Traditional Culture Encyclopedia - Travel guide - Is Chengdu expensive?

Is Chengdu expensive?

High.

As a large city in western China, Chengdu is in a leading position in the west in terms of economic, social and other development among major cities in western China. But compared with major regional central cities across the country, Chengdu is not a city with a high income level. Moreover, the income is relatively low and social development is relatively backward.

From the perspective of urban residents’ living consumption, Chengdu’s consumption level is not low. From basic living consumption to durable daily necessities consumption, to luxury consumption, etc., it ranks among the major cities in the country. At the forefront.

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The total stock of high-quality retail properties in Chengdu has exceeded 6.5 million square meters, second only to Beijing and Shanghai in the country Super first-tier cities. Well-known commercial real estate operators at home and abroad continue to focus on Chengdu, an inland gateway city. The penetration rate of well-known developers in Chengdu's retail property market ranks second in the country, second only to Shanghai.

As consumption increasingly becomes a new driving force for the economy, cities in the central and western regions need to balance the relationship between rising housing prices and consumption, prevent excessively rising housing prices from eroding residents' spending power, and make residents dare to spend and willing to spend. Consumption, love consumption.

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