Report
Autoren: Simon Smith , James Macdonald , Carlby Xie
Reihe: Savills Spotlight
Anbieter: Savills
Asian Cities Report - 2H 2020
Report
Autoren: Simon Smith , James Macdonald , Carlby Xie
Reihe: Savills Spotlight
Anbieter: Savills
The central government unveiled the new 'comprehensive reform plan (2020 – 2025)' (hereinafter referred to as the 'new plan') in October as a continuation of Shenzhen's mission of being 'Pilot Demonstration Zone of Socialism with Chinese Characteristics' announced in 2019, providing greater autonomy and a higher level of all-round opening-up. Given that the new plan came at a meaningful time—the 40th anniversary of the establishment of the Shenzhen Special Economic Zone (SEZ)—Shenzhen is expected to embrace a new chapter of development. Additionally, the new plan reinforces Shenzhen's core engine function and central city position in the Guangdong-Hong Kong- Macao Greater Bay Area (GBA). Therefore, the real estate industry is forecast to obtain new development opportunities, with demand for land, office, retail and residential sectors improving.
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