The Ministry of Commerce says that in recent years, the rents for physical stores increased at the rate of 20% p.a., bringing enormous pressure to the operators, the ministry will take various measures to actively guiding the market to lower the rents.

ANBOUND's research team is of the view that the increase of rents at the rate of 20% p.a. is almost three times higher than the economic growth of 6.5%-7.0% in China, a total deviation from the normal trajectory of China’s economic development.

This has not only suppressed the ability of the physical stores to strive and innovate but also hinder the development of the domestic economy in China.

In fact, the high rents have become an obstruction to China’s economic development.