What does cbd mean?

Central Business District (CBD) refers to the area where the main business activities are carried out in a country or city. Its concept first appeared in the United States of 1923, and was defined as "business gathering place" at that time. Subsequently, the connotation of CBD has been continuously enriched, and it has become the economic development center of a city, a region and even a country.

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 have perfect municipal transportation and communication conditions.

Extended data

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 such as transportation and communication and a good environment, and a large number of companies, financial institutions and enterprise consortia carry out various business activities here. For example, there is a commercial center in Sydney, and the commercial centers in Hong Kong are in Central and Tsim Sha Tsui. The United States and Canada call the central business district "urban business district", because in the past, residential areas were all on the mountain, while shopping streets were all under the mountain. Japan and South Korea call CBD "capital" or "busy street".

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, and some are even larger, with a total construction area ranging from five to six 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 its central land price is often much higher than that of the surrounding areas of CBD.