Date: Thursday February 16, 2006 10:22:00 am
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Beijing restricts big box development
February 2006 – Beijing (CHN): Chinese authorities in Beijing will limit the construction of new supermarkets and other large commercial facilities in urban areas starting this year, according to local news agencies.
Building a hypermarket with an area of more than 6,000 sq m will be strictly limited within the Second Ring Road, said the Beijing Municipal Bureau of Commerce.
Construction of large commercial facilities with an area of more than 10,000 sq m will be restricted within the Third Ring Road, while the construction of such facilities with an area larger than 50,000 sq m will be restricted within the Fifth Ring Road, it said.
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