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The electronics sellers for which Huaqiangbei is famous have mostly gone home, but the wholesale cosmetics merchants crammed into 1,400 stalls in the sprawling market's Mingtong mall will be ...
In 2005, China's electronic information sector made up 16.6% of the country's economic growth and its added-value output formed 7% of the GDP. Manufacturing was the sector that grew the fastest. [3] As of 2011, China is the world's largest market for personal computers. [4]
Yiwu International Trade City (Chinese: 义乌国际商贸城), also known as the Yiwu Market, is the primary wholesale market complex in Yiwu, Zhejiang, China. According to the World Bank, it is the world's largest small commodities market. [3] [4] In 2022, the market sold around US$70 billion of goods. [5]
China: 6,188 2 Germany: 2,721 3 United States: 1,966 4 Denmark: 1,436 5 United Kingdom: 899 Parts suitable for use solely or principally with electric motors and generators, electric generating sets and rotary converters (8503) 26,337 1 China: 7,760 2 Germany: 2,213 3 Japan: 1,632 4 Italy: 1,329 5 United States: 1,240
Since 2013, China is the world's largest e-commerce market. [2]: 99 Its domestic e-commerce market was an estimated US$899 billion in 2016. [3] China accounted for 42.4% of worldwide retail e-commerce in that year, the most of any country. [4]: 110 In 2019, online retail sales were 21% of China's total retail sales.
Huaqiangbei (Chinese: 华强北; lit. 'Huaqiang North') is a subdistrict of Futian, Shenzhen, Guangdong Province, China. [2] It is one of Shenzhen's notable retail areas, having one of the largest electronics markets in the world. [3]
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