Core Points - Beijing has launched its first three pilot "immediate refund" tax refund points for outbound tourists, allowing them to process tax refunds on-site with a tax refund application from any participating store [1][2] - The "immediate refund" service allows foreign travelers to receive a prepaid amount equivalent to their tax refund at the time of purchase, streamlining the refund process [1] - The cumulative limit for tax refund items has been increased from 50,000 yuan to 220,000 yuan, enhancing the convenience for tourists [1] Group 1 - The first batch of "immediate refund" tax refund points includes China World Mall, Wangfujing, and Financial Street Shopping Center [2] - China World Mall, located in Beijing's CBD, offers a one-stop tax refund service, allowing travelers to receive their refunds in just a few minutes [2] - The mall plans to increase its tax refund stores from over 100 to 200 by the end of the year, aiming to double its tax refund sales [2] Group 2 - Chaoyang District has over 300 tax refund stores, making it the area with the highest concentration of such stores in Beijing [2] - Six pilot stores for the "immediate refund" service are located in Chaoyang, accounting for more than one-third of the city's total [2]

Core Viewpoint - The announcement by the National Taxation Administration regarding the nationwide promotion of the "immediate refund" service for outbound travelers starting from April 8 aims to enhance the shopping experience for international tourists and boost inbound tourism and consumption in China [1][3]. Group 1: Policy Implementation - The China International Trade Center is actively implementing the new tax refund policy, improving service quality to provide a better shopping experience for international travelers [3]. - The China International Trade Center's key component, the China World Mall, has been approved as one of the first three "immediate refund centralized refund points" in Beijing, focusing on the Chaoyang District CBD area [3]. Group 2: Service Features - The China World Mall currently has over 100 tax refund stores offering a variety of products, including international brands and traditional Chinese fashion, catering to diverse shopping needs of international travelers [3]. - Eligible travelers can enjoy a tax refund of up to 9% on purchases over 200 yuan, with immediate refunds available up to 20,000 yuan at the point of sale [3]. Group 3: Future Plans - The China World Mall plans to increase the number of "immediate refund" stores to 200 by the end of the year and aims to double the tax refund sales volume [5]. - The mall intends to implement full-area tax refunds for eligible stores, enhancing the shopping experience for more inbound tourists [5]. Group 4: Shopping Environment - The China World Mall is a significant commercial landmark in Beijing, featuring nearly 500 merchants across various sectors, providing a comprehensive shopping, dining, and entertainment experience [7]. - The establishment of the immediate refund centralized refund point enhances the shopping experience for inbound tourists by simplifying the tax refund process and allowing immediate access to refunds [7].

Core Insights - In 2025, Guangxi's commercial market is set to experience significant growth with the simultaneous opening of two major projects: Longhu Nanning Qingxiu Tianjie and Nanning Wuxiang Hangyang City Shopping Center on May 30, 2025 [1][6] - A total of eight commercial projects are planned to open in Guangxi in 2025, expected to bring a commercial increment of 709,000 square meters, nearly double the 2024 increment of 357,500 square meters [1][10] Project Summaries - **Longhu Nanning Qingxiu Tianjie**: Scheduled to open on May 30, 2025, with a commercial area of 120,000 square meters, featuring 8 South China first stores and 20 Nanning first stores [17][18] - **Nanning Wuxiang Hangyang City Shopping Center**: Also opening on May 30, 2025, with a commercial area of 100,000 square meters, it will be the largest shopping center in Nanning Wuxiang New District [21][22] - **Nanning NFS**: Planned to open on December 19, 2025, with a commercial area of 110,000 square meters, it aims to be Nanning's first light luxury cultural tourism complex [24][25] - **Nanning Poly Wuyouli Cultural Street**: Set to open on June 21, 2025, with a commercial area of 12,000 square meters, it will focus on cultural healing themes [27][28] - **Wuzhou Qiloucheng**: Scheduled to open on October 1, 2025, with a commercial area of 140,000 square meters, it will be a historical cultural street integrating various cultural experiences [29][31] Market Trends - The commercial increment in Guangxi is expected to surpass the historical low seen in 2024, with 2025's scale projected to be 1.83 times that of 2023, reaching 709,000 square meters [8][10] - Nanning continues to play a crucial role in Guangxi's commercial landscape, contributing significantly to the overall commercial increment, with five of the eight projects located in the city [12][15] - The focus on cultural tourism is a key trend, with several projects emphasizing cultural and experiential elements to attract visitors [7][28]

