Transcription of China Logistics Demand - JLL
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China Logistics Demand - JLL
June 2017 China Logistics Demand2 JLL China Logistics DemandJLL China Logistics Demand 3 Macro DemandChina s growing consumer class is the driving engine behind the growing Demand for high-quality Logistics distribution space. The country s household consumption has risen alongside average disposable incomes for the past two decades. Increasing incomes in turn are driving retail sales across a range of product categories, including fast fashion, durable goods, food and beverage, household items, personal automobiles, and more. China s middle class and retail market are both growing geographically more diverse. Wealth and spending in the first twenty years of the country s reform period were concentrated in the Tier 1 cities like Beijing and Shanghai. Those cities have continued to become more financially advanced, but in recent years a growing population in Tier 2, Tier 3, and even Tier 4 cities has entered the consumer class, willing and able to spend money on branded goods.
JLL ｜China Logistics Demand 3 Macro Demand China’s growing consumer class is the driving engine behind the growing demand for high-quality logistics distribution space.
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