Saturation of shopping malls seen in Tier-1cities    According to Boston Consulting Group, China has 4,500shopping malls andmore than 500are in Tier-1cities, or about 60% are in Tier-1and 2cities. Anexpert from the consultancy sees saturation in Tier-1cities and believes that the“one-stop shop” mode can no longer satisfy consumers. Despite the recentimpact of e-commerce, shopping malls have maintained a 43% market share oftotal retail sales in China, according to the consultancy. (The Paper)    Anhui one-stop real estate online system on trial    The trial of a real estate tax payment and service online system of Anhuiprovince commenced in Wuhu City. Via the one-stop system, tax payers canregister their real estate transactions and complete the whole process includingsubmission of supporting documents and making tax payment online. Thesystem is connected to multiple government authorities and a national paymentnetwork. (CFI)

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