Into how many main stages can the development of Huaqiangbei be divided?
Photo taken at the Huaqiangbei Museum The development trajectory of Huaqiangbei can be broadly divided into the following five stages: Phase I: The Industrial Foundation Period (1979–1988). As Shenzhen's earliest developed industrial zone, the Shangbu Industrial Zone hosted a number of large enterprises, including SEG, Huaqiang, and Laiyinda. In March 1988, the SEG Group utilized its existing industrial facilities to establish the SEG Electronic Supporting Market—a move widely regarded as the birthmark of Huaqiangbei. Phase II: Market Prosperity Period (1988–2007). The SEG Electronics Market was gradually expanded to cover the entire building, and the Huaqiang Group promptly followed suit by converting its factory premises into the Huaqiang Electronics Market. In 1994, Wanjia Department Store moved in, effectively revitalizing the surrounding commercial environment; subsequently, the "One-Meter Counter" phenomenon emerged, and the "front-store, back-factory"...