Longhua District is the commercial center of the central and north area of Shenzhen, featuring the tertiary-industry. The Longhua commercial center area takes up 10 square kilometers. It has more than 20 large-scale retain stores that are listed in “Top 100 Chain Stores in China”, including Rainbow market, China Resources Vanguard Shop, Shirble, GOME Electrical Appliances and Suning Appliance. It has four hotels that are above three-star, including one five-star hotel. There are 89 banks in the District and 32 bank branches. In addition, along Shenzhen North Rail Station, Longhua Terminal and other transport hub, a series of logistic companies are set up in Longhua District and serving the entire city, including Whampoa Logistics, Shenzhen International South China Longistics Co., LTD. , Huatongyuan Highway Freight Center, and so on.
Since its establishment, Longhua District developed rapidly in commerce and trade field. In 2013, the total retail sales of social consumer goods was 20.286 billion yuan. In 2014, the total retail sales of social consumer goods reached 22.187 billion yuan, with an increase of 9.4%. By the end of 2014, the total number of business spots in Longhua District was 39165, accounting for 13.6% of the total number in Shenzhen, ranked No. 3 in Shenzhen. These spots took up a total area of 4.591 million square meters. Among them, 98 business spots have a total area of 5,000 square meters or above, and a total area of business service of 2.2 million square meters. It has 50 large-scale retail commercial entities, including 9 Square, Galaxy COCOCITY, Mission Hills MH mall, Yitian Holiday Plaza, 8 Outlet, North Rail Station Times Square and so on. There are 29 registered auto sales companies, including 22 stores for 4S car and other middle to high-end brands. As of the first half of 2015, Longhua District has six logistics parks, such as South China International Logistics, Shenzhen International Huatongyuan Logistics, Kaidongyuan Logistics, Whampoa Storage, Kaitong Logistics Longhua Base and Kaitong Logistics Guanlan Base. There are 31 above-scale logistics companies; 15 export supervised warehouses at each logistics park, and 9 export bonded warehouses, which formed a logistics hub in the north-central Shenzhen. From January to October 2015, the total retail sales of consumer goods reached 192.1 billion yuan, with an increase of 3.6%. The growth rate was ranked fourth in the city. In 2015, the total retail sales of consumer goods reached 23.56 billion yuan, with an increase of 3.3%. From January to May 2016, the total retail sales of social consumer goods reached 9.629 billion yuan, with an increase of 8.5%.
According to the plan, Longhua District would have a municipal level commercial center (a total of 5 in Shenzhen), one district-level commercial center (a total of 18 in Shenzhen), one municipal level business functional district (a total of 5 in Shenzhen), and a number of characteristic business district and commercial streets. In recent years, through rational planning and system layout, Longhua District has gradually formed an integrated "one gallery, two core, multi center" commercial space pattern and a business development space layout with Longhua characteristics.
Dalang Commercial Center
Dalang Commercial Center is a commercial center outside the special zone at the same level as Shenzhen Dongmen Area, Huangqian North, and Shenzhen Bay Street.
Dalang Commercial Center is the core commercial cluster of “Two Areas, One City” industrial planning of Longhua District, which is proved by Longhua District Administration Commission and managed by Shenzhen Hengguan Investment Development Co. LTD. It has a variety of services and businesses, including malls, supermarkets, movie theatre, financial center, food court, bars, digital devices center, European style street, sports street, luxury brands street, and others. It features two 500-meter trails and around 40 special blocks. It is also a city commercial landmark with 33 themed business buildings and more than 2000 parking slots. Around 500 famous brands and projects open up branches in Dalang Commercial Center, including Fun Mall, G2000, McDonnell’s, Luk Fook Jewelry and so on. Jihe Expressway, Longda Expressway, and Fulong Road go across here. It is adjunct to Yangtao Mountain Forest Park. It is an ideal place for leisure and entertainment.