Search DubaiPRNetwork.com

Home >> Real Estate & Retail

China Mall records over one million shoppers in the first quarter of 2019

Tuesday, June 18, 2019/ Editor -  

Share

Home >> Real Estate & Retail

Mall’s success has positive knock-on effect for Ajman’s economy

Ajman, UAE - June 18, 2019:   One million people visited Ajman’s China Mall (Gulf Chinese Trading Corporation) during the first quarter of 2019, and the Mall continues to thrive with a 90% occupancy rate.  Ten percent of visitors were tourists, with the remainder coming from the Emirate itself or the neighbouring Emirates. 

Affordable prices, choice of products and a convenient shopping experience all contributed to make the China Mall, which was established in 2010, a popular choice for discerning shoppers from near and far, despite the restrained national and global economic landscape. 

 “The knock-on effect of the mall’s prosperity is good news for the Emirate of Ajman and shows that the endeavours made by Ajman Free Zone to entice and maintain trade, as well as larger UAE government objectives to create and maintain healthy links with China are working very well indeed, building on that we are planning on further developing the China Mall project” according to H.E Fatma Salem, Acting Director General of Ajman Free Zone.     

The UAE’s bi-lateral trading relationship with China has helped in underpinning the continuing success of China Mall.  Trade between the UAE and China hit $53 billion last year, and this is forecast to double over the next decade. Trade activity between the two countries is very buoyant, and an important contributor to China’s One Belt, One Road (OBOR) initiative, a $900 billion policy by the Chinese government to build on ancient trade routes from China through central Asia by rail and to Africa and beyond by sea.  

Ajman’s China Mall currently boasts 1000 trading enterprises, accommodated within a 280,000 square meter plot, which also includes warehousing and logistics.  Currently the daily footfall is 10,000, with this increasing to 20,000 at the weekend. The retail offering includes light industrial products and trading and tertiary industry, which mainly covers textiles, sanitaryware, building materials, garments, furniture, home appliances and a variety of small commodities. 


Previous in Real Estate & Retail

Next in Real Estate & Retail


Home >> Real Estate & Retail Section

Latest Press Release

Tashkeel announces open call for affordable design range Tanween

LG's Groundbreaking Dualcool With Inverter Tech Delivers Performance and Energy ...

Southwest Airlines® Joins NDC Exchange

Emirates Partners with the West Asian Football Federation Championship

du Announces Winners to Conclude IoT & AI Pioneers Competition

Canadian University Dubai partners with hospitality industry players to boost to ...

Sony Introduces New WF-1000XM3 Truly Wireless Headphones with Industry-leading N ...

Al-Futtaim Toyota makes car ownership easier than ever with Toyota Choices

Danube Group Expands into the Healthcare segment

Thought-Evoking Clothing Brand Exhale Releases Limited Edition “Be” Kimono

Dubai Land Department cooperates with Dubai Police to initiate new smart home se ...

Shopping, Dining & Entertainment takes centre stage at Khalidiyah Mall

UAE Team Emirates Takes Two More Top 10 Finishes in Stage 11 at the Tour De Fran ...

Ministry of Health & Prevention Warns of Health Hazards Due to Illegal Slaughter ...

Indian playback singer Amit Kumar to dazzle guests with a vibrant performance at ...

Union Coop Awarded ‘ISO Business Continuity Certificate'

Automation Anywhere Expands into the Middle East with the Opening of Regional He ...

Etisalat unveils new ‘together' emoji to mark World Emoji Day

Empower: District cooling is environmentally-friendly and saves energy

More than 73 thousand patients receive screening and treatment through SEHA's mo ...