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Xinjiekou (Chinese: 新街口; pinyin: Xīnjiēkǒu) is the central business district of Nanjing, People's Republic of China. It gave its name to Xinjiekou subway station.
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History
Xinjiekou is an ancient site in Nanjing. In ancient times, it is only a quiet and lonely street with lots of empty space and pond. Since 1929, the location has changed greatly; four main roads of 40-meter-width met here: Zhongshan Eastern Road, Zhongzheng Road(Zhongshan Southern Road), Hanzhong Road, and Zhongshan Road, with a ring square in the center. On the grounds of the new traffic circle, Xinjiekou became the newly developing commercial center. In the 1930s, many buildings sprang up, like The Domestic Bank, Zhejiang Xingye Bank, China Bank of Communication, the Central Shopping Center, Dahua Theater, Xindu Theater, and Fuchang Restaurant. In the 1980s, Jinling Restaurant was the tallest building.
Nanjing Xinjiekou Department Store Company. will buy an 89 percent stake in Highland Group Holdings Ltd., which owns U.K. department store chain House of Fraser.
The Business Circle
As the CBD of Nanjing, Xinjiekou has many economic institutions, consulting corporations, law offices, accounting firms, and corporate headquarters—with the largest number of offices in Nanjing, including 80 business enterprises among the thp 500 global corporations.