Bailian Group’s Shanghai Qingpu Outlets reported sales exceeding 6.3 billion RMB ($903 million) in 2025, maintaining its position as China’s top-performing outlet mall for the 14th consecutive year. The location recorded approximately 50 million RMB ($7.2 million) in overseas visitor tax refunds, a YoY increase of over 90%. Bailian plans to expand its outlet portfolio to 15 locations by 2030, with total operating space surpassing 2 million sqm. The Qingpu Outlets, currently undergoing a second-phase expansion, will add about 95,400 sqm and approximately 100 new brands. The company aims to develop projects in Hangzhou, Jinan, Chengdu, Xi’an, and Zhengzhou.

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