SND develops 'first store' economy

A 895-square-meter Huawei Smart Life Experience Venue recently opened in Suzhou New District, Suzhou, Jiangsu province, adding momentum to the district's "first store" economy.

The venue is the first of its kind in Jiangsu province and offers products such as mobile phones, computers, new energy vehicles, and customer service.

For businesses tapping into a new market, the first step matters. The location of their first appearance is not only determined by cash flow, but a combination of brand image, exposure and plans for the future.

Suzhou, with its huge proven consumption potential, has become the top choice for many overseas brands.

Local authorities said the district currently has 18 large commercial streets, and over 40 new brands opened branches there in 2022.