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Crowds at Huaqiangbei reflect opportunities in China’s growing AI sector

2026-05-11 09:37   环球时报网英文版

  Illustration: Chen Xia/GT

  In recent days, an increase of international buyers at Huaqiangbei, Shenzhen"s well-known electronics area, has attracted media attention. On Wednesday, Shenzhen Fabu republished a media report describing the area as the part of the city most frequented by foreign buyers. While the description carries a local perspective, it points to a clear reality: International traders are drawn to China"s artificial intelligence (AI) products.

  Compared with previous years, more overseas buyers headed straight to Huaqiangbei after they had attended the Canton Fair, which ran in three phases from April 15 to May 5 in Guangzhou, South China"s Guangdong Province, according to CCTV. During the May Day holidays, Huaqiangbei received an average of 8,000 foreign business visitors everyday, while overall tourist numbers rose 25 percent year-on-year, data released by the official WeChat account of Shenzhen"s Futian district showed.

  The increase in foreign buyers reflects a range of factors, among which AI has become particularly notable. Huaqiangbei has long served as a center for consumer electronics, drawing international traders in search of components such as graphics processing units (GPUs) and other electronic parts. Lately, AI products have emerged as an important new category, adding a fresh dimension to the district"s international appeal.

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