BEIJING, Dec. 8 (Xinhua) — China is projected to inaugurate about 400 new shopping malls in 2023, according to a recent report.
During the first half of this year, the average daily customer volume in shopping malls nationwide reached 18,500, marking an over 30 percent increase from the same period of the previous year, according to the report released by the China Chain Store & Franchise Association.
As of the end of 2022, China boasted approximately 6,700 shopping malls, with each covering an area of above 30,000 square meters, the report said.
