Research on the Differences, Causes and Solutions of Commercial Development Levels within Cities-Take Guangzhou, China as an Example

Zihuan Xu

doi:10.54254/2754-1169/69/20231396

Research Article

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Published on 8 January 2024

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Xu,Z. (2024). Research on the Differences, Causes and Solutions of Commercial Development Levels within Cities-Take Guangzhou, China as an Example. Advances in Economics, Management and Political Sciences,69,190-198.

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Research on the Differences, Causes and Solutions of Commercial Development Levels within Cities-Take Guangzhou, China as an Example

Zihuan Xu *^,1,

¹ School of Humanities and Economic Management, China Agricultural University, Beijing, China

* Author to whom correspondence should be addressed.

https://doi.org/10.54254/2754-1169/69/20231396

Abstract

Guangzhou is a very important commercial city and commodity distribution center among the four major frontiers. Its business has been prosperous for thousands of years. Guangzhou has been a commercial capital for thousands of years, and commerce is one of its most significant urban features. However, as one of the windows through which modern China connected with the world, Guangzhou did not excel in selling imported luxury goods into China. This is not only reflected in the number of stores, but also in the sales of luxury stores. Compared with other first-tier cities in Beijing, Shanghai and Shenzhen, Guangzhou’s luxury goods sales are not outstanding; even among the second-tier and first-tier provincial capital cities of Hangzhou, Chengdu and Nanjing, Guangzhou does not have the upper hand. As one of the traditional commercial centers, why does Guangzhou perform poorly in the field of luxury goods sales and fall behind? This article will analyze the current situation of Guangzhou's business development, discuss the current differences in Guangzhou's business, analyze the current problems of Guangzhou's business, propose solutions to this problem, and look forward to its future development.

Keywords

Guangzhou, luxury goods, culture

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About volume

Volume title: Proceedings of the 2nd International Conference on Financial Technology and Business Analysis

Conference website: https://2023.icftba.org/

ISBN：978-1-83558-269-5(Print) / 978-1-83558-270-1(Online)

Conference date: 8 November 2023

Editor：Javier Cifuentes-Faura

Series: Advances in Economics, Management and Political Sciences

Volume number: Vol.69

ISSN：2754-1169(Print) / 2754-1177(Online)

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