Wendy Zhang/ Shanghai Daily news

An office development at the Yangshan Deep-water port, on the east side of Hangzhou Bay, has attracted both domestic and foreign enterprises, with rents even approaching those of Lujiazui CBD, eastday.com reported today.
Although the port has yet to open to the public, the office development, with a main tower and subsidiary buildings, is already half-let. With a rental of 4-5 yuan (US$0.5-0.6) per square meter per day and a property management fee of 26-28 yuan per square meter, it will cost 213,600 yuan annually to rent a 100-square-meter unit. That is nearly the same as in Pudong's Lujiazui area, said an industry analyst.
Some of the world's top 500 enterprises have established representative offices in the building, and they plan to set up branch companies when the port is open, the analyst pointed out.