Wu’ai Market is situated in Shenyang, Liaoning Province. The original market, which was built in June, 1983 was named after the street (Wu’ai Street) where it was built on. After many years of reconstruction and development, today’s Wu’ai Market is a world-famous cash cow that is on its way to become the biggest trade and business center in China.
Wu’ai Market is not only the largest transacting market for light industrial products within the economic circle of the Northeast and Bohai Sea Rim, but also one of the best-known wholesale markets all around China. It is also the only national four-star tourist area for shopping in Liaoning.
The prosperity and development of Wu’ai Market has brought about immeasurable market effects. Nowadays, the Wu’ai Market District has become the synonym of “the best place to do business”. At the same time, Wu’ai Market has provided tremendous business opportunities for its neighboring area, including the Xiaonanjie Street in the east, the Renaolu Road in the north, the Qianchun Alley and the Nanhanlin Road in the south. What’s more, nine banks are located around the Market. In the surrounding area, manufacturing bases are taking shape, such as the trousers processing village in Shaling Town, Yuhong District, and the knitwear processing village in Gongtan Town, Liaozhong County. With the establishment of a huge circle for commodity transacting, service and processing, Wu’ai Market has become the second largest business district within the Shenhe District, second only to the time-honored Zhongjie Street.