Traits of Life
After China’s policy of reform and opening up got underway in 1978, electronic industry resources from the Chinese mainland and Hong Kong consistently gathered in the southern city of Shenzhen, Guangdong Province. That was the one moment in time when the Huaqiangbei Electronic Market in Shenzhen’s Futian District set off on its now legendary journey. A manifestation of cutting-edge information, the tech super-hub today accounts for nearly 90 percent of the city’s electronic digital products trading shares.
This particular street market grew from several factories of roaring machines into a street of small electronics processing and trade outlets. Nevertheless, today, it is an established business circle featuring multifaceted structures of all sorts. The area’s development embodies both the launch of the Shenzhen Special Economic Zone
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