Abstract

The rapid development of economy and society has brought the prosperity of commerce with the rising of commercial real estate and expansion of urban trade area. The study of evolution of urban trade area is of great importance to the commercial real estate investment and urban commercial planning. In this paper, we analyze the factors affecting the evolution of urban trade area and the impact mechanism of them by taking Nanchang city of Jiangxi Province for example. The paper also illustrates the relative importance of the factors affecting the urban trade area evolution by means of grey correlative degree analysis. The empirical study provides the foundation for the decision-making and planning of the relevant real estate corporations and the local government.

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