Baigou, a town in Hebei province, has transformed from a small street market into a well-known hub for the bag business since the reform and opening-up policy was implemented 40 years ago. (Photo/Xinhua)
The town's bag annual output reaches 800 million units, and it has 14 specialized clusters with transactions of more than 100 billion yuan ($143.8 million) in the last year. (Photo/Xinhua)
In the late 1970s, people living in Baigou start to engage in businesses on the streets focused on small commodities. (Photo/Xinhua)
Shiqiaokeng is one of the places earliest vendors like to gather in the town. As more people went shopping at Shiqiaokeng, the market scale expended to eight nearby streets. (Photo/Xinhua)
In 1984, the first specialized cluster of small commodities, named Baifurong, is built in town. Then buyers from other places start to flood the cluster, and hundreds of trucks wait to ship orders. (Photo/Xinhua)
In the early 1990s, Baigou becomes a prominent distribution center for small commodities. As handbags and luggage are popular in big cities, people in Baigou with business sense follow the trend to start producing bags. In May 1993, a specialized bags trading center breaks ground. (Photo/Xinhua)
Baigou continually upgrades its bag industry from selling to producing, and gradually forms an entire industrial chain combining upstream and downstream businesses. (Photo/Xinhua)
Baigou's standard yet flexible business environment encourages firms to expand production and sales volume, and also promotes product upgrades. (Photo/Xinhua)
Entering a new century, Baigou proposes a new theme for its industry, cultivating its own brands. (Photo/Xinhua)
The platform collaborates with some arts colleges to set up an alliance of designers, aiming to build a base to train high-end talent. (Photo/Xinhua)
Currently, Baigou has cultivated more than 1,500 of its own brands, with more than 40 famous in Hebei Province. (Photo/Xinhua)
The spring of 2014 sees a strategy to coordinate development in the Beijing-Tianjin-Hebei region. Some 3,000 vendors from Beijing move their businesses to Baigou. From that time, the town sets a goal to build a key base for trade logistics. (Photo/Xinhua)
In recent years, Baigou has invested 300 million yuan to optimize its infrastructure. (Photo/Xinhua)
Baigou is located between Beijing and Xiongan New Area. With the development of Xiongan, Baigou will enjoy greater opportunities in the future. (Photo/Xinhua)