This intersection is a coveted spot on the commercial street.
Tips
history
From 《周书·王悦传》 (Book of Zhou, Tang dynasty compilation): 白马要冲,是必争之地 — 'Baima is a key pass, a place that must be contested.' Originally strictly military, now routinely applied to markets, real estate, and sports.
usage
Very often preceded by 兵家 (military strategists) — 兵家必争之地 is the stock collocation. In business writing, swap in the relevant actor: 各大平台的必争之地.