Beijing Retail

Asian Cities

1H 2015

 

Economic overview
Retail sales in Beijing reached RMB909.8 billion in 2H/2014. Online retail sales continued to display particularly aggressive growth, up 68.3% during the same period. Meanwhile, urban disposable incomes per capita grew 9.2% year-on-year (YoY) by the end of November, with expenditure per capita registering growth of 6.4% YoY over the same period.

Market overview
Prior to 2007, Beijing’s retail market was largely composed of department stores, managed by both domestic and international operators. Over the past few years, however, shopping centres have become increasingly common and now dominate the market.

 
 

Key contacts

Simon Smith

Simon Smith

Senior Director
Research & Consultancy

Two Exchange Square

+852 2842 4573

 

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