CCTV News: Under the current complex international trade situation, the global electronic information industry chain faces great uncertainty. In Huaqiangbei, Shenzhen, a domestic electronic components distribution center, buyers and wholesalers are still busy every day. Shenzhen Huaqiangbei: Defining cost-effectiveness with strength
In the component procurement and trading center on the 4th floor of Huaqiangbei, small carts pulling goods come and go in the aisle. Buyers and wholesalers are in a hurry, and the phone calls in the shops are one by one, but here is still busy.
The person who is calling is Lao Lin, who has been in the semiconductor industry for more than 30 years. Most of his downstream customers are in the North American market, and tariff fluctuations have had a certain impact on his business.
Although Lao Lin was worried, he was more calm, and his confidence came from his "cost advantage" and Shenzhen's complete supply chain. Large-scale production and shorter supply cycles make its products more competitive in market.
Lin Hongbin, the head of a semiconductor supply chain company, said that they developed and produced by themselves, and had a very cost-effectiveness.
Stable orders and expand markets have become the current consensus. Many merchants have begun to expand their product export market since 2018, and at the same time, they have replaced core components locally.
Wang Mingzhao, head of a LED supply chain company, said that tariffs have had an impact on them since 2018, but with the slow transformation, most of them have now become domestic orders. Shenzhen Huaqiangbei: Seize domestic market opportunities and continue to explore overseas markets
Furtherly expanding the domestic market may be an opportunity for retail companies with independent supply chains. As many overseas dealers originally switch to the domestic market, they have more dealers available for connection, and the company is expected to further expand its production scale.
In front of the whole machine retail shop on the second floor, the exquisite and affordable products have attracted many foreign buyers. According to the store manager, thanks to policies such as visa-free entry and departure tax refunds, many foreign consumers have made special trips to Huaqiangbei offline stores to purchase. These foreign customers have also become business opportunities for them to continue to explore overseas markets.
Lu Xuan, the head of a smart wearable product retail store, said that the number of foreign tourists coming to purchase has increased significantly, and their stores are sold in the form of "wholesale + retail".
The Polish buyer said they came here to seek some commercial cooperation, and he thought the price was very reasonable.
