Editing Shenzhen (section)

=== Retail ===
Retail is an important pillar of Shenzhen's [[Tertiary sector of the economy|tertiary sector]]. Out of the added value of Shenzhen's tertiary sector of 1.42 trillion RMB (US$201 billion) in 2018, retail contributed 43% (616.89 billion RMB) of this amount, a 7.6 percent increase compared to last year (601.62 billion RMB).<ref>{{Cite web|title=Shenzhen (Guangdong) City Information {{!}} HKTDC|url=http://china-trade-research.hktdc.com/business-news/article/Facts-and-Figures/Shenzhen-Guangdong-City-Information/ff/en/1/1X000000/1X09VT4H.htm|url-status=dead|archive-url=https://web.archive.org/web/20200211192041/http://china-trade-research.hktdc.com/business-news/article/Facts-and-Figures/Shenzhen-Guangdong-City-Information/ff/en/1/1X000000/1X09VT4H.htm|archive-date=2020-02-11|access-date=2019-08-21|website=china-trade-research.hktdc.com}}</ref> In addition, 10.9% of Shenzhen's [[Foreign direct investment|FDI]] is directed towards the wholesale and retail sector.
[[File:Coco_park.jpg|alt=|thumb|400x400px|[[COCO Park]]]]
[[Huaqiangbei|Huaqiang North]] ({{lang|zh-hans|华强北}}) is one of Shenzhen's notable retail areas, being known for having one of the largest [[electronics]] markets in the world.<ref>{{Cite web|url=https://medium.com/chinafacture/huaqiangbei-the-biggest-electronics-market-in-the-world-shenzhen-china-3ec66e5d2df0|title=Huaqiangbei, the biggest electronics market in the world — Shenzhen, China|last=Tocha|date=2018-09-28|website=Medium|language=en|access-date=2019-08-21|archive-date=21 August 2019|archive-url=https://web.archive.org/web/20190821031210/https://medium.com/chinafacture/huaqiangbei-the-biggest-electronics-market-in-the-world-shenzhen-china-3ec66e5d2df0|url-status=live}}</ref> [[Luohu Commercial City]], a commercial complex located adjacent to [[Shenzhen railway station|Shenzhen Railway Station]], is noted for having a variety of products that ranges from electronics and [[Counterfeit consumer goods|counterfeit goods]] to tailored suits and curtains.<ref name="Springer-2018" /> In addition to Huaqiang North and Luohu Commercial City, Shenzhen has numerous [[shopping mall]]s and commercial areas, including [[COCO Park]] and its branches COCO City and [[Longgang District, Shenzhen|Longgang]] COCO Park,<ref>{{Cite web|url=http://www.szdaily.com/content/2014-11/10/content_10656136.htm|title=Mega mall opens in Longhua|website=szdaily.com|access-date=2019-08-21|archive-date=23 August 2019|archive-url=https://web.archive.org/web/20190823212424/http://www.szdaily.com/content/2014-11/10/content_10656136.htm|url-status=live}}</ref><ref>{{cite news|url=http://www.szdaily.com/content/2012-09/03/content_7157887.htm|title=Longgang COCO Park opens its doors|date=2012-09-03|newspaper=[[Shenzhen Daily]]|access-date=2018-05-30|archive-date=7 August 2020|archive-url=https://web.archive.org/web/20200807033414/http://www.szdaily.com/content/2012-09/03/content_7157887.htm|url-status=live}}</ref> Uniworld ({{lang|zh-hans|壹方天地}}),<ref>{{Cite web|url=http://www.uniworld-sz.com.cn/|script-title=zh:深圳体验式商业综合体—壹方天地|website=uniworld-sz.com.cn|access-date=2019-08-21|archive-date=21 August 2019|archive-url=https://web.archive.org/web/20190821031208/http://www.uniworld-sz.com.cn/|url-status=live}}</ref> Uniwalk ({{lang|zh-hans|壹方场}}),<ref>{{Cite web|url=http://en.unicenter.com.cn/YFcity/Overview.aspx|script-title=zh:壹方中心|website=en.unicenter.com.cn|access-date=2019-08-21|archive-date=21 August 2019|archive-url=https://web.archive.org/web/20190821031206/http://en.unicenter.com.cn/YFcity/Overview.aspx|url-status=live}}</ref> and [[Coastal City]] (海岸城).<ref>{{Cite web|url=http://www.coastalcity.cn/About/Profile.aspx|script-title=zh:公司简介_关于海岸城_海岸城|website=coastalcity.cn|access-date=2019-08-21|archive-date=21 August 2019|archive-url=https://web.archive.org/web/20190821031205/http://www.coastalcity.cn/About/Profile.aspx|url-status=live}}</ref> Shenzhen is also home to drugstore chain [[China Nepstar]].<ref>"[http://www.nepstar.cn/eng/contact.asp# Contact Us] {{Webarchive|url=https://web.archive.org/web/20190306033945/http://www.nepstar.cn/eng/contact.asp |date=2019-03-06 }}." China Nepstar. Retrieved on November 19, 2012. "China Nepstar Chain Drugstore Ltd. Floor 6, Block B, Xinnengyuan Building, Nanhai Road, Nanshan District, Shenzhen, CHINA (518054)" - [http://www.nepstar.cn/eng/map.asp Map] {{Webarchive|url=https://web.archive.org/web/20141206021450/http://www.nepstar.cn/eng/map.asp |date=6 December 2014 }} - [http://www.nepstar.cn/contact.asp Address in Chinese] {{Webarchive|url=https://web.archive.org/web/20190608131635/http://www.nepstar.cn/contact.asp |date=8 June 2019 }}: "地址：深圳市南山区南海大道新能源大厦 B 座 6 楼 (518054)" - [http://www.nepstar.cn/map.asp Chinese Map] {{Webarchive|url=https://web.archive.org/web/20160830190913/http://www.nepstar.cn/map.asp |date=30 August 2016 }}</ref>

"Smart retail", which uses technologies such as [[artificial intelligence]] and [[big data]] in production, circulation, and sales of consumer goods, has been growing popular within enterprises in Shenzhen.<ref>{{Cite web|url=http://finance.eastmoney.com/a/201908021195734963.html|script-title=zh:新零售：激发深圳经济增长新动能 _ 东方财富网|website=finance.eastmoney.com|access-date=2019-08-21|archive-date=21 August 2019|archive-url=https://web.archive.org/web/20190821031208/http://finance.eastmoney.com/a/201908021195734963.html|url-status=dead}}</ref> Businesses in Shenzhen are encouraged to use the Internet to develop the consumer market and new retail projects would be assisted with the use of technology. In addition, the Shenzhen administration is setting up a new retail industry development fund to promote the use of "smart retail", with the intention of stimulating the economy of Shenzhen and to turn the city into a "new retail" hub.