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Electronics market in Shenzhen becomes popular destination for foreign tourists

China

China

China

Electronics market in Shenzhen becomes popular destination for foreign tourists

2025-06-02 17:00 Last Updated At:18:07

Huaqiangbei, one of the world's largest electronics markets, has become a must-visit spot for foreign tourists in Shenzhen, south China's Guangdong Province.

Famous for its countless small shops offering a vast array of electronic gadgets, Huaqiangbei has become a bustling shopping hub for international visitors, many of whom leave the city with suitcases full of the latest tech products.

The market attracts over 7,000 foreign tourists every day, with cutting-edge technology items such as drones, laptops, AI glasses, and AI translators among the most popular purchases.

"In the past, it was mostly foreign traders coming to pick up goods. Now, many travelers visit to buy tech products, either as gifts or for personal use," said a business owner at the market.

To further cater to international visitors, Huaqiangbei offers services including currency exchange, international logistics, and tax refunds, making the shopping experience even more convenient.

Electronics market in Shenzhen becomes popular destination for foreign tourists

Electronics market in Shenzhen becomes popular destination for foreign tourists

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced a new round of Iran-related sanctions on Thursday, targeting 16 individuals and 11 entities.

The targerts include financial institutions, currency exchange firms and energy and trading companies.

OFAC said it added them to its Specially Designated Nationals (SDN) List.

OFAC also issued a general license titled "Authorizing the Wind Down of Transactions Involving International Development Bank for Investment and Finance," signed by OFAC Director Bradley T. Smith.

U.S. imposes new Iran-related sanctions on 16 individuals, 11 entities

U.S. imposes new Iran-related sanctions on 16 individuals, 11 entities

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