Hongqiao Market Accelerates Its Transformation, Creating a “Living Room” for International Buyers

In recent years, Hongqiao Market has continued to upgrade its businesses, transforming from a traditional pearl wholesale market into an international living room that combines shopping, culture, and services. According to market representatives, the transformation involves more than renovation; it is a reshaping of the service philosophy. The businesses on each floor have been reorganized, while services for international visitors, reference materials, and connections with partner organizations have been brought together, allowing buyers from China and abroad to handle multiple matters through one door. Today, visitors to Hongqiao find long-established pearl merchants alongside new faces selling through livestreams and buyers from around the world. Industry observers see Hongqiao’s transformation as an example of how a traditional market can retain its everyday vibrancy while becoming more international.