Dubai PR Network, Online Press Release from Dubai and Middle East
 
Mall, Retail & Hospitality(Real Estate & Retail)
Filter PR by
  
China Mall records over one million shoppers in the first quarter of 2019
 

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. 


Posted by : Dubai PR Network Editorial Team
Viewed 5557 times
PR Category : Real Estate & Retail
Posted on : Tuesday, June 18, 2019  4:12:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : 48 brands receive Superbrands recognition at Gala Event
Next Story : Get lucky at Ibn Battuta Mall this DSS with prizes worth AED...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Foreo Reveals the Ultimate Valentine's Gift List for Women [16635-Views]
Zeitun Cosmetics Launch in UAE [14256-Views]
Elegant diamond-swathed Kalpa Kalparisma set to dazzle fine watch enthusiasts [11822-Views]
160 Years Young: Tag Heuer Kicks Off a Milestone Anniversary With the Re-edition of a Heue... [11669-Views]
Beleaf's Top 5 Vegan Supplements [11474-Views]
Foreo Reveals the Ultimate Valentine's Gift List for Men [11230-Views]
Oris pays tribute to the world's greatest jazz musicians with Art Blakey Limited Edition t... [10205-Views]
Traversetolo Vitre in blue dial makes stunning impact [9650-Views]
Beleaf Opens its Fifth Store in Springs Souk [9565-Views]
Why this is the right time for TMCs to automate their processes? [6442-Views]
Sergio Garcia and Tommy Fleetwood Tee off at the 2020 OMEGA Dubai Desert Classic [5209-Views]
Medical software company Evolucare Technologies presents its high-performance solutions at... [4801-Views]
MoHAP's Training & Development Center Receives the Silver Award from the American Heart As... [4502-Views]
Secure Technologies and Artificial Intelligence in Focus for Airbus at Intersec 2020 [4368-Views]
The best crossbody bags for spring [4014-Views]
World security, safety and fire protection experts converge in Dubai for Intersec [3709-Views]
Western Digital collaborates with Dubai Festivals and Retail Establishment (DFRE) for Duba... [3697-Views]
MBRU faculty performs pioneering surgery at Mediclinic to treat rare swallowing disorder [3684-Views]
Sanad Powertech Awarded Shams Power Company Maintenance Contract [3648-Views]
DHA Drives Forward Patient Care with Pioneering 3D Printing Lab [3617-Views]
Pink Lady [3593-Views]
Union Coop Signs two MoUs with Dubai Foundation for Women and Children [3568-Views]
Plaza Premium Lounge Dubai Creates a Lasting Impression for Travellers Departing Dubai Int... [3508-Views]
Healthy is the Word at the Mum Mum Culinary School in Kidzania® [3477-Views]
Lacoste Eyewear Launches the New Paris Collection [3416-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories