Core Viewpoint - The Guangzhou Changlong Vientiane commercial project has commenced, while other high-end commercial complexes in Guangzhou are also progressing, indicating an expansion in the city's high-end retail sector. However, the anticipated entry of the global high-end department store SKP into Guangzhou remains unconfirmed, despite ongoing developments in the Ma Chang area, which is being prepared for this project [1][4]. Group 1: Project Developments - The Ma Chang area, once a horse racing venue, is undergoing transformation into a comprehensive commercial zone, with various businesses already vacating the premises [2][3]. - The Ma Chang site covers an area of 380,000 square meters, equivalent to 53 international standard football fields, and is referred to as the "last treasure land" in Zhujiang New Town due to its prime location [3][4]. Group 2: Government Initiatives - A tender announcement in August 2021 indicated plans to enhance the Ma Chang area, aiming to benchmark against renowned international CBDs like Beijing SKP, aligning with the development goals of the Guangdong-Hong Kong-Macau Greater Bay Area [3][4]. - The Guangzhou government has repeatedly mentioned the introduction of commercial projects in the Ma Chang area, emphasizing its role as a key growth point for high-quality commercial development [4]. Group 3: SKP Project Status - Although the SKP project has not been officially announced, it has been consistently referenced in government documents, indicating a strong intent to facilitate its establishment in Guangzhou [4][5]. - Efforts to promote the Ma Chang area for commercial projects have been highlighted in various government reports, reinforcing the strategic importance of this location for high-end retail [4].