"Guangzhou released new initiative dubbing the city as a gourmet paradise at a global scale. This is expected to raise enthusiasm of the catering business owners in the short term and nurture a better environment for relatedretailers/operators store opening in the mid- to longterm."

"Emerging areas with quality buildings and competitive rentals managed to absorb considerable relocation demand from traditional areas and achieved over 50% QoQ increase in net take-up."