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Foreign visitors flock to Shenzhen for electronics amid "China Shopping" boom

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China

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Foreign visitors flock to Shenzhen for electronics amid "China Shopping" boom

2025-05-29 17:35 Last Updated At:23:17

For many foreign tourists visiting the southern Chinese metropolis of Shenzhen, Huaqiangbei, one of the world's largest electronics markets, is a must-visit destination.

Known for its countless small shops selling a wide variety of electronic gadgets, Huaqiangbei has become a shopping hub for international visitors, with many leaving the city carrying suitcases packed with the latest tech products.

Dubbed "China's No. 1 Electronics Street," Huaqiangbei is a major hub for electronics commerce and manufacturing, drawing more than 7,000 foreign visitors every day. With over 110,000 businesses operating in the area, it's a bustling marketplace offering everything from smartphones to smart home appliances and high-tech gadgets.

"This is basically my sixth time here in Huaqiangbei," said a Colombian buyer.

He purchased a Chinese-made tracker, which offers more advanced features than foreign brands he had used before, such as the ability to track an item's movement for up to seven days.

"This is a very good product. I buy many of those to send to my country," he said.

Meanwhile, a French businessman was attracted to a counter selling automatic translation devices.

Huaqiangbei offers not only a wide variety of goods, but also services such as currency exchange, packaging, and international logistics, making it a one-stop shopping destination for foreign visitors. Tourists can shop on the upper floors and ship their purchases downstairs, ensuring a hassle-free experience.

"I think China is improving. All the products are good," said another foreign customer in Huaqiangbei.

As the number of foreign buyers grows, Huaqiangbei has established a volunteer team, whose members work in their spare time to provide free services to both customers and merchants.

Andy, a volunteer from the U.S. said that when he heard Huaqiangbei was recruiting volunteers, he signed up right away. This volunteer work allowed him to witness firsthand the rapid pace of technological advancements in China.

"The variety of [products] here is really amazing. There are many goods, just different specifications at any wallet (price). Variety is one of the words that I would love to say. That's really great," said Andy.

With the surging popularity of "China Travel," foreign tourists' shopping enthusiasm is also on the rise.

According to data from the Shenzhen Customs, as of May 25, foreign tourists had purchased tax-refunded goods in Shenzhen worth 67.73 million yuan (about 9.42 million U.S. dollars), with a tax refund totaling 6.10 million yuan (about 847,940 U.S. dollars).

Foreign visitors flock to Shenzhen for electronics amid "China Shopping" boom

Foreign visitors flock to Shenzhen for electronics amid "China Shopping" boom

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U.S. dollar ticks down

 

The U.S. dollar weakened in late trading on Wednesday.

The dollar index, which measures the greenback against six major peers, dropped 0.72 percent to 99.142 at 15:00 (1900 GMT).

In late New York trading, the euro increased to 1.1683 dollars from 1.1574 dollars in the previous session, and the British pound was up to 1.3415 dollars from 1.3251 dollars in the previous session.

The U.S. dollar bought 158.51 Japanese yen, lower than 159.73 Japanese yen of the previous session. The U.S. dollar declined to 0.7914 Swiss francs from 0.7988 Swiss francs, and it fell to 1.3849 Canadian dollars from 1.3899 Canadian dollars. The U.S. dollar lost to 9.3069 Swedish kronor from 9.5065 Swedish kronor.

U.S. dollar ticks down

U.S. dollar ticks down

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