World-class residential project Prague Town in China's Lishui makes an appearance in New York on May 10

/ -- On May 10, 2019, Prague Town, the 300,000 square-meter European-style residential real estate project of Chinese private property developer Zhongnan Group, made its appearance on one of the large digital billboards overlooking New York's Times Square. Located on the shores of Nanming Lake in downtown Lishui, a city in southwestern Zhejiang province, the 3 billion-yuan (approx. US$441 million) project creates a European-style villa lifestyle for Chinese businessmen who were born in the city, spent time overseas and are now returning home as well as for the city's local high net worth individuals.

Lishui, a city defined by its hills and known as Zhejiang's Green Valley, is one of China's leading eco-tourism destinations and the hometown of many Chinese residing abroad. Many of the city's emigrants have formed a strong part of the community of overseas Chinese businessmen and played an important role in fostering and building a bridge for Sino-foreign economic, trade and cultural ...