On December 30, the biggest clothing market in northern China, GoGo Clothing Market based in Beijing officially started its business.
Initial investment totaled upto around RMB22 million and the daily sales volume is expected to reach 800,000 pieces of clothing.
Sources report that, here, the garment prices are the cheapest in China.
The market mainly sells the stock clothing and returned clothing that are priced low and are much cheaper than wholesale.
For examples, the sweater costs around RMB2 per piece, jeans RMB5 and the down coat is RMB25 a piece. The prices of over 60 percent of clothing are less than RMB80 a piece.