
Core Insights - In June, the average foot traffic in shopping malls across the country saw a slight month-on-month decrease of 2%, with an average daily foot traffic of around 80,000 in 390 popular shopping centers across 21 cities [1] - The top 1 popular shopping centers in various city segments showed an average daily foot traffic of approximately 126,000, indicating a stable performance in major urban areas [1] - The rankings reflect a competitive landscape with 354 shopping centers maintaining their positions from May, while 36 new centers entered the rankings, including several newly opened projects in the second quarter [1] Group 1: City Distribution - Major cities like Beijing, Shenzhen, Guangzhou, and Chongqing have administrative districts with over one-third of the total popular shopping centers, while other cities show a more dispersed distribution [1] - In Beijing's Chaoyang District, 11 centers (37% of the total) made the list, while Guangzhou's Tianhe District had 12 centers (40%) [2] - The concentration of popular shopping centers in first-tier cities is balanced between city-level and regional business districts, with regional districts often outperforming in second-tier cities [2] Group 2: Operator Performance - Major operators such as China Resources Vientiane Life, Wanda Commercial Management Group, and Longfor Group maintained their advantages with over 10 centers listed, although their strengths vary across different city tiers [3] - In first-tier cities, Longfor Group led with 17 centers, while in quasi-first-tier cities, China Resources Vientiane Life topped the list with 17 centers [3] Group 3: Notable Projects - Shanghai remains the top city for commercial activity, with 43 out of 50 popular shopping centers maintaining their positions for three consecutive months, indicating a highly competitive environment [5] - The Shanghai Wujiaochang He Shenghui shopping center saw a significant rise, entering the top three for super-large projects with an 11% year-on-year increase in foot traffic [11] - The newly opened Beijing Zhonghai Dajixiang shopping center achieved remarkable success, topping the small project category with a 91% opening rate and attracting over 300,000 visitors in its first month [35] Group 4: Emerging Trends - The June rankings highlighted the emergence of new projects like Shenzhen's Luo Hu Yitian Holiday Plaza and iN City Plaza, which both made their debut in the rankings [39] - In Chengdu, the newly opened Huaxi LIVE·528 shopping center is gaining traction, with a 24% year-on-year increase in sales and a 22% increase in foot traffic [41] - The Wuhan market is seeing a focus on new store openings and promotional activities, with significant events planned to attract consumers [66]