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SZ’s retail vacancy rate continues to
drop as retailer confidence rises
Rental demand for retail space in Shenzhen continued to record growth in the first quarter of 2024, with the average retail vacancy rate in the city down for three consecutive quarters
A visitor observes a robot dog during the 12th China Information Technology Expo (CITE2024), which opened at the Shenzhen Convention and Exhibition Center in Futian District yesterday. The expo, which will run until Thursday, has gathered over 1,000 exhibitors displaying more than 5,000 state-of-the-art products. Han Jing
THE import and export volume of Shenzhen’s cross-border e-commerce exceeded 110 billion yuan (US$15.2 billion) in the first quarter (Q1) of this year, a year-on-year increase of over 95%. The figure hit a new high for the same period, which accounted for more than half of the provincial total in Q1, according to a provincial seminar on high-quality development of cross-border e-commerce held in Shenzhen on Monday.
