Shanghai Xintiandi New Year's Eve Countdown Party 2003
A Modern Chinese Carnival and Celebration

(2 January 2003) On New Year’s Eve 2002, Shanghai Xintiandi lived up to its billing as the best party in East Asia’s most exciting city. Celebrated on the heels of Shanghai’s historic win of The 2010 World Expo in early December, the Xintiandi New Year’s Eve Countdown Party closed the year on an electrifying note.
 

Live performances kicked off at 10pm and lasted until 1:00am into the New Year's first day at Taipingqiao Lake, in Xintiandi. Coco Lee, the famous Chinese-American pop queen, performed for the record crowds at Xintiandi.

Immediately after the New Year's countdown, a firework show excited the crowd.

Key government officials as well as Mr. Vincent H.S. Lo, Chairman of Shui On Group, representing the organizers of the Countdown Party, welcomed the first moment of 2003. The dignitaries were joined by thousands of Shanghai residents, tourists and revellers who helped ring in the New Year.

In Shanghai, Xintiandi has fast become the meeting grounds for entrepreneurs with vision and energy, and for those today who still dare to stretch their cultural horizons. The commercial, fashion and entertainment hub has achieved, in the Shui On Group's words, a place where "yesterday meets tomorrow in Shanghai today.”

 
About Shui On and Shanghai Xintiandi

Shanghai Xintiandi is a popular entertainment hub in the city centre imbued with Shanghai's historical and cultural legacies. It is a re-creation born out of the sprawls of Shikumen housing, which is the architectural symbol of early 20th century Shanghai. Xintiandi was created by converting Shikumen residential blocks into a multifunctional business and entertainment centre flowing with restaurants, boutiques, cafes and bars of an international standard.

Shanghai Xintiandi consists of two blocks, echoing its unique "yesterday-meets-tomorrow" design concept: the North Block is mainly composed of renovated Shikumen buildings, representing yesterday while the South Block contains mostly modern architecture, symbolising tomorrow. A pedestrian walkway links up the shops and restaurants in the two blocks.

The principal investor of Shanghai Xintiandi is the Shui On Group, which was founded in Hong Kong in 1971 by Mr Vincent H.S. Lo. Through the years he has built Shui On from a small construction company into a diversified group engaged in property development, construction and construction materials with interests in Hong Kong, the Chinese Mainland and North America.