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Greater China Retail Supply/Demand Trends — Shifting Consumption Pattens Reshaping Retail Real Estate Greater China Retail Supply/Demand Trends — Shifting Consumption Pattens Reshaping Retail Real Estate
research • economy
Greater China Retail Supply/Demand Trends — Shifting Consumption Pattens Reshaping Retail Real Estate

Total prime retail property stock in the core markets of the 15 major cities in Greater China tracked by Cushman & Wakefield reached 116.7 million sq m at the end of Q2 2025. Looking ahead, more than 20 million sq m of new supply is scheduled to enter the market by the end of 2027, further intensifying competition among landlords and operators.

Ivy Jia • September 25, 2025

Greater China Retail Supply/Demand Trends — Advancing Through Innovation Greater China Retail Supply/Demand Trends — Advancing Through Innovation
research • economy
Greater China Retail Supply/Demand Trends — Advancing Through Innovation

By Q2 2024, the total prime retail property stock in the core markets in the 16 major cities in Greater China we track totaled 112.5 million sq m. Demand for prime retail space in China has also continued to be active through the year. Subsequently, the overall vacancy rate in the same 16 cities dropped to 10.6% at the end of the second quarter.
 

Shaun Brodie • September 05, 2024

Shopping Centre Upgrading In China: New Concepts To Change Perceptions Shopping Centre Upgrading In China: New Concepts To Change Perceptions
research • economy
Shopping Centre Upgrading In China: New Concepts To Change Perceptions

Retailers and shopping center owners in China are constantly innovating new consumption scenarios, new retail segments and new business models. Cushman & Wakefield has conducted an in-depth survey with consumers, retail executives and shopping center operators focusing on five areas of change which could unlock consumption potential. 
 

Shaun Brodie • July 11, 2024

Unleashing Retail Innovation: Discovering The New Edges For Hong Kong Unleashing Retail Innovation: Discovering The New Edges For Hong Kong
research • economy
Unleashing Retail Innovation: Discovering The New Edges For Hong Kong

Since Hong Kong’s border reopening and the gradual return of mainland China and international travelers, the city's retail landscape has undergone a transformation. The preferences of inbound tourists have shifted from a focus on shopping towards an emphasis on experiential retail and social media-driven activities. The spending habits of Hong Kong locals have also been changing, with a recent reverse trend of Hongkongers heading north to neighboring GBA cities for leisure and shopping.
 

Rosanna Tang • November 21, 2023

Greater China Retail Supply/Demand Trends — New Concepts For A Changing Market Greater China Retail Supply/Demand Trends — New Concepts For A Changing Market
research • economy
Greater China Retail Supply/Demand Trends — New Concepts For A Changing Market

By Q2 2023, the total prime retail property stock in the core markets in the 16 major cities in Greater China we track totaled 106.0 million sq m. Meanwhile, the total premium core city retail property net absorption across the Greater China market for the half year was 2.66 million sq m. As a result of the demand, the overall vacancy rate seen in the 16 major cities in Greater China decreased to 11.01% by the end of the second quarter.
 

Shaun Brodie • August 31, 2023

China Cross-Border Consumption Recovery Trends China Cross-Border Consumption Recovery Trends
research • economy
China Cross-Border Consumption Recovery Trends

As the sustained impact of the pandemic on regular business and social activities in China has gradually subsided, intercity connectivity has returned to pre-COVID norms, and this renewal of societal engagement has been accompanied by a steady recovery in cross-border travel and consumption.
 

Xiaoduan Zhang • August 31, 2023

Stepping Up Consumption — International Consumption Centre City Retailing In China Stepping Up Consumption — International Consumption Centre City Retailing In China
research • economy
Stepping Up Consumption — International Consumption Centre City Retailing In China

The Chinese economy has shifted from a phase of high-speed growth to one of high-quality development, with expanding domestic demand becoming the strategic cornerstone of China’s economic development during the 14th Five-Year Plan and the following decade. Against this backdrop, China has put forward the goal of cultivating and building international consumption center cities.
 

Shaun Brodie • June 21, 2023

China Retail Supply / Demand Trends: Post-Lockdown Consumption — The Key To Market Revival China Retail Supply / Demand Trends: Post-Lockdown Consumption — The Key To Market Revival
research • economy
China Retail Supply / Demand Trends: Post-Lockdown Consumption — The Key To Market Revival

Cushman & Wakefield has released its annual China Retail Supply / Demand Trends report. According to the report, by the end of Q2 2022, the total stock for all mid- to high-end shopping centers in the 16 major cities we track in China reached 97.2 million sq m. 
 

Shaun Brodie • August 25, 2022

Experience Matters — Insights On China's Retail Market In The Era Of New Consumption Experience Matters — Insights On China's Retail Market In The Era Of New Consumption
research • economy
Experience Matters — Insights On China's Retail Market In The Era Of New Consumption

China's consumer market is changing. Retailers and landlords of retail properties in China are currently exploring new market segments and emerging demand opportunities to create new scenarios that realize value.
 

Shaun Brodie • July 13, 2022

Shopping Shanghai — A Three-Year Action Plan For The City’s Retail Market Shopping Shanghai — A Three-Year Action Plan For The City’s Retail Market
research • economy
Shopping Shanghai — A Three-Year Action Plan For The City’s Retail Market

Shanghai today is an influential international center for the consumer. A plethora of business opportunities on many levels are now up for grabs for those retailers who choose to set up operations in the city and who can offer the right product that befits the China marketplace.

Shaun Brodie • November 04, 2019

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