Beijing Has The Largest Retail Brand In The Country.

< p > with the continuous growth of the total number of consumer goods retail sales for two years in China, the retail property market has also been developing rapidly.

In the past five years, the total stock of Chinese retail property has more than doubled.

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In the second quarter of 2013, the retail property market in Beijing is more than 7 million square meters. It is one of China's most mature "a" href= "//www.sjfzxm.com/news/index_c.asp" > retail property < p > market, and the quality of commercial facilities is high.

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< p > Chen Hongfei, director of China North China region, Global Research Department of World Bank Richard S. R., points out that in the past 7 years, the retail property market in Beijing has experienced three supply peaks.

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< p >, however, Chen Hongfei said that with the increasing distribution of supply, the average annual supply will decline, and the overall market will remain stable in the short term.

Compared with the core business circle accounting for only 32.5% of the total stock market share, Chen Hongfei believes that more than 50% of the new retail property will come from the core business circle in the future.

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< p > the report says that the development of < a href= "//www.sjfzxm.com/news/index_c.asp" > traditional business circle < /a > has benefited from its excellent geographical location and wide recognition. Although it lacks modern facilities and management at present, it is undergoing upgrading process.

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< p > the development of secondary business circle is rather uneven, and to a large extent, it depends on the development of surrounding residential buildings.

The emerging secondary business circles are rapidly forming in densely populated residential areas far away from the core areas of the city.

Thanks to the large number of high quality retail properties, convenient pportation, perfect service facilities and high-end consumer groups in the region, the central business district will remain the most important retail property gathering area of < a href= "//www.sjfzxm.com/news/index_p.asp" > Beijing < /a >.

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< p > from other cities in China, another report from the world of Richard Ellis shows that shopping centers are being built at a very fast pace all over the world, and China's cities occupy 14 seats in the world's 20 largest shopping center development market.

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