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Money & payments

Shanghai's specialist wholesale markets: how they work and what to buy

A wet market sells food to households; a specialist wholesale market sells one category to the trade, and to anyone who walks in. Here are the seven kinds, what you can buy in each, and why the wholesale way of selling trips a visitor up on the first purchase.

Last updated7 min read

Shanghai has two kinds of market, and confusing them makes both illegible. A wet market sells food, to households, by the meal. A specialist wholesale market sells one category, to the trade, and to anyone who walks in. This guide is about the second.

It is not attractive and does not try to be: corrugated roofs, concrete floors, stock stacked to the ceiling, signage in Chinese only, addresses often beyond the outer ring. The advantage is concrete: almost everything in one category is in one building, the prices are the lowest band in the city, and you can look through it item by item.

Two kinds of market, kept apart

A wet market and a wholesale market differ in more than scale; they sell differently. The wet market faces households: by weight, one meal at a time, the vendor living on repeat custom. The wholesale market faces the trade: by the piece, the bundle, the box, dozens at a time, the price moving with the quantity.

Accept one consequence and the visit goes smoothly: a wholesale market does not turn away a retail buyer, but a retail buyer pays the retail rate. You are permitted in, not welcomed in for a bargain; the vendor will neither chase you off nor move the price unless quantity justifies it.

Seven categories, and what you can buy in each

Fabric and garment. Cloth stands in bolts, sold by the metre; the building supplies buttons, zips and interfacing, and has tailors. The most useful of the seven: buy a few metres, or have a shirt or simple jacket made on the spot, ready in a few days. The risk is not authenticity but time: leave room for a second fitting, and do not commission anything expensive first time.

Electronics and components. Many floors, dense counters: phone accessories, cable, chargers, components, repair parts, new, used and refurbished in the same aisle. Fascinating, and the easiest to get wrong: buy cheap accessories and test them on the spot; do not buy anything that depends on a warranty, a camera, a laptop, a whole machine. A “brand new” item at an obviously wrong price usually has a reason.

Hardware and tools. Hand tools, power tools, screws, locks, pipe fittings, by the box, the set or the kilo. Worth buying are small, specific things: screwdrivers, a tape measure, cable ties, a small tool kit. Not worth it: heavy power tools, and fittings whose spec does not match, plug shape, pipe diameter, thread, discovered at home.

Packaging and paper goods. Paper bags, boxes, tape, labels, bubble wrap, stacked in bales and packs. A few gift bags, wrapping paper or labels are fine; you do not need a carton of boxes, you need luggage space.

Flowers. Cut flowers, plants, vases and wrapping, arriving early and sold by the bunch. A genuine pleasure at prices far below a florist’s. But they bruise, hate heat, droop without water and look tired within hours, and carrying them across a border raises plant health rules: buy one small bunch, put it in water at the hotel, and look at it that day.

Antiques and second-hand goods. Porcelain, woodenware, calligraphy, old clocks, old cameras and miscellaneous stock, in fixed shops and on the floor. Reproduction is normal here and should be assumed, not detected by eye. Buy it as decoration: because you like it, because it is cheap, because a chip will not matter. Do not pay a premium for age, do not listen to a story, do not expect it to hold value.

Food and dried goods. Dried goods, seasonings, grains, oils, frozen goods, seafood, by the box and the sack. Useful if you are staying a while: a kilo or two of dried goods, seasoning, nuts, cured meat, cheaper than a supermarket. A box is not practical, and taking it home runs into quarantine rules.

How a wholesale market sells

Walk in expecting a shop and the first transaction stops you.

The unit may be a bundle, a bunch, a box or a case, not a single item. What is on display is often a sample. The first question is the minimum, not the price.

Prices are usually quoted by quantity. Ask the price and the reply is a question about how many; that is not obstruction but how pricing works here: one price for ten, another for a hundred. Without a quantity there is no meaningful number.

Many stalls have no marked price at all. The price lives in the vendor’s head, on a calculator, on a phone screen: a local asks once and the deal is done, you ask once and get a number. No ticket is not a plan to cheat you; the price was never written for passing trade.

The retail buyer is welcome, at the retail rate. Some say plainly that they do not sell retail, which is honest, and the answer is the next stall; others will break a pack at a retail price, which is the best available outcome.

Payment and after-sales are a different system. Phone payment dominates and cash is usually accepted; there is usually no invoice, and no returns are the norm, so inspect before you pay: open it, power it up, count it, look for damage.

Bargaining, finding your way, carrying it

Bargaining is normal; here it is part of the transaction, not rudeness. But the only honest lever is quantity. On a single item there is little room; “I will take twenty” gets further than “that is too expensive”. Do not argue or disparage the goods: give a number, wait for the answer, and walk away if it does not come.

Treat the building as a problem to solve. They are large, multi-storey, numbered by row, signed in Chinese only, with hand carts and forklifts in the aisles. Being lost on a first visit is normal. The method is crude and works: photograph the entrance and floor, ask a guard in Chinese which zone sells what, and keep a picture of what you want on your phone; pointing beats speaking.

Confirm the hours yourself. These markets open early, the trade runs from the morning into the middle of the day, and by afternoon many stalls are down to one person minding the stock. Opening and closing times vary and are not fixed; check the day before, or ask your hotel to telephone, rather than trusting someone else’s old experience.

Carrying it. Bring a bag; if you buy a lot, ask whether they deliver within the city; a taxi beats public transport once your hands are full; and for anything large, think about freight rather than dragging it onto a plane.

One last thing, plainly: this is a workplace. The aisles are for goods, not for browsing. Stand to one side, do not stop in a doorway, do not block the scales, do not raise a camera in front of a forklift. Someone making way for you is courtesy, not your due: you are in the way in there, and knowing it makes the visit go better.

Who it suits, and the one category worth the trip

It suits anyone with something specific to buy, a few metres of cloth, a made-to-measure shirt, a run of packaging, a couple of kilos of dried goods; anyone interested in how things are made and sold; anyone with time and patience for walking.

It suits less well anyone who wants to shop in air conditioning; anyone expecting to be shown round; and anyone with two hours who wants all seven, which sit in different parts of the city and spend much of that time in transit.

The one worth a trip of its own is the fabric and garment market. It is the only one of the seven where a retail buyer genuinely gains: cloth by the metre, a tailor in the same building, something made that you can carry home, at a price a ready-to-wear shop does not approach. Give it half a day, bring a photograph of what you want made, and choose the cloth before discussing the work.

The flower market is worth half an hour on the way past: cheap, beautiful, unpredictable, and worth buying only in the quantity you can look at that day.

What can be skipped: the electronics market, unless you know the category, can test on the spot and are not buying something that needs a warranty; the antique market, fine as decoration, pointless as an investment trip; packaging and paper, unless you really need that quantity; hardware, unless you have a specific list.

In the end a wholesale market is not a cheaper shopping centre but a different kind of place: it sells the way the trade buys, and you go for one category, not to browse. Go knowing what you want and the prices will feel worth the trip; go without a reason and you will come away with two hours gone and dust on your shoes.

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