Beijing Review

Trash to Treasure

Recently, Zhong Xiaoli, a 29-year-old white-collar in Beijing, sold her 35th item on Xianyu (literally translated as Idle Fish), an online platform for secondhand items owned by Chinese tech giant Alibaba Group. Since she first started using the app seven years ago, she has earned more than 3,500 yuan ($479) from the sale of items she had used or left unused, ranging from cosmetics and clothing to electronic devices and home appliances.

The most expensive item she ever sold was a camera—which she’d originally purchased on the app. “I had bought it for 800 yuan ($109) and sold it for more than 900 yuan ($123) more than a year later,” Zhong told Beijing Review. “The ‘trade’ was both a surprise and a lot of fun.”

You’re reading a preview, subscribe to read more.

More from Beijing Review

Beijing Review5 min readWorld
Why China Still Has Room to Grow
The world economy is experiencing what the World Bank calls “the slowest half-decade of GDP growth in 30 years.” As some of China’s key growth catalysts weaken against this backdrop, a few stakeholders in the Western economy have become defeatist and
Beijing Review2 min readIntelligence (AI) & Semantics
The Rise of The Intelligent Economy
As China continues its transition to higher-quality economic development, it is increasing its reliance on new quality productive forces, those driven by innovation and new technologies such as artificial intelligence (AI). In addition to lifting tra
Beijing Review2 min read
Working Weekends to Pay for Holidays
International Workers’ Day is celebrated on May 1 each year, but even though employees around China will be taking a five-day break from Wednesday, May 1, until Sunday, May 5, only one of those days counts as a true day off work. Like many other holi

Related Books & Audiobooks