Serviced Offices in China

Office Space in China

The People’s Republic of China is located in East Asia and is the second largest country in the region in terms of area. After implementing economic reforms in 1978, China now has the second largest economy in the world in terms of nominal GDP. In addition to the United Nations, China is also a member of the World Trade Organization (WTO), the G-20, the Asia-Pacific Economic Cooperation (APEC), the Shanghai Cooperation Organization, the BCIM Forum and the BRICS.

The country has emerged as a world leader in the manufacturing industry due to high rates of productivity, low labour costs and good infrastructure. With access to various markets including the US and Europe, China is the perfect place for entrepreneurs looking to establish a foothold in these locations.

Beijing and Shanghai are the most popular cities for office space in the country. Numerous multinational firms have set up offices in Shanghai which is also known as the financial hub of the country. The capital city of China, Beijing, hosts important government offices and is the first choice for many businesses eyeing a presence in the Asian market.

Beijing Area Information

Beijing 2The Beijing Central Business District (CBD), Zhongguancun, the Beijing Financial Street, the Beijing Olympic Center Zone, the Beijing Economic-Technological Development Area and the Beijing Airport Economic Zone and the most sought after areas for office space in the city.

Situated in the east, the Beijing CBD is characterized by some of the largest skyscrapers in the city and also houses corporations from various industries.

Zhongguancun, also known as China’s Silicon Valley, is in close proximity to two of the country’s most esteemed universities. The area is popular with IT firms and startups as well as large organisations can be found in the locality.

The Beijing Financial Street accommodates almost all of the banks and financial firms in the city.

Home to the China National Convention Centre, the Beijing Olympic Center Zone is not only equipped to host business expos but is also a famous tourist destination too.

Many engineering firms, research companies and pharmaceutical industries are based in the Beijing Economic-Technological Development Area.

Close to the international airport, the Beijing Airport Economic Zone supports businesses related to the airline industry, logistics services and automobile manufacturers.

In terms of price, serviced offices in Beijing start from around ¥ 2000 per person per month and can go above ¥ 7500 per person per month depending on the location and amenities provided.

Shanghai Area Information

Shanghai 2PuXi and PuDong are well known areas for business in the city. The districts of Jing An, Hong Qiao and Xu Hui in PuXi and the district of LuJiaZui in PuDong are the most in demand locations for office space in Shanghai.

Situated in Downtown Shanghai and in close proximity to the Shanghai Exhibition Centre, the Jing An district is home to a variety of office spaces designed to meet the needs of both startups and large corporations.

The main airport is located in the Hong Qiao district which is set to undergo large scale development and will provide an estimated 350,000 square meters of office and retail space.

The Xu Hui district is a famous commercial hub in Shanghai and renowned shopping complexes such as the Pacific Sogo and the Grand Gateway Shanghai can be found in this locality.

Countless financial companies and insurance are firms are based in LuJiaZui due to which the district is considered as the financial epicenter of the city. In addition to the Shanghai Stock Exchange, world renowned skyscrapers such as the Oriental Pearl tower, the Bank of China tower and the Shanghai World Financial Center are based in this area.

In regards to the costs, serviced offices in Shanghai start at around ¥ 1700 per person per month and can go up to ¥ 8000 per person per month depending on the location and the facilities.