Guanshanhu sees rapid development of commercial real estate economy

As a gathering place for businesses, Guanshanhu district in Guiyang is exploring a unique high-quality development path for the commercial real estate economy.

By optimizing its layout, innovating service models, and improving industrial chains, the district managed to see more than 20 of its buildings achieve a revenue of over 100 million yuan ($14.03 million) by the end of 2023.

The Guizhou Provincial Brand Center, located in the district, houses a number of Guizhou time-honored brands and companies specializing in specialty agricultural and related products. In the first three quarters of 2023, the center's total revenue exceeded 180 million yuan, and more than 40 companies operating in the district provided more than 1,900 jobs.

As of December 2023, the number of commercial office buildings in Guanshanhu had reached 137, with 15,603 companies setting up operations.

In 2022, the total taxes paid by enterprises operating in commercial buildings in the district reached 11.3 billion yuan.

Moving forward, Guanshanhu will continue to build an intelligent building management platform, further promote the development of modern service industries, and cultivate new economic growth points.