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Retail By City

BeijingChina

city rank #9

City Overview

Beijing is a melting pot of the past and the present and is home to some of China's most intriguing destinations. Relics from China's long history include the Great Wall of China, the Forbidden City, and the Summer Palace. In the northern part of the old city (within the 2nd Ring Road), one will find the winding alleyways of the Hutongs and flea markets full of pearls, clothes and electronics; directly in the heart of Beijing's old city sits a statue of Buddha atop the city's tallest peak on Jingshan Mountain. Growing from this powerful and complex historical context, Beijing has blossomed into a capital metropolis home to 22 million people with iconic modern architecture including the Olympic Bird's Nest Stadium, the Water Cube National Swimming Center and the CCTV Tower. Expansion of the city's infrastructure began in preparation for the Olympics in 2008 and the winter Olympics in 2022 is boosting another round of infrastructure improvement and expansion. Built on a foundation of ring roads, Beijing is currently constructing the 7th Ring Road, which is also a critical part of the Jing-Jin-Ji regional transport integration plan. Additionally, infrastructure projects including a new international airport in Daxing as well as the expansion of the high-speed railway system, make Beijing a critical transportation hub for all of China. Retail offerings have expanded proportionally to the city itself. To solve the overcapactiy, new large-scale retail projects are restricted in the core city. So new projects are mainly developed in suburban areas, while traditional retail areas such as Wangfujing, Xidan, and CBD are upgrading retail offerings. Nearly 80% of retail stock in the city are shopping centers while the remainder are mainly department stores. International fast fashion brands focused mainly on expanding in secondary markets in Beijing while international luxury brands opted for the consolidation of their existing presence in the city.

Things to do

See

Work

China Central Place, China World Trade Center, World Financial Center, Yintai Center, Winland International Finance Center.


Rest

Forbidden City, Summer Palace, Temple of Heaven, the Great Wall, Tian'anmen Square


And be seen

Eat

1949, China Grill, County Kitchen, Da Dong Roast Duck, Din Tai Fung, Made in China, Opera Bombana


Drink

Atmosphere, Centro, China Bar, Hidden House, Janes & Hooch, Red Moon


Be Merry

D Lounge, Elements, Xiu, Spark, Sanlitun


Other Cities in China

Contact Us

Zino Helmlinger
11th Floor, Tower 2, Prosper Center, No.5 Guanghua Road, Chaoyang District
Beijing PRC 100020
+86 10 8588 0710 | zino.helmlinger@cbre.com.cn