Savills: Changsha was CNY290bn retail market in 2013

Realopedia Global Real Estate Portal

In its recently published report, China’s Cities, Savills noted that retail sales in Changsha in 2013 amounted to about CNY290bn and, by that measure, was the 14th largest metropolitan retail market in the country. Disposable income among urban households was approximately CNY34,000 per annum. GDP per capita was CNY100,000. In 2011, there were around 50mn domestic tourism arrivals and fewer than 1mn international tourism arrivals.

Source : Savills/December 2015/Changsha/RET