The origin of Huaqiang North
Huaqiang North business district located in China, Futian District, Shenzhen, Guangdong Province, its predecessor is a industrial zone based the production of electronics, telecommunications, electrical products. There are more than 40 factories. Because of economic development, the factory cost becomes high, factory relocation, shopping malls settled in, Huaqiang North regional function changes. Huaqiang North has become China's largest electronics market.Scale
Huaqiang North Road, 930 meters north-south, east-west 1,560 meters, a total area of 1.45 square kilometers around the business district. Daily traffic :30-50 million people.
Economies of scale
Huaqiang North, there are 700+ commercial units. Includes 20+ large shopping malls(commercial area over 10,000 square meters); self-employed over ten thousand; sales over 23 billion yuan; employing over 130,000.Distribution format
Commercial units include electronics, electrical appliances, telecommunications, watches, mall clothing, jewelry, banking, securities, insurance, real estate, restaurants, hotels etc. Huaqiang North become multi-type, multi-format, full-featured commercial aggregates.
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