40 years of development into this, Shenzhen commercial cattle.

Editor’s note: This article is from WeChat public account “Winner Network” (ID: winshang) , the author wins the business network.

Shenzhen, a city born out of reform and opening up, in just 40 years, wrote a miracle of the rise of a modern city, creating a famous “Shenzhen speed”, business also With the rapid development, it has become a major epitome of Chinese business taking off in the new era.

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“One circle” kicks off Shenzhen and its commercial development prelude

1979-1992

“In 1979, it was a spring, and an old man drew a circle in the South China Sea.” The opening of Shenzhen to the rapid development of the city began, and retail business began. The development of “Shenzhen speed”. Although Shenzhen’s business at this stage from 1979 to 1992 was single, it also developed rapidly, laying a certain foundation for the next phase of Shenzhen’s department store and Shangchao retail industry.
Shenzhen, a black horse running all the way
  Shenzhen street in the 1990s

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The department store prototype “Friendship Mall” was completed

Shenzhen, a commercial black horse running all the way

Friendship Mall in the 80s Image Source: Shenzhen Newspaper Group Photo Gallery

In 1982, the “Friendship Mall” on the first floor of Luohu was completed.
  Although it is only seven stories high, it was the highest record in Shenzhen at that time, and it was also the prototype of the development of Shenzhen Department Store.

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Shennan Tianhong, one of the oldest shopping malls in Shenzhen, opened

Shenzhen, a commercial black horse running all the way