Nanjing Xinjiekou Commercial Circle is a developed business circle and has a high intensity of business units.
Among the commercial circles in Nanjing, Xinjiekou Commercial Circle holds the leading position around the country in terms of facilities, goods, prices and service.
The average number of daily visitors reaches 400,000 to 500,000, with the highest level of over one million during holidays. It also attracts famous enterprises including WalMart, Wanda Group and Five Star electrical appliance.
On March 23, 2005, the Work Committee of the Chinese Pedestrian Street was selected in the Top 10 “Famous Streets in China” list and Xinjiekou Commercial Circle ranked the third, following Wangfujing in Beijing and Nanjing Road in Shanghai.
Xinjiekou Commercial Circle has more than 1600 stores within 0.275 square kilometers of one another. With retail sales of social consumer goods reaching 12.6 billion yuan ($ 2 billion)in 2004, it boasted the highest retail sales among the top 10 commercial streets.