Group 1: Luxury Retail Expansion - Wangfu Central has expanded its high-end brand matrix by introducing the first Chinese flagship store of British jewelry brand GRAFF and LE LABO's fragrance laboratory in Beijing [1] - The dining sector has welcomed 17 new national or Beijing first stores, including certified Thai restaurant "CHINCHIN" and a Cantonese social dining space "DING+DIMBAR" [1] - Wangfu Central has launched cultural events such as intangible cultural heritage art exhibitions and coffee tastings, and upgraded its tax refund services for international travelers [1] Group 2: Gold Price Fluctuations - International gold prices have seen a significant decline from approximately $3430 per ounce to around $3240 per ounce, with a notable drop of $72 per ounce on May 14 [2] - Domestic gold prices have also decreased, with the price of gold from Chow Tai Fook falling to 986 yuan per gram, down 36 yuan from a week prior [2] - Shenzhen's water bay gold price dropped from 792 yuan per gram to 756 yuan per gram, reflecting a decline of over 4% due to international price changes [2] Group 3: Pricing Changes at Nai Xue - Nai Xue has increased prices for breakfast sets, requiring customers to pay for a membership card to access the original price of 9.9 yuan, with non-members facing a starting price of 15.9 yuan [3] - Several classic baked goods have been removed from the breakfast set, with new additions requiring an extra charge of 6 yuan [3] - The brand has recently changed its logo, removing "of tea" and introducing a new design that resembles both a snowflake and a fruit [3] Group 4: Necessary Mall Suspension - Necessary Mall has announced a temporary suspension of operations due to severe difficulties, with the app and mini-program still accessible but product links showing as "out of stock" [4][6] - Founded in July 2015, Necessary Mall was one of the early adopters of the C2M business model in China, initiated by CEO Bi Sheng [6] Group 5: Meituan's New Features - Meituan has upgraded its "Mingchu Plan" by introducing a "Dine-in Store" label to enhance transparency for restaurant merchants [8] - The label will be prominently displayed on the platform, helping merchants with physical stores gain more exposure [8] - Meituan has increased subsidies for small and medium-sized restaurants, with a total subsidy amounting to 50 million yuan for hardware and installation costs [8] Group 6: Dingdong Maicai's Financial Performance - Dingdong Maicai reported a revenue of 5.48 billion yuan for Q1 2025, marking a year-on-year growth of 9.1% and maintaining positive growth for five consecutive quarters [9] - The GMV reached 5.96 billion yuan, with a year-on-year increase of 7.9% [9] - Dingdong Maicai has achieved profitability under Non-GAAP standards for ten consecutive quarters and under GAAP standards for five consecutive quarters [9] Group 7: Cancellation of Meicheng Food Company - Meicheng Food Company has been deregistered, transitioning from active status to cancellation [11] - The company was involved in controversy over the authenticity of its mooncakes, leading to regulatory scrutiny and operational suspension [11]

5月15日，北京首批离境退税"即买即退"集中退付点在国贸商城、王府中环、金融街购物中心启动试运 行，为境外旅客提供"全城退税、一点通办"服务。 据悉，境外旅客获得北京市任意一家离境退税商店开具的《境外旅客购物离境退税申请单》，符合条件 的均可在集中退付点办理现场退税。通过将退税环节由口岸离境提前至商圈，境外旅客在购物现场第一 时间就能拿到退税款。 按照政策，符合离境退税政策的入境旅客购物最低消费满200元，即可立即享受最高9%的退税金额，最 高可当场退返20000元。退税额超过20000元的，可前往机场办理。 记者了解到，国贸商城的离境退税"即买即退"集中退付点位于南区东段三层。目前，国贸商城有100余 家离境退税店铺，涵盖国际精品、中国传统时尚品牌、工艺品等各类商品。入境游客可通过商城问询 台、导视屏等点位查询了解7种语言的《北京离境退税指南》。 国贸商城相关负责人介绍，接下来将继续加大"即买即退"服务推广力度，力争年底前离境退税店铺增加 至200家，退税销售额增长翻一倍，让更多入境游客流量变消费增量。 王府中环的离境退税"即买即退"集中退付点位于3层礼宾台。目前，王府井商圈的离境退税商店已达到 100多家 ...

