Core Insights - Qiantang District has signed a strategic cooperation agreement with Intime Group to develop a landmark commercial complex in East Hangzhou, enhancing the commercial landscape of Qiantang [1][2] - Intime Group, established in 1997, operates in various sectors including retail, commercial real estate, and equity investment, with notable brands such as in77 and inPARK [1] - The new commercial complex will focus on attracting young professionals, industry talents, and quality families, featuring a mix of retail, dining, entertainment, and social spaces [1][2] Commercial Development - Qiantang District is experiencing a "one core leading, multiple points blooming" commercial layout, with the Jinsan Lake core business circle as a focal point [2] - The district currently has 12 operational commercial complexes, including major ones like Jinsan Tianjie and Wujiao Tianjie, contributing to a vibrant consumer environment [2] - The district aims to enhance its international trade and commerce capabilities, with a focus on youth consumption and innovative service models [2] Economic Performance - Qiantang District's total retail sales of consumer goods reached 24.45 billion yuan in the first half of the year, marking a 14.5% increase, the highest in the city [2] - The successful partnership with Intime Group is expected to transition Qiantang's commercial economy from a growth phase to a transformative phase [2]