The opening ceremony of the newly-built 7 World Trade Center (WTC) was held May 23 on the site of New York WTC. 
 
7 World Trade Center announced its re-opening on May 23 on the site of New York WTC which was destroyed during the 9/11 terrorist attacks. It is the first building to be completed at the former address of WTC. Beijing Vantone Real Estate has rented the top five floors to set up "China Center" and started inviting investments. The project is scheduled to formally commence business and start operation early next year and welcome the entry of Chinese enterprises next June.

Vantone board chairman Feng Lun signed the "China Center" first-stage commercial terms with American Silverstein Properties in New York January 24, witnessed by New York State Governor Gorge E. Pataki. The formal leasing program of "China Center" first-phase development will begin this June.

It was reported that the China Center project invested by Beijing Vantone Real Estate Co., Ltd. is a landmark real estate project of strategic importance for Chinese enterprises planning to invest in the United States. A new landmark of Chinese enterprises' investment in the United States will initially emerge. The project will be implemented in two phases. During the first phase, 20,000 square meters of office building in the completed 7 World Trade Center will be available for leasing.

Promotion campaign has commenced to attract investment in China Center, which is expected to officially open early next year. China Center will offer a multifunctional and high-quality commercial platform for China-funded enterprises doing business in the United States and also become a "business port" for Chinese enterprises which intend to establish their overseas subsidiaries in the States.

In the main building of the "Freedom Tower" next to 7 World Trade Center, 75,000 square meters of office building is likely to be rented by China Center soon. Although Beijing Vantone Real Estate Co., Ltd. is only playing the role of an intermediary agent in the deal of the brand new 7 World Trade Center, its lease of the top five floors of the Center should be considered a huge investment.
 
Editor: Yan