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China's commercial property sector is buzzing with fresh energy as cities roll out measures to stabilize the market and attract innovation-driven industries. Over a dozen cities have introduced policies since the Third Plenary Session of the 20th Central Committee of the Communist Party of China, which emphasized addressing property sector risks while fostering growth in tech, logistics, and green energy.
'We’re seeing a shift toward high-value industries like AI and renewable energy reshaping demand,' says Anthony Couse, CEO of JLL Asia Pacific, in an exclusive chat with CGTN. He highlights how cities are repurposing older spaces for startups and R&D hubs, creating a 'win-win' for landlords and tenants.
But what about foreign interest? Couse notes that while global investors remain cautious due to broader economic headwinds, opportunities in niche sectors—like cold-storage logistics for e-commerce—are heating up. With Beijing's focus on long-term stability, the market could soon see a new wave of strategic partnerships.
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'We’re seeing a shift toward high-value industries like AI and renewable energy reshaping demand,' says Anthony Couse, CEO of JLL Asia Pacific, in an exclusive chat with CGTN. He highlights how cities are repurposing older spaces for startups and R&D hubs, creating a 'win-win' for landlords and tenants.
With Beijing's focus on long-term stability, the market could soon see a new wave of strategic partnerships.
