China is one of the leading suppliers of electronic products in the global market. Some of the world’s leading top brands like Apple, Samsung, and Microsoft source a big part of their parts from China. The ability to keep and maintain this position is due to the variety of quality electronic markets in China.
This guide will discuss the core and most popular markets in Huaqiangbei and how to navigate through them to make the market work for you.
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A Brief Overview of the Huaqiangbei Electronic Market
Courtesy: Experience the Journey
The Huaqiangbei market started in 1979 in Shenzhen.
Shenzhen Huaqiang North Business District commonly called the Huaqiangbei market, or Huaqiang (powerful China), is in Futian District, Shenzhen City, Guangdong Province. It’s known for producing electronics, communications, and electrical products, mainly in the industrial area, featuring over 40 electronics factories.
Thanks to economic development undertaken by the city, the functions of Shenzhen Huaqiang North area have changed, and the Huaqiang North area has gradually become the most prominent electronic market in China _and perhaps the world.
The transformation of Huaqiang North Commercial Street started in 1998, turning it into one of the most traditional and popular commercial areas in Shenzhen.
Shenzhen Huaqiang North Street Business now has over 717 units, a collection of electronics, electrical appliances, communications, watches and accessories, clothing, department stores, and many other industries. Among them, 48 are primarily in the field of electronic communication.
As the market continuously became China’s one-stop sourcing haven for electronics and accessories, the State Administration for Industry and Commerce licensed the Huaqiang North Business District, Shenzhen, in 2000.
The market won the honorary title of China’s First Electronic Street at the opening ceremony of Huaqiang North Branch of the 10th China Hi-tech Fair in 2008, marking Huaqiang North Business District as the leading national electronic business industry. Shenzhen has also become a key global marketplace for electronics and related products.
The 3C’S Of the Huaqiangbei Electronic Market
Even with the recent addition of non-electronic products to their market, Huaqiangbei still majors in electronics. Their 3C products are Computer, Communication, and Consumer Electronics Products.
The market ensures you get all electronic-related products and services under one roof. For example, if you source phones from the market, you can expect relatively low prices and the availability of a variety of resources, including phone cases and screen protectors.
The Huaqiangbei electronics market also tries to beat the competition by staying creative with its products, including creating unorthodox products like car-shaped phones.
How Do You Get From Shenzhen to Huaqiangbei Market?
From Shenzhen Bao’an International Airport:
- Go to Shenzhen Bao’an Airport Station, Entrance A
- Take metro line 11,
- Transfer at the same station with line 1 to Huaqiang Road Exit A,
- Walk around 300 meters to Shenzhen Seg Electronic Market; it takes about 1 hour and costs 8RMB
The easiest way to get to the Huaqiangbei market is to take a taxi, which takes about 1 hour and costs 120-150 RMB
The Pros & Cons of Sourcing From the Huaqiangbei Electronic Market
Sourcing from the Huaqiangbei Electronic Market has its pros and cons:
Pros
- Friendly prices: The Huaqiangbei Electronic Market offers electronic products at relatively lower prices than anywhere else. Because of this, sourcing from the market offers you a better chance to maximize profits.
- Large-scale production: The Huaqiangbei Electronic Market produces goods for the global economy, which means suppliers here can serve your customers effectively without long gaps in production, promoting business sustainability.
- Direct sourcing: You engage directly with the manufacturers instead of intermediaries. This allows you to weigh your options and decide who works best based on price, product quality, and other personal-to-you sourcing factors.
Cons
- Language barrier: Since not many of the electronics suppliers in this market are not English-speaking, it can create a language barrier, and it’s usually best to use a local sourcing agent for translation and an easier sourcing experience.
- Shipping cost: Even with low product prices, shipping can be a hustle and quite expensive for your business. Fortunately, you can get around this by working with a professional drop shipping sourcing and fulfillment agent, like Bestfulfill.
- Quality control: Due to the massive orders received on a daily, items can sometimes be poorly made or counterfeit, which can be costly for a brand.
Top 12 Huaqiangbei Electronic Markets and What They Sell
The Huaqiang North Business Zone, commonly called the Huaqiangbei Electronic Market, has 12 large electronic markets, such as SEg Electronics, Huaqiang Electronics, Cybercom, etc. The market is large and is probably the world’s largest electronic market, but here are the main markets in the Huaqiangbei Electronic Market.
