7156707

Home -

China's shopping mall sector sees upturn in H1

Xinhua
| July 27, 2026
2026-07-27

BEIJING, July 27 (Xinhua) -- Over 70 percent of shopping malls across China recorded increased foot traffic in the first half of 2026 (H1), showing a mild upward trend, a survey showed Monday.

The survey, released by the China Chain Store & Franchise Association, covered companies operating in China's shopping mall sector. It showed that more than 40 percent of respondents reported a 5 to 10 percent rise in foot traffic in the first six months.

Online shopping also saw an uptick during the period, with 43.4 percent of surveyed companies reporting a higher online sales ratio, according to the survey.

The survey also showed that shopping malls nationwide posted a higher occupancy rate during the period.

China's total retail sales of goods and services, a major indicator of the country's consumption strength, increased by 2.7 percent year on year in the first half of 2026, according to the National Bureau of Statistics.

Boosting consumption is a key task set out in the outline of China's 15th Five-Year Plan (2026-2030), which calls for efforts to strengthen people's spending power, bolster their willingness to spend, and increase the supply of quality goods and services to meet the diverse needs of consumers. Enditem

7156707