Yu Guoping (center), owner of the motorcycle spare parts brand YGP, talks with his Arican clients athis shop in the Guangzhou Baiyun Motorcycle Accessories Wholesale Market in China's Guangdongprovince.
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When Yu Guoping came to Guangzhou two decades ago, he dreamed nothing more than justselling bunches of Chinese motorcycle accessories to businessmen from home and abroad.
He didn't really care which brand he was selling or whether the quality deserved the price, aslong as he made as much money as he could to feed and clothe and shelter himself in theemerging southern city.
"The market was largely unchecked back in those days when counterfeit and low-qualitygoods were rife," said Yu, admitting that prices trumped all when selling Chinese productswithout the protection of intellectual property rights.
However, profits lure competitors, which then squeezes profits. Yu had to find another way tokeep his business from continued slowdown and survive highs and lows of trade.
He established his own brand, with the trademark of YGP, in 2008, targeting mainly Africancountries.
"Promoting a new brand is like raising your own baby. It may be tough at first, but the boy willbecome strong and stand out if given time and efforts," said Yu. "You don't have much leewayof pricing if you keep selling other companies' products."
Yu is actually among the many who chose the road in the Guangzhou Baiyun MotorcycleAccessories Wholesale Market, a leading spare parts distributing center in the world with anannual trade volume of billions of dollars.
The center exports about 80 percent of its products, mostly to African countries.
Up to now, as much as 70 percent of vendors in the center have created their own brands,according to Zeng Rilang, a board member of the Market.
"Many people have realized that counterfeiting is just an expedient. They have to work ontheir own brands with their own intellectual property in order to survive in the longer run,"Zeng said. "Opportunities are huge as there are more than 3,700 spare parts in a singlemotorcycle."
His view is shared by Yu. "Our business becomes more sustainable as long as our productsare good in both quality and price," Yu said. "Word of mouth is very important."
Saifoulaye Balde, a businessman from Liberia, has been one of Yu's loyal customers: "I havebeen doing business with Yu for seven, eight years. He is an honest man and his productsare good."
"Chinese products have become increasingly better along the years, despite counterfeits thatseem to never disappear," he added.
Yu told China Daily that he has been paying much attention to the quality of his products forthese years, and making huge efforts to fight against their counterfeits both in China and inAfrica. He even put up a notice in front of this shop, rewarding 200,000 yuan ($31,238) tothose who alert him on counterfeiters
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