1: SEG Electronics Market
Commonly called SEG Plaza, this is a skyscraper built in 1988 by the SEG Group. The plaza has over 70 floors, with the first ten hosting the electronics markets.
The SEG electronic has two noteworthy markets:
The first is SEG Plaza selling:
- 1 – 2F: Electronic Components
- 3F, 5F, 6F: Computer DIY, Peripherals, Consumables
- 4F: Branded Electronic Products
- 7 – 10 F: Computer Software; Communication, Network, Security, Audio-visual Products
The second is Baohua Building selling Computer and Digital Electronic Products that have passed the ISO9001 quality certification system.
2: Tong Tian Di Telecommunication Market
The Tong Tian Di Telecommunication Market is at Shennan Middle Road in the Northern part of Huaqiang. This market is well known for its specialization in iPhones. They sell all mobile accessories that can help you make a phone from scratch, including batteries, cameras, and screens.
The market’s main characteristic is a long passageway of about 200 meters. This is the one-stop market for all mobile repair accessories and products.
The market opens from 9:00 AM to 6:00 PM.
3: Long Sheng Communications Market
Founded in 2003, this market integrates research and development into its production and sale of technology. The market is located at Ken Tower, Shennan Middle Road.
They mostly deal in mobile spare parts, including modules, chargers, flex cables, and outer casing cards.
Stores in this market are open from 9:00 AM to 6:00 PM.
4: Feiyang Times Communication Market
The market is located at Hua FA Nan Road, Futian District, Shenzhen, and operates from 9 AM to 6 PM. The market is well known for second-hand mobile phones, especially Apple products like iPhones, Mac, and Ipads.
Second-hand phones have a very big market that’s growing over time. This market offers quality refurbished market at very affordable prices.
5: Shenzhen Electronic Science and Technology Building
The building is located at 2070 Shennan Middle Road, Futian District, Shenzhen. This market has over 200 sellers, covers over 3800 square meters, and operates from 9:00 AM to 6:00 PM.
This building offers a variety of electronics. The first floor offers branded phones and mobile phone repair services, while the second has cameras, game consoles, and computers.
To start your electronics business, you can source different items from the two floors.
6: Huaqiang Electronics Market
The market was founded in 1998 and is operated by Shenzhen Huaqiang Holdings Limited. The market is located at 1013 Shennan North Road, Futian District, Shenzhen, Guangdong, and it operates from 9:00 AM to 6:00 PM.
This market offers six major product categories: ICs, security protection, LED, digital, computer and communication accessories. With time, they have set up markets in Shenzhen, Jinan, Huizhou, and more.
They are famous for second-hand computers and accessories, and the market has over 2800 stores.
7: HQ-mart
HQ-mart is at the heart of the Huaqiangbei Electronics Market and is the second largest trade center for electronic products in Shenzhen. The market mainly sells accessories, spare parts, and second-hand electronic products.
Location: 1 – 6F of Huaqiang Plaza, No. 1019, North Huaqiang Road
1F: Electronic Components
2F: Computer Assembly & Accessories Sales
3F: Computer Repair & Second-hand Accessories Market
4F: Second-hand Desktop & Laptop Trade Center
5F: Digital & Consumer Electronics Market
6F: Electronic Matching Products like connectors, cables, instruments, and apparatus
8: Pacific Security Protection Market
The market was founded in 2001 and is located in 3rdBuilding, JingHua Compound, 175 Zhen Zhong Road, Futian District, Shenzhen, Guangdong. The stores are open from 9 AM to 6 PM.
The market space has about 2000 stores specializing in electronic products related to security protection. The market has attracted big brands like Hikvision, TLC, and Karassn.
They have products like CCTV cameras and equipment.
9: Yuan Wang Digital Market
Founded in 2006, this market is in Hualian Building, Huaqiang North Road, Futian District, Shenzhen, Guangdong.
Most stores in this market open shop from 9 AM to 6 PM. They are well known for selling branded phones at low prices because most of these phones get to China through “unofficial means.” They have brands like Motorola and Samsung.
They also offer products in digital and audiovisual markets, like digital cameras and color TVs, computer and application products, and electronic security, including antitheft equipment.
