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Young entrepreneurs revitalize old city area in Qingdao

(chinadaily.com.cn) | 2024-06-06

When wandering through historic Shinan district in Qingdao, it is impossible not to notice the influx of young entrepreneurs, many of whom were bring in the 90s and 2000s, running trendy shops.

Despite their youth, these shop owners possess significant entrepreneurial expertise and a deep respect for the architectural and cultural heritage of the old city area.

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Tourists form a long line in front of the Lost and Found photo studio. [Photo/Business Weekly]

One notable spot, the Lost and Found photo studio, has become a must-visit small shop in Qingdao, drawing over 500 daily visitors and peaking at 2,000-3,000 during the recent May Day holiday, generating an estimated 70,000 yuan ($9,660.72) in turnover per day.

The studio's Polaroid photography service offers a unique experience for consumers seeking a break from digital photography, capturing the hearts of many young patrons with its affordability and nostalgic touch.

Led by seasoned photographers, the studio's exclusive camera collection enhances its distinct style, setting it apart from common replicas. This business model exemplifies the successful fusion of tradition and modernity.

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The Lost and Found photo studio offers a diverse selection of cameras and photo paper, including many unique items. [Photo/Business Weekly]

The blend of commerce, culture, and tourism has brought new life to Qingdao's old city, managing to preserve its historical charm while adapting to modern trends. Consequently, the old city has transformed into a lively and appealing destination, providing a unique experience for every visitor.

During the Qingming holiday, the revitalized historic district attracted 820,000 visitors within three days, reflecting a renewed interest from both locals and tourists in discovering the old city area.