What is the meaning of central business district?

Central Business District (CBD) refers to the area where the main business activities are carried out in the city.

Generally speaking, CBD is located in the center of the city, which highly concentrates the economic, technological and cultural forces of the city. As the core of the city, CBD should have many functions such as finance, trade, service, exhibition and consultation, and be equipped with perfect municipal transportation and communication conditions.

The central business district is the symbol and symbol of urban modernization, the functional core of the city, and the dense area of urban economy, science and technology and culture, which is generally located in the golden zone of the city. A large number of financial, commercial, cultural, service and a large number of business offices, hotels, apartments and other facilities have been concentrated. It has the most perfect modern infrastructure and good traffic and communication environment, and a large number of companies, financial institutions and enterprise consortia carry out various business activities here.

CBD is mostly located in the main core area of a country or region, where there are all kinds of first-class buildings and perfect public facilities, such as Grade A commercial buildings, shopping malls, government and public institutions, entertainment facilities and so on. In addition, the traffic accessibility in this area is extremely high, and highways, railways, ports and airports are all located in convenient locations around this area, making it extremely convenient for citizens to travel between regions. CBD generally covers an area of 3 to 5 square kilometers, some even larger, with a total construction area ranging from 56 million square meters to tens of millions of square meters. CBD is not only the functional core of a city, but also an important symbol of a modern metropolis, and the land price in its central area is often much higher than that in the surrounding areas of CBD.

CBD highly concentrates the city's economic, technological and cultural forces, and has many functions such as finance, trade, service, exhibition and consultation. The specific function of CBD requires that the buildings in this area must be high-density and modern. Therefore, CBD has gathered many magnificent and patchwork super high-rise buildings, and has very convenient transportation, modern information exchange system and a large number of office, catering, service and accommodation facilities. Generally speaking, offices account for 50% of the total construction area, commercial, catering and commercial-residential buildings account for about 40%, and other service facilities and necessary supporting facilities account for about 10%.