MENU PPLLACACEESS PEOPLE PARTNERS PERFORMANCE PERFORMANCE (ENVIRONMENT) (ECONOMIC) Places Highlights of Our Developments Places Impact Report Vibrancy Livelihood Wellbeing Resilience Bi-city Youth Cultural Leadership Programme In 2022, Swire Properties began partnering with the Hong Kong Palace Museum (“HKPM”) on a two-year “Bi-city Youth Cultural Leadership Programme”, which aims to nurture a new generation of cultural leaders in Beijing and Hong Kong. The leadership programme is the HKPM’s flagship youth learning initiative, and Swire Properties is the lead sponsor. The programme offers hybrid learning and training activities focusing on fundamental art and cultural knowledge, innovative thinking, cross-disciplinary capacity building and internship opportunities. The goal is to provide a platform for young people in Beijing and Hong Kong to connect, share experiences and exchange cultural ideas. In 2022, around 80 university students from Beijing and Hong Kong began participating in a four-month online exchange programme. In 2023, about 16 university students will join a two-month summer learning programme and participate in visits, talks and workshops in Beijing and Hong Kong, and take part in summer internships at leading arts and cultural organisations and companies in Hong Kong. Taikoo Li Sanlitun West Wins Urban Regeneration Award Taikoo Li Sanlitun West, an expansion of the existing Taikoo Li Sanlitun retail development that includes the renovated Yashow Market, has been named one of the best examples of urban regeneration in Beijing in a citywide competition organised by the Beijing Urban Planning Society. The approximately 301,000 sq ft building reopened in December 2021, having been repositioned as a lifestyle destination featuring a mix of fashion and F&B outlets with health and fitness, lifestyle and entertainment elements. The redeveloped site aligns closely with Beijing’s strategy of revitalising older areas and demonstrates Swire Properties’ commitment to creative transformation and placemaking. The transformation also represents a milestone in the continuous upgrade of the Greater Sanlitun Business Circle – a broader Chinese government plan to grow Sanlitun into a world-class business destination. Taikoo Li Sanlitun is contributing to this plan on several fronts: renovating the retail complex’s north zone, refurbishing flagship stores in the south zone and building an elevated pedestrian bridge linking the west and south zones. SUSTAINABLE DEVELOPMENT REPORT 2022 69