Retailing, Franchising, and Consumerism Business Intelligence in China


Beijing To Limit New Department Stores

Beijing will restrict the building of large department stores this year as the Chinese capital seems to have too many already, said Cheng Hong, deputy director of Beijing Bureau of Commerce.

By the end of 2005, Beijing had 136 department stores with each covering more than 10,000 square meters, among which 91 percent are located in areas within the fifth ring road, according to Cheng.

"The city center has witnessed extensive building of large commercial facilities. Supply appears to exceed demand," said the official.

Beijing will restrict the building of supermarket covering more than 6,000 square meters in areas within the second ring road, and that covering 10,000 square meters inside the third ring road, according to a government circular.



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