Haikou will invest 52 billion RMB on mall development this year, building more shopping malls citywide.
In recent years the local government has been working to introduce more high-end and well-known brands within China in order to promote the development of urban business and sustainable economic development.
Located in the Haixiu Area, the Haikou Wanda Complex will be a multi-functional combination of shopping, leisure, dining and entertainment. The mall will help stimulate regional dynamics and optimize regional value.
In 2015, Haikou plans to build 18 shopping mall projects. Two of them have been completed and 4 projects have started construction. According to the plan, 16 commercial projects are set to be completed within 3 years.