Qi’ai. Some of them are preparing for
listing on the main board. The China Merchants Qichun Healthcare Industry Park was completed. The new town is thriving.
By the end of 2021, The total contract value reached
China Merchants Qichun
Healthcare Industry New Town China Merchants Qichun Healthcare Industry New
RMB 13.285 billion.
Town received the award of “A Model Eco-Friendly
Healthcare Industry Town of 2021.”
had signed 45 projects.
Changshu, Jiangsu
Fuyong, Shenzhen
Hudou Village, Daojiao, Dongguan
Shekou, Shenzhen Sanlian Village, Shenzhen