• During the first five months of 2010 retail sales rose 15.8 per cent year-on-year to RMB240.5 billion
  • Seven mid to high-end retail projects were launched onto the market in the second quarter, adding 454,000 sqm of new supply
  • First floor prime shopping mall rents rose 0.4 per cent in the second quarter to an average of RMB735.9 per sqm per month
  • The citywide prime shopping mall occupancy rate increased 1.1 percentage points in the second quarter to 86.9 per cent
  • Demand from international and domestic retailers will continue to be strong as consumption remains robust
  • Prime shopping mall rents and occupancy rates will remain stable in the second half of the year