Current situation of Macheng Hardware and Electrical City

There is a large backlog of items in the market. Macheng Hardware and Electrical Machinery has a market size of more than 600 acres and more than 5,000 merchants. Affected by the impact of Internet e-commerce and the continuous improvement of logistics and distribution, Macheng Hardware and Electrical and Mechanical City has begun to gradually decline, with many merchants closing or relocating one after another. As of 2023 In May of this year, the overall operating status of the market was no longer as good as before. There was a large backlog of items in the market, and merchants were also facing rental housing and livelihood problems. Macheng Hardware and Electrical and Mechanical City is the second largest hardware and electrical and mechanical distribution market in the country after Yiwu. It is located in Macheng, Hubei Province.