On May 30, Shanghai International Port Group (SIPG) and China Duty Free Group (CDFG) signed a cooperation framework agreement regarding the subsequent positioning, leasing, and operation management of the Shanghai Changtan Project commercial complex. The collaboration aims to jointly develop the Shanghai International Cruise Tourism Resort. This partnership will create a concentrated commercial complex of approximately 180,000 square meters, integrating high-end outlets, leisure and entertainment, culture, and family-friendly facilities.