Ji Gang says Shanghai Industrial Urban Development Group will not take part in bidding wars at government land auctions or create any land kings. Photo: SCMP Pictures

SIUD will replenish land through old town renovation to maintain low land cost

Shanghai builder's strategy is to focus on old town renovation jobs

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Ji Gang says Shanghai Industrial Urban Development Group will not take part in bidding wars at government land auctions or create any land kings. Photo: SCMP Pictures
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