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Readers opinion Gordon Benton, Lippo Karawaci voted #1 in Indonesia and #9 in Asia-Pacific 2005 by Euromoney There is so much going on in China, and of course we are all reading about the realm of real estate. CRE China enables me to check out the latest trends and level of investor interest very important for my job as an Urban Planner and Investment Advisor.

Mr. Michael Bowens, Manager, CB Richard Ellis | Industrial & Logistics Services Shanghai: I got the new edition of the Real Estate magazine, it looks GREAT! Well done. I usually glance at most of the business magazines that land on my desk but this I will not only read, I will take home to re-read.

Mr Pan Nai Yue, Sales Manager, Marketing and Sales Center, Shanghai Caohejing Hi-Tech Park: CRE China is really a very high quality magazine, and provides professional ideas that even others talk about. Although we are an INDUSTRIAL property developer, and mainly focus our business on industrial property, industrial parks, and standard workshops, we are very interested in your magazine, as you could help us to convey our products to our target market and potential clients.


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Chongqing – A Macro Perspective

Chongqing is China’s most populous city with about 32 million as of 2006. It is the fourth municipal city in China, after Beijing, Shanghai and Tianjin. Chongqing is located in the south-eastern section of Sichuan Basin, at the confluence of Yangtze and Jialing Rivers. In relation to the whole of China, Chongqing is in the south-west and about 45 minutes by air from Chengdu which is the capital of Sichuan Province.

As a reflection of its municipal status, the Chongqing Municipal Authority intends to strengthenChongqing as a center for regional finance, trading, technology and information centre, coupled with transportationand information.

The current CBD is in Jiefangbei in Yuzhong District. Jiefangbei Area is the hub for commercial, retail, hotel, and entertainment facilities. Most of the foreign enterprises register their business addresses in this district, which enjoys convenient accessibility from Light Rail No. 2.

Having just celebrated its 10th anniversary as a municipality in 2007, its economy has grown in the last few years. In terms of GDP, this has doubled from RMB 173 billion to RMB 349 billion from 2001 to 2006, reflecting double-digit growth of 15% per annum. In 2006, the growth rate of 12.2% year-on-year surpassed the nationwide average of 10.7%. Factors contributing to the strong momentum came from main industries such as automobile manufacturing, iron, and steel since it is the industrial hub in southwest China. GDP per capita rose from RMB 5,700 in 2001 to RMB 12,500 five years later, pointing to improved living standards.

Mireille Daphne Wan, Managing Director, CB Richard Ellis, Chengdu
For the full-length version of this article, please subscribe to CRE China

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ImpressMedia is an established British publishing house which over the past four years has created a series of real estate magazines in Russia. The most famous of these is Commercial Real Estate, which has become a strong brand in the Russian market, and serves as an important means of communication between suppliers and providers; as well as between real estate professionals seeking to widen their horizons. In 2003, ImpressMedia also started a yearly commercial real estate Awards ceremony, which has now become an integral part of the real estate world in Russia. John Harrison helped create 'Commercial Real Estate' magazine in Russia, and was its first editor, from November 2002 to August 2005. He has written about real estate for over a decade.
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