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Shanghai : Retail Snapshot - Q2 2013

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Shanghai : Retail Snapshot - Q2 2013

In the first quarter of 2013, Shanghai’s aggregate retail consumption sales reached RMB192.0 billion, a year-on-year increase of 7.2%. The investment into commercial business premises amounted to RMB8.98 billion, 36.7 percentage points greater than the same period last year. It was the first time in the past three years that the growth rate of investment in fixed assets was higher than that of the aggregate retail consumption sales—by 3.1 percentage points. Shanghai’s 12th five-year business plan calls for a limitation in the number and location of large-scale commercial facilities with more than 5,000 square meters (sq.m.). 

Source : Cushman & Wakefield

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