Definition of 1.5 line city

Jones Lang LaSalle defines the 1.5 line city among the top 50 emerging cities in China as follows: this is a new urban category in 20 12, including Chengdu, Chongqing, Shenyang, Tianjin and Hangzhou. In terms of maturity and activity of economy and real estate market, these cities are ahead of the top 50 emerging cities in China. Thanks to the strong support of the central government policy, a large number of infrastructure investment and foreign direct investment have emerged. These cities have the characteristics of large scale, high openness and diversification, attracting a large number of domestic and multinational enterprises, as well as many international retail brands and international hotel operators. They are experiencing large-scale commercial real estate development. With the increase in the number of world-class high-quality properties and the emergence of the first large-scale property investment transaction, the real estate investment market in these cities has developed rapidly. Their major commercial real estate formats have great potential.