2 years ago

#china #chinainfrastructure #chinashoppingmalls
Join Alex to check out the MULTI BILLION DOLLAR new Chinese shopping malls in Chongqing.
This is the new era of the mega shopping malls in Chongqing China.
As China’s luxury market matures, these stores are a key channel for luxury brands to reach influential shoppers. They’re also a credible entry point for foreign niche brands and local emerging labels to the Chinese market. Many western brands have also been included.

Shopping malls and department stores remain important for fashion and luxury offline retail in China, but, as in other parts of the world, these traditional retail formats have struggled to retain footfall and sales in the face of competition from e-commerce. Even with intense competition Chongqing China is opening 5 malls within months of each other.

ABOUT THE MEGAMALLS
Longfor Central Park ParadiseWalk, Operated by the Longfor group
The total volume of Longfor Central Park ParadiseWalk project reaches 600,000 square meters, and consists of 190,000 square meters shopping center, 40,000 square meters dynamic block, 290,000 square meters SOHO&LOFT, and 80,000 square meters 248-meter ultra-high Grade A office building. More than 300 well-known brands, including Starbucks, McDonald's and Haagen-Dazs, have signed up so far.

JoyCity, Operated by COFCO (China Oil And Foodstuffs Corporation)
The commercial building area of JoyCity is 180,000 square meters. "Cofco Chongqing Joy City" consists of seven floors above ground and four floors underground. It is a themed shopping center with a shopping center, SOHO, LOFT and a high-end office.

WuyuePlaza, Operated by Seazen
It is a large commercial experience complex of 460,000 square meters, including 120,000 square meters of the experiential business center, theme business street, apartments, high-end business center, B&Bs and so on. Wuyue plaza has introduced STARX cinema, Yonghui Bravo flagship store, high-end city flagship store ACME fitness, cartoon amusement park, etc.

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