A new commercial square (Victoria Square) project, which covers 100,000 square meters, will be constructed. The starting ceremony was held on the January 9. It will be a good place for shopping and leisure in the eastern part of Ningbo. It is estimated that it will open by the end of next year. It is reported that the Victoria Square differs from Tianyi Square and Wanda Square in that it is entertaining-oriented; it aims at making a nightlife spot in Ningbo.