Hongqiao Trade City of Yueqing is located in the bustling commercial area of Hongqiao Town, with State Road 104 on the south side and Hongqiao residential area on the north side. This market covers an area of 10,500 m2 (total construction area 17,088 m2). The three-storey main building of Hongqiao Trade City has two floors for commodity trades and 900 shops. The third floor has stalls of 15 garment manufacturers.
Hongqiao Trade City is the largest wholesale market for electronic components in Yueqing City. It has a whole range of complementary services and facilities, such as bank branches, tax offices, restaurants, logistics, security, and travel agencies, etc. The annual revenue exceeded 100 million yuan in 1997, and Hongqiao Trade City was awarded many honors for its orderly transactions and standardidized management.