新华社长春5月16日电 题：吉林长春：文旅结合激发商圈新活力 新华社记者段续、孙鹏程 夜幕降临，华灯初上，吉林省长春市桂林路商圈内人头攒动，小吃摊位前排起长队，咖啡店和酒吧里开启"慢生活"，次第亮起的霓虹灯牌，点缀 在这条烟火气十足的街道上。 就在几年前，桂林路商圈还相对冷清，很多商铺都已经腾空闲置。从以传统商品销售为主，到以文化和旅游属性来吸引游客，打造新型商贸业 态，这几年，桂林路商圈在政府和商家的协力下进行全新改造升级，成为长春最"聚人气"的地界之一。 在电商发展如火如荼的时代，线下实体商圈保持竞争力的密码，正是顺应人们消费习惯的转变，通过建设文旅项目，让文化带来旅游，旅游带来 客流，客流带来销售。 在长春市欧亚新生活购物广场8楼的露天屋顶花园，人们既可以在此休闲小憩，也可凭栏远眺，俯瞰市中心的南湖公园，将城市天际线尽收眼底。 持续上新的商业模式和不断优化的环境，吸引各地众多游客前来游玩。"白天逛小店，傍晚吃特色小吃，夜晚去咖啡厅坐一会，真是让人流连忘 返！"从沈阳来的游客黄莹莹说。 "小店经济"是桂林路商圈的活力密码。"我们辖区内有数百家小店，包括新奇的饮品店、老字号烘焙店，以及各具特色的零售百货店。 ...

4月底，上海金融法院在阿里司法拍卖平台发布公告，将于5月30日公开拍卖"陕西省西安市高新区锦业路7号5幢1单元10101室等（共17套）房地产"。此次拍 卖标的评估价10.54亿元，以7.38亿元起拍，相当于打了七折。 西安益田假日里于2019年底开业，定位"CBD白领24小时生活全配套"。5年多以来，凭借核心区位优势、多元业态布局，以及周边商业竞争空白，该商业体 已深度融入周边人群的工作、生活消费场景。 《每日经济新闻》记者注意到，此番被拍卖与项目经营情况无关，而是源于上海金融法院对一起金融借款合同纠纷的执行——西安益田假日里商业管理有限 公司因6.9亿元借款违约，抵押物业被债权人中国东方资产深圳分公司申请强制执行。 7.38亿元公开拍卖 4月底，上海金融法院发布公告，将于2025年5月30日10时至2025年6月2日10时在"淘宝网"上公开进行网络司法拍卖活动，拍卖标的为"陕西省西安市高新区 锦业路7号5幢1单元10101室等（共17套）房地产"。 来源：阿里司法拍卖平台公告 项目建筑面积合计84137.45平方米，其中地上建筑面积合计为38782.94平方米，地下建筑面积合计为45354.51平方米，规 ...

Core Insights - Chengdu is emerging as a vibrant fashion hub in Southwest China, attracting both luxury brands and local designers, with a unique blend of cultural and commercial activities [1][2][10] - The East Suburb Memory project has transformed from an industrial site into a cultural and fashion landmark, drawing over 17 million visitors annually and becoming a new high ground for fashion and tourism [2][10] - The Tianhui Vanke Plaza has established itself as a leading destination for young consumers, achieving sales exceeding 3 billion yuan in 2023 and attracting over 12 million visitors [16][17] - The Chengdu Taikoo Li has become a high-end commercial landmark, hosting over 300 million visitors annually and featuring a mix of luxury brands and unique retail experiences [29][30] - The Lu Lake CPI project emphasizes sustainable living and community engagement, showcasing a unique blend of lifestyle retail and nature [36][39] Group 1 - Chengdu is recognized as a fashion capital with a diverse and inclusive fashion culture, hosting both luxury and emerging brands [1][2] - The East Suburb Memory project has become a cultural highland, attracting a significant number of young and international visitors [2][10] - The project has introduced a variety of creative brands and activities, enhancing its appeal and establishing a unique community ecosystem [10][11] Group 2 - Tianhui Vanke Plaza has successfully positioned itself as a trendy gathering place for youth, with a strong focus on local and national brands [16][17] - The plaza has achieved remarkable sales and foot traffic, indicating its popularity among young consumers [16][17] - The project has introduced numerous new brands, reinforcing its status as a hub for youth culture and fashion [19][21] Group 3 - Chengdu Taikoo Li has become a benchmark for high-end retail, attracting luxury brands and offering a unique shopping experience [29][30] - The project has maintained a high visitor count and has successfully integrated art and culture into its commercial offerings [29][35] - The introduction of innovative retail concepts and flagship stores has enhanced its appeal to affluent consumers [30][31] Group 4 - Lu Lake CPI focuses on a sustainable lifestyle and community integration, creating a unique shopping environment [36][39] - The project emphasizes lifestyle retail and aims to provide a high-quality experience for visitors [39][41] - The innovative design and operational strategies have led to impressive sales performance for its tenants [43][44] Group 5 - Chengdu Crystal Fusion has transformed into a cultural hub for youth, featuring a mix of trendy brands and cultural events [45][46] - The project has successfully attracted a diverse range of brands, enhancing its appeal to young consumers [46][48] - The focus on community engagement and cultural activities has positioned it as a key player in Chengdu's retail landscape [50][51] Group 6 - COSMO Chengdu has emerged as a leading destination for youth culture, combining retail, art, and community activities [54][56] - The project has successfully integrated a variety of brands and experiences, appealing to the dynamic tastes of young consumers [56][57] - The emphasis on collaboration with local brands and creators has fostered a vibrant cultural ecosystem [57]

