Huaqiangbei_Subdistrict
Huaqiangbei
Subdistrict in Guangdong, China
Huaqiangbei (Chinese: 华强北; lit. 'Huaqiang North') is a subdistrict of Futian, Shenzhen, Guangdong Province, China,[2] one of Shenzhen's notable retail areas; having one of the largest electronics markets in the world.[3] The area's status as a major electronics manufacturing hub, and sprawling electronics marketplaces[4][5] have earned it (and Shenzhen) occidental nicknames such as "China's Silicon Valley", and the "Silicon Valley of Hardware".[6][7] Multiple malls contain various businesses.[8]
In 2018, due to slowing demand for smartphones, some shops have started selling cosmetics.[9] In 2020, the area had about 38,000 businesses.[8] Huaqiangbei is known in China for selling cheap electronics. Most of the smartphones in China come from this area.