10: Sang Da Electronic Market (Tablet PC)
The market is located at 44 HUAFA North Road, Futian District, Shenzhen, Guangdong.
They run their shops from 9 AM to 6 PM. The market operates on three floors offering a wide variety of products, including its well-known tablets and computer accessories.
Suppliers in this market sell high-end products like Apple products to more affordable ones.
11: Mingtong Digital City
Located at 414-415, China HUAFA North Road, Futian District, Shenzhen, Guangdong, the shops in this market operate from 9 AM to 6 PM. The business covers about 60,000 square meters.
The market is well known for its skills in cloning any phone. They can make phones with close enough features to the real deal.
Mingtong City has ventured into online shopping by having some of its sellers post products on online platforms, which has boosted the city and market’s growth and reputation over time.
The city also has specific distribution criteria whereby the market has mobile phones for exporting and developing, some from domestic startup companies, and branded domestic and foreign ones.
The city —and this market— is quickly venturing into the cosmetic industry.
12: Wan Shang Computer Center
Started in 1997, this market stretches over 26,0oo square meters, with the center found at 3002 Huaqiang North Road, Futian District, Shenzhen, Guangdong. The center opens its doors from 9 AM to 6 PM.
Contrary to what the name suggests, the center is well known for video games and their accessories. They have a wide range of game consoles, video games, and audio equipment products.
Tips for Shopping Wholesale Electronics from Huaqiangbei Electronic Market
To ensure you have the best sourcing from the Huanqiangbei market, adhere to the following tested and proven tips
1: Insist on face-to-face transactions
Fast-paced markets like the Huanqiangbei electronic market are full of people of all sorts. Thus, it is easy to get conned by some of the sellers. The best way to avoid this is by having all transactions done in your presence so you can get the chance to review the product.
If you can’t be in China, you can always work with a professional drop shipping sourcing and fulfillment agent, like Bestfulfill.
2: Consider MOQs
The good thing about most stores in the Huanqiangbei electronic market is that they allow you to order as many products as you would like, even if it is one. That means the market is also open to individuals looking for personal items.
3: Learn to bargain
Almost all sellers are willing to lower the price while maintaining a certain profitability level, but only if you insist. Asking for the best prices ensures you get fair deals in all your transactions.
4: Familiarize yourself with local payment methods
Since this market gets more domestic shoppers than foreigners, they are most inclined to accept local payments. Understanding how these methods operate can save you time and help you account for your transactions.
WeChat and Alipay are the most common ways to pay.
5: Consider working with a sourcing agent
If you are considering sourcing from the Huanqiangbei electronics market in the long run, it’s best to find an agent. Most of these agents are usually familiar with the market, meaning they can negotiate better prices. They can also link you with the best manufacturers for quality goods at market-friendly prices.
6: Deal directly with manufacturers
In Huaqiangbei, you will find both retailers and manufacturers selling the products. You can skip intermediaries who charge more on products by dealing directly with manufacturers. Dealing with manufacturers directly also assures you of the authenticity of a product.
Conclusion
The Huaqianbei electronic market is a great place to get both retail and wholesale electronic products. With this market, you can source products and compare prices from the variety of markets available in the city. With this information, you can make a more informed decision on which market serves your needs best.
Huaqiangbei Electronic Market FAQ
Here are answers to commonly asked about the Huaqiangbei electronics market:
Q1: How Do I Get To Huaqiangbei?
Shenzhen Bao’an International Airport, the easiest way to get to Huanqianbei market is to take a taxi, which costs 120-150RMB, with the journey taking about an hour.
For a cheaper way to get to Huanqiangbei, take the metro from the airport by:
- Going to Shenzhen Bao’an Airport Station, Entrance A
- Taking metro line 11,
- Transferring at the same station with line 1 to Huaqiang Road Exit A,
- Walking around 300 meters to Shenzhen Seg Electronic Market. The journey takes about 1 hour and costs 8RMB.
Q2: How Can I Prevent Scams When Sourcing Electronics Products From Huaqiangbei?
There are several ways to avoid this. The most basic ways are doing face-to-face transactions, checking the product before leaving the store, and, most importantly, working with a professional and trusted dropshipping sourcing and fulfillment agent if you intend to be a long-term buyer.
