Major luxury shopping malls, such as Sino-Ocean Taikoo Li Chengdu and Chengdu IFS, were forced to close beginning Thursday.
Chengdu quickly became a bright spot for luxury and fashion brands in the country for the first half of the year, as sudden lockdowns in majorBut due to COVID-19-related outbreaks in July and a severe power shortage, total retail sales of consumer goods in Chengdu dropped 0.5 percent year-over-year to 530.69 billion renminbi, or $76.8 billion during the first seven months of the year, according to data from Chengdu Municipal Bureau of Statistics.
Sporadic lockdown measures have recently been imposed in the southern megacities Shenzhen and Guangzhou, the northern port of Dalian and Shijiazhuang of Hebei province in Central, as the country sticks to Beijing’s strict zero-COVID-19 policy ahead of the 20th Party Congress in October. Set to start on Oct. 16, the key political meeting is widely expected to see Xi Jinping secure an unprecedented third term as China’s leader.
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