One million people visited Ajman’s China Mall, Gulf Chinese Trading Corporation, during the first quarter of 2019, and the mall continues to thrive with a 90% occupancy rate. Of the visitors, 10% were tourists, with the remainder coming from Ajman and the neighbouring Emirates.
Affordable prices, choice of products and a convenient shopping experience all contributed to make the China Mall, which was established in 2010, a popular choice for discerning shoppers from near and far.
“The knock-on effect of the mall’s prosperity is good news for the Emirate of Ajman and shows that the endeavours made by Ajman Free Zone to entice and maintain trade, as well as larger UAE government objectives to create and maintain healthy links with China are working very well indeed, building on that we are planning on further developing the China Mall project,” stated Fatma Salem, acting director general of Ajman Free Zone.
Ajman’s China Mall currently boasts 1,000 trading enterprises, accommodated within a 3.01 million sqft plot, which also includes warehousing and logistics. Currently the daily footfall is 10,000, with this increasing to 20,000 at the weekend. The retail offering includes light industrial products and trading and tertiary industry, which mainly covers textiles, sanitaryware, building materials, garments, furniture, home appliances and a variety of small commodities.
The UAE’s bi-lateral trading relationship with China has helped in underpinning the continuing success of the China Mall. Trade between the UAE and China hit $53 billion last year, and this is forecast to double over the next decade. Trade activity between the two countries is very buoyant, and an important contributor to China’s One Belt, One Road (OBOR) initiative – a $900 billion policy by the Chinese government to build on ancient trade routes from China through central Asia by rail and to Africa and beyond by sea.
J Lindeberg was started by Johan Lindeberg in 1990s with the aimSeptember 2, 2022 | By RetailME Bureau
Majid Al Futtaim has made significant strides toward environmental, social, and corporateJuly 5, 2022 | By RetailME Bureau
Abu Dhabi based grocery retail chain Lulu Group has partnered with Amazon
UAE-government-led initiative Food Tech Valley – announced in 2021 by His Highness
Abu Dhabi-based supermarket chain Lulu Hypermarket is all set to open in
Plant-based meat brand Beyond Meat’s financial results for the third quarter of
UAE’s fresh produce brand Barakat has launched bio-degradable packaging across its entire
UAE-based agritech start-up Pure Harvest Smart Farms has signed a Memorandum of
Carrefour, owned and operated by Majid Al Futtaim – Retail in the
Grandiose Supermarket, part of Ghassan Aboud Group, has announced expansion plan in
The Valrhona journey began 100 years ago with a cocoa bean. Since
Deliveroo UAE has announced the expansion of its rapid grocery delivery service
The Ministry of Climate Change and Environment (MOCCAE) revealed that the UAE
Dubai’s newest lifestyle and shopping destination Silicon Central – under the portfolio
Line Investments & Property LLC, the shopping mall and management division of
The Dubai Festivals and Retail Establishment (DFRE) has unveiled an exciting line-up
This month Dubai’s Italian themed Mercato mall will complete two decades since
Majid Al Futtaim’s shopping mall City Centre Mirdif has launched a two-week
UAE-based retail conglomerate Landmark Group’s children’s concept Babyshop has opened a new
Dubai’s new lifestyle and shopping destination Silicon Central signs up five brands
Sunset Hospitality Group (SHG) has announced a partnership with award-winning Italian restaurant
UAE-based retail group Brands For Less Group (BFL) launched its first shopping
The UAE e-commerce market is expected to reach $9.2 billion in 2026,
As part of its expansion plan home-grown brand PINZA! opens two dine-in
Alison Rehill-Erguven the new CEO of Arabian Centres Company (ACC), owner, developer