Group 1 - The core viewpoint of the article highlights the unique commercial ecosystem of Kunshan, a leading county-level economy in China, showcasing its competitive landscape among various retail operators and the evolution of its commercial strategies [2][10][31] - Kunshan has established itself as a significant player in the retail market with 25 shopping centers and 2 independent department stores, indicating a robust commercial supply [3][5] - The commercial landscape in Kunshan is characterized by intense competition, with major retail chains vying for market share, leading to rapid commercial iterations and innovations [5][7][17] Group 2 - The article outlines the evolution of Kunshan's commercial projects, noting a shift from traditional department stores to modern shopping centers, with significant developments occurring post-2011 [8][12][31] - Key shopping centers such as Kunshan Golden Eagle International Shopping Center and Kunshan Vanke Plaza are highlighted for their unique positioning and competitive strategies, including a focus on high-end brands and diverse retail offerings [17][23][31] - The opening of the Kunshan Huqiao Zhongjun World City, a TOD (Transit-Oriented Development) project, is noted as a significant development that enhances connectivity and attracts consumers from Shanghai [41][44] Group 3 - The article emphasizes the importance of consumer insights and operational strategies in a saturated market, with a focus on product offerings and brand positioning to maintain competitiveness [10][30] - Kunshan's commercial projects are adapting to local consumer needs, with a strong emphasis on dining and experiential retail, which has proven effective in attracting local clientele [23][27][29] - The performance metrics of various shopping centers, including foot traffic and sales figures, are discussed, showcasing the competitive dynamics and consumer preferences in the region [36][39][43]

Core Viewpoint - The K11 ECOAST project in Shenzhen, which has been highly anticipated and invested over 10 billion, has faced significant criticism since its trial operation began on April 28. Issues such as operational flaws, low merchant occupancy, and poor customer experience have led to disappointment among consumers and industry insiders [10][18][19]. Group 1: Project Overview - K11 ECOAST is positioned as a cultural retail landmark in the Greater Bay Area, but its opening has been marred by complaints regarding the experience and operational readiness [10][18]. - The project has attracted over 300,000 visitors on May 1, indicating strong initial interest despite the criticisms [10]. - Currently, the merchant occupancy rate is only about 50%, with many expected high-end brands not yet present [13][22]. Group 2: Operational Challenges - The trial operation has been described as rushed, with many facilities and directional signage inadequately prepared, leading to confusion among visitors [11][12]. - Specific complaints include mismatched toilet fittings and unclear navigation within the complex, which have been noted as areas needing improvement [11][12][19]. - Despite the high foot traffic, the available dining options are limited, causing long wait times and dissatisfaction among visitors [13][16]. Group 3: Future Developments - K11 ECOAST is still in its first phase of trial operation, with more shops expected to open in the coming months, and a second phase planned for 2026 [14][22]. - The management acknowledges the need for adjustments based on customer feedback and is actively working to address the issues raised during the initial operation [10][22]. - The project aims to enhance its cultural and artistic offerings to better engage consumers and improve the overall experience [21][22].