The annual ICSC Asia Shopping Center Awards, now recognized as the region's benchmark standard for the retail industry's top marketing and development initiatives, will be presented at a reception on November 8, following the first day's conference program. This year 120 entries representing 14 Asian countries have been selected as finalists for its Asia Shopping Centre Awards competition. "For the first time, we have 10 finalists from Mainland China -- providing yet more quality opportunities to retailers who seek to expand their reach into this multi-billion-dollar market." said Mr. Tan.

ICSC Study Tour

A pre-event Study Tour November 2-6 will offer global players an up-close look at China's super-charged focus on quality: Shanghai's spectacularly transformed and now upscale Huai Hai Lu; Beijing's BHG Shangdi Mall, probably China's boldest adaptation of the American suburban mall model; and Dalian's transformative face-lift of the Dalian Tianxing Roosevelt Center. The tour, sponsored by mall developers Beijing Hualian Group and Perennial and commercial real estate consultants TCBL and T&C promises retail professionals first-hand insights on China's high-growth, fast-changing retail economy.

 

According to China's National Bureau of Statistics, China's retail sales of consumer goods for the first half of 2010 totaled RMB 7.27 trillion (USD1.09 trillion), 18.2% up on the same period in 2009.