The biggest electronics market in China and also in Asia is Huaqiangbei electronics center in Futian District, Shenzhen City, Guangdong Provice, China.
What is Hua Qiang Bei?
Huaqiangbei, or spelled as Hua Qiang Bei, is a name of a street, Huaqiang North Road, or just called Hua Qiang Bei Lu. Huaqiangbei is one of the busiest business circles areas in Shenzhen, another business circle is Dongmen, which is also a name of a street.In Hua Qiang Bei, there are many electronics retailers ,wholesalers and shopping malls.like SEG electrics market, Baohua Mansion, Saibo Digital Market,etc.
What is the history of Hua Qiang Bei?
Hua Qiang Bei used to be an industrial area when in the 1980s and the early of 1990s. There were over 40 electronics, comminication and home appliance factory building in the time, and this area became more and more popular in the 1990s, municipal government saw the opportunity and tranformed it and made it as a business center, and since there, many factories couldn’t afford to pay the high rent and had to move away, more and more shopping centers have been built since 1998.
How Big and busy is Hua Qiang Bei?
Hua Qiang Bei is 1 kelometer from south to north, 1.5 kelometer from west to east. The traffic is 0.5 million people per day.Over 10 thousands retailers, and more than 20 shopping malls.