1、JLL Value and Risk AdvisoryJJJ|August Beijing-Tianjin-Hebei Non-bondedGrade A Logistics Real EstateMarket OverviewQuarterly Report Q2 2024201JJJ Macroeconomic OverviewJJJ Non-bonded Grade A Logistics Real Estate Market Overview01JJJMacroeconomicOverviewJJJs Share inChinas TotalGDP,Q2 20247.8%8.3%7.2

2、%11.7%3BeijingSource:National and Local Bureaus of Statistics,JLL Value&Risk AdvisoryJJJ Non-bonded Grade A Logistics Real Estate Market OverviewJJJ Macroeconomic OverviewTianjinHebeiJJJs Share inChinas TotalPopulation,2023JJJs Share inChinas Import&Export Volume,Q2 2024JJJs Share inChinas TotalReta

3、il Sales,Q2 2024Regional Overview18,61417,74721,07022,51220,70621,15524,20624,28521,52922,757+4.0%+4.6%41,861 1,775 2,107 2,251 2,370 2,493 2,071 2,116 2,421 2,428 2,554 2,657 2,153 2,276 2,495 2,562 2,651 2,363 2,473 2,612 2,788 2,869 201920202021202220232024Q1Q2Q3Q4Source:National and Local Bureau

4、s of Statistics,JLL Value&Risk AdvisoryJJJ Non-bonded Grade A Logistics Real Estate Market OverviewJJJ Macroeconomic OverviewJJJs Overall Economy SawStable Growth in Q2 2024Growth vs H1 2023Growth vs Q2 2023YoY Nominal Growth,Q2 2024YoY Nominal Growth,H1 2024JJJs GDP,2019 Q2 2024(Billion RMB)7,7805,

5、9057,5827,7788,0988,0137,1827,7657,1287,9468,5017,5297,6197,9148,032+5.2%+4.4%5778 591 758 778 810 859 801 718 776 713 795 829 850 753 762 791 803 1,013 939 918 827 925 201920202021202220232024Q1Q2Q3Q4Source:National and Local Bureaus of Statistics,JLL Value&Risk AdvisoryJJJ Non-bonded Grade A Logis

6、tics Real Estate Market OverviewJJJ Macroeconomic OverviewJJJs Retail Sales Recovery Continued in Q2 2024Growth vs H1 2023Growth vs Q2 2023YoY Nominal Growth,Q2 2024YoY Nominal Growth,H1 2024JJJs Retail Sales,2019 Q2 2024(Billion RMB)7,8667,702+2.0%+1.5%6618 453 573 647 639 655 691 620 737 718 713 7