Xinhua Clothing Wholesale Market, formerly known as Xinhua Hotel, was established when a labor service company at the beginning of the reform and opening up. In 1986, it became the city’s and Xinjiang’s first large-scale clothing and textile wholesale market. Due to the growth of the market demand, the rapid development has created the formation and rise of the “Xiaoximen Business Circle” in Urumqi.
In October 2002, the board of directors of Jinruifeng Company carefully investigated all wholesale markets in Urumqi, and saw that the demand for commodities such as clothing, textiles and other daily necessities of the people in Central and Southwest Asian countries (including the former Soviet Union) was extremely scarce at that time, and Urumqi was a link between Central Asia and China.
The regional development authority decided to merge the Xinhua Xinjiang clothing wholesale market with huge investment, occupying a favorable market environment. After Jinruifeng Company took over, it continued the magic development momentum of “Xiaoximen Business Circle”, and invested millions of yuan to renovate the old Xinhua market, so that the Xinhua Wholesale Market has a new look. From a small street hotel more than 20 years ago, it has developed into a large clothing wholesale market with an area of about 6,600 square meters, a total construction area of 30,000 square meters, four commercial buildings, and a daily exchange volume of 4-5 million yuan.
Geographical location:
Xinjiang Urumqi Tianshan District
Business hours:
9:00 – 21:00
Leave a Reply