Hangzhou Sijiqing fabric market seeks to change the "market" into a "shopping mall"

February 27, 2023

Located in Qiutao North Road, Hangzhou Sijiqing fabric market, as soon as you enter the market, a variety of styles and styles of chiffon, fur, cotton and other fabric products, dazzling, dizzying. The flow of people, logistics, capital flows, and information flows here.

Hangzhou Sijiqing Fabric Market

In recent years a lot of store by the impact of the electricity business, are thinking about how to transition. Hangzhou Sijiqing fabric market benefited from the unique geographical location and the protection of merchant owners. After several years of development, the road has become wider and wider.

Entrepreneurial choice and persistence

Eighty percent of Hangzhou fabrics come from Sijiqing. The market of Hangzhou Sijiqing fabrics has been more than a thousand years from the scattered stalls of more than ten years ago, from a few kilometers in the initial year to hundreds of millions of meters now. This series of data vividly illustrates the development of the market for Sijiqing fabrics. Fruitful results.

Here, many merchants come out of the countryside, grow up here, and have their own extraordinary life. Xiangxiang, the owner of the cloth shop, was born in a peasant family in Xiaoshan. In his 20s, he helped the family to build a house by selling odd jobs. He sold Xiaoshan radish and plum dried vegetables as the starting point. In 2000, he sold the inventory in Hangzhou Sijiqing fabric market. Not only bought two houses in Hangzhou, but also their own shops.

Xiangxiang's cloth shop owner Zhou Wangxiang and his plaid fabric

Xiangxiang cloth cloth line

“I didn’t think that I was born as a farmer and could buy a house in the main city of Hangzhou. However, in recent years, I not only have houses and booths, but also have certain economic strength, which shows that I have made a lot of progress and I feel very satisfied.” Zhou Wangxiang is very proud to talk about his life.

Recalling the hardships of entrepreneurship in the past, Zhou Wangxiang’s original ideal was very simple, just want to work better than home. At that time, in his 20s, he rented a 40-square-meter house in Shanghai and other people for 4-5 people to sell dried plums, dried radishes, and placed things on the ground. At night, people slept on it, earning only 10,000 a year. It’s very hard to get to 20,000. Another time I rode a tricycle to Hangzhou to sell dried radishes. One day I went back to the rain, the tires were punctured, and how many tears could not be said...

In the face of setbacks, Zhou Wangxiang also fantasized about his own spring. In 2000, he bought a shop in the market of Hangzhou Sijiqing fabrics with a little money selling Xiaoshan radish, and began to sell some inventory business of closed manufacturers.

"At that time, I took a few tens of meters and hundreds of meters of retail. Later, I found that the stocks were sold out. This way can't be continued," Zhou Wangxiang said. Later, he began to ponder over the amount of work and make long-term goods. Finally, I chose to make fabrics, and now the annual benefits have been millions of dollars.

Zhou Wangxiang said, "I am very satisfied with this market. I originally had a booth. In 2015, the market was renovated. I expanded to 2 booths. The other places are getting smaller and smaller. Here, we are more and more booths. I have Confidence is going on."

The path of change in the professional market

During the visit, we learned that although the market of Sijiqing fabric has become a distinctive banner of Hangzhou fabric industry, as a spontaneously formed original market, with the rapid development of the market economy, more and more problems are increasingly exposed, such as Wires and pipes have become aging, and traffic congestion, parking difficulties, and difficult distribution of logistics have become increasingly prominent. In 2015, Hangzhou Sijiqing fabric market comprehensively upgraded the software and hardware facilities of the market and began its transformation.

Zhou Huiliang, general manager of Hangzhou Sijiqing Fabrics Market, said, “The development of Hangzhou Sijiqing fabric market economy to the current stage is the trend of the times. If it is not upgraded, it will be eliminated. The market is now taking the road of shopping malls, which is in line with the requirements of Hangzhou to build a building economy; What's important is that we hope to bring better business environment and more trading opportunities to merchants through this hardware and software upgrade."

"Hangzhou Sijiqing fabric market fabric market does not say the whole country, the surrounding provinces have a high reputation." Xiaomao baggage Guixia believes that the market management is in place now, the tax is reasonable, which is incomparable with other markets.

For the fabric market after the renovation, Zhou Xiangxiang, the owner of the Xiangxiang cloth shop, said that “the staff is more active and the safety awareness is also very good. We are also improving ourselves. The market management is also in place, more standardized than the original, and the market as a whole. The grade has also improved and it has been completely renewed."

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