According to the latest data on Beijing’s commercial development released by the China Department Store Commercial Association, since 2023, the city has added over 3 million square meters of commercial space, including more than 30 large commercial facilities of over 20,000 sqm, and completed upgrades to 38 business districts. Additionally, since 2019, Beijing has attracted over 4,000 flagship stores and established regional headquarters for consumer brands such as Galeries Lafayette and Starbucks.