China Textile City International Fabric Purchasing Center to Create "Stall Economy" PLUS Edition


Recently, the word "stall economy" has attracted people's attention.

For a long time, the stall economy is a marginal economy of the city. Recently, the central government has set the tone: "street stalls" are legalized, and road operations, road markets, and mobile vendors are no longer included in the assessment of civilized cities! Premier Li Keqiang of the State Council also said during an inspection tour in Yantai, Shandong that the street stall economy and small shop economy are important sources of jobs, fireworks in the world, and the vitality of China, just like "high-end.

So how to let the small "stall" benefit the people's livelihood? Recently, the reporter visited the third floor of China Textile City International Fabric Purchasing Center with new discoveries and new insights.

It is understood that the China Textile City International Fabric Purchasing Center is a wholly-owned state-owned market of China Textile City. It is located in the core area of China Textile City's business circle. It is one of the most advanced market complexes with cluster facilities and equipment in China Textile City. The first to second floors are textile fabric areas, which are mainly engaged in wool spinning, flower cloth, knitting, shirt cloth and other fashion fabrics. The third floor is a textile retail area, which also has clothing design and home textile customization stores. The fourth floor is the exclusive area for foreign trade enterprises.

According to Xu Xiuyun, head of the International Fabric Purchasing Center of China Textile City, the "stall economy" recently advocated to restart is a powerful move to stimulate the economy, promote consumption and expand domestic demand, and its main force is composed of small and micro enterprises and individual merchants. However, if we want to rationalize and sustain the development of the "ground stall economy", we need to change these main forces from "temporary" to "long-term". At this point, the market has turned "ideal" into "reality". At present, the textile retail area on the third floor of the International Fabric Purchasing Center of China Textile City is a new business form derived from the concept of "stall economy.

Following Xu Xiuyun's guidance, the reporter came to the textile retail area on the third floor of the market. Although it is the morning time, people come and go here in an endless stream. Xu Xiuyun introduced to reporters as he walked that the predecessor of the China Textile City International Fabric Purchasing Center was the West Market of China Textile City. It mainly deals in Denim fabrics, trousers and stock fabrics. It has more than 1,000 merchants and is a veritable "sufficient supply of goods." A landmark market with many merchants. In the early days, the third floor of the West Market was also dominated by textile retail. At that time, the government guided laid-off workers to enter the market for business in order to solve the "employment" problem of laid-off workers. After that, the market implemented the division of these business households and returned to the market. Cultivated a small textile retail market that has begun to take shape.

"The forms of operation you are seeing are still authentic." Xu Xiuyun continued. In order to meet the development goals of the "International Textile Capital" in the new era, China's textile city west market began to plan to upgrade in 2013, evolving towards "open, fashionable, intelligent and high-end. In March this year, China Textile City International Fabric Purchasing Center (formerly China Textile City West Market) ushered in the phoenix nirvana new life during the epidemic. Although the market is positioned as a "high-quality professional" after the grand opening, considering the living space of the traditional model, the market has relaxed access and restored the original, retaining the original unique commercial style and reopening a special business area for this batch of textile retail groups.

Xu Xiuyun also mentioned to reporters: "After the market demolition, textile retail merchants have gone to the East Gate Market, Hangzhou Building and other markets, each seeking development. But after the completion of the market upgrade and transformation, these old merchants heard the news again, in the investment stage on the active entry." According to Xu Xiuyun, originally, he did not plan to open up a textile retail area, but subdivided the business model into a fabric retail area and a clothing and home textile customization area. However, after in-depth understanding, Xu Xiuyun gave up the idea and created a "new world" of textile retail for the old merchants in the form of "let nature take its course".

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China Textile City International Fabric Purchasing Center to Create "Stall Economy" PLUS Edition

For a long time, the stall economy is a marginal economy of the city. Recently, the central government has set the tone: "street stalls" are legalized, and road operations, road markets, and mobile vendors are no longer included in the assessment of civilized cities! Premier Li Keqiang of the State Council also said during an inspection tour in Yantai, Shandong that the street stall economy and small shop economy are important sources of jobs, fireworks in the world, and the vitality of China, just like "high-end.