Research on the Economic Development Model Based on the Integration and Mutual Promotion of "Small Stores and Street Stalls": A Comprehensive Investigation Report

Authors

  • Yan Gui Sichuan Technology and Business University, China
  • Likai Lin Xihua University, China

DOI:

https://doi.org/10.61360/BoniGHSS262019580105

Keywords:

small store economy, street stall economy, economic behavior, integrated development, investigation report

Abstract

As China's economic growth slows, the individual economy has experienced a notable upsurge. A growing number of market entities are shifting their focus toward micro and small-scale enterprises, drawn by their low investment requirements, limited risk exposure, and rapid returns. This trend has given rise to widespread manifestations of the "small store economy" and the "street stall economy." However, operating in isolation, these models remain vulnerable to constraints such as spatial limitations, operational scale, and income instability. Therefore, integrating and mutually reinforcing these two forms—creating a more structurally sound, scalable, and income-stable microeconomic framework—has emerged as a critical challenge requiring further exploration. Through a three-month operational case study combining one small business (a hair salon) with a street stall (offering children's handcraft entertainment), this paper systematically documents key aspects including development trajectory, revenue performance, consumer demographics, and spatial utilization. Based on this empirical analysis, the study identifies a viable pathway for the synergistic development of the "small store + street stall" model. The findings offer both theoretical insights for research on micro and small economies and practical guidance for market participants seeking sustainable entrepreneurial strategies.

References

Chang, W. Y., H. Y. Lee, and Y. L. Wang. 2003. "Solving the real business cycles model of small-open economies by a sample-independent approach." Journal of Economic Dynamics & Control 27 (9):1663-1679. https://doi.org/10.1016/s0165-1889(02)00075-1.

Chen, K., and M. J. Crucini. 2016. "Trends and cycles in small open economies: making the case for a general equilibrium approach." Journal of Economic Dynamics & Control 72:159-168. https://doi.org/10.1016/j.jedc.2016.07.009.

Sheng, K., and Wang, F. 2020. "The Impact of Street Vendors on the Economic Revival of Tongling: An Analysis Based on the Butterfly Effect." China Economic & Trade Herald (Chinese Edition) (11):81-82.

Xu, D.T. and Lan, W.Q. 2025. "Suggestions for Further Boosting the Prosperity and Development of Small Store Economy." Zhejiang economy (03):44-47.

Chen, H.M. 2022. "The Evolution Path, Growth Drivers and Future Prospects of Small Store Economy." Business and economic research (02):50-52.

Pan, H.M. 2020. "The small store economy has great potential." Decision Exploration (Part 1) (09):20-23.

Zheng, J. 2021. "The Development of "Small Store Economy" from the Perspective of Long Tail Effect." Contemporary economy (03):68-70.

Yi, J.Y., and Zhuang, Y. 2020. "Couple Convenience Store Turns to Embrace the Internet." Chinese small and medium-sized enterprises (09):60-63.

Shao, K, Han, J.H., Dong, H., and Jiang, H. 2021. "The Path Selection for the Revival of Small Store Economy under Public Health Emergencies: A Perspective of Digital Inclusive Finance." Modern commercial and industrial trade 42 (26):11-12. https://doi.org/10.19311/j.cnki.1672-3198.2021.26.005.

Yang, L.J., and Sun, Y.P. 2020. "The Evolution Path, Thriving Motives and Future Prospects of Small Store Economy." Economic Forum (08):134-142.

Lin, Y. C. 2021. "Business cycle fluctuations in Taiwan - A Bayesian DSGE analysis." Journal of Macroeconomics 70. https://doi.org/10.1016/j.jmacro.2021.103349.

Malhotra, N., Y. Margalit, and Shi, S.K. 2025. "The Politics of Small Business Owners." British Journal of Political Science 55. https://doi.org/10.1017/s0007123425000274.

Han, M.Y. 2021. "Problems in the Development of "Small Store Economy" and China's Path Selection." Shanxi agricultural economy (15):46-47. https://doi.org/10.16675/j.cnki.cn14-1065/f.2021.15.017.

Wang, Q.X. 2020. "Research on the Transformation Path of Traditional Small Stores: A Case Study of College Students' Entrepreneurship Projects." Modernization of shopping malls (14):4-6. https://doi.org/10.14013/j.cnki.scxdh.2020.14.002.

Zhang, S.B. 2021. "The big logic of the small store economy: An organic component of the modern economic system." Journal of Hebei University of Economics and Business 42 (03):62-68. https://doi.org/10.14178/j.cnki.issn1007-2101.20210416.003.

Toivanen, K., and N. Jensen-Eriksen. 2024. "Pioneering the Circular Economy: Small and Medium-Sized Recycling Enterprises in Finland, 1945-1995." Business History Review 98 (4):793-819. https://doi.org/10.1017/s0007680525000042.

Touratier-Muller, N., N. Koporcic, S. Markovic, and V. Damnjanovic. 2025. "Drivers and Barriers to the Adoption of Circular Business Models in Small- and Medium-Sized Enterprises: A Comparison Study Between Developed and Developing Economies." Business Strategy and the Environment. https://doi.org/10.1002/bse.70098.

Qin, W.Z. 2021. "Research on the Digital Transformation and Development of Small Offline Retail Stores in China." National Circulation Economy (32):18-20. https://doi.org/10.16834/j.cnki.issn1009-5292.2021.32.002.

Bao, X.J. 2021. "Research on the Development of "Small Store Economy" Based on the "Four-Store" Model: A Case Study of Tai'an City, Shandong Province." The Chinese market (01):54-55. https://doi.org/10.13939/j.cnki.zgsc.2021.01.054.

Liang, X.W. 2023. "In Mianchi, Henan Province, the "small store economy" has enlivened the city's bustling atmosphere." Business Observation 9 (25):121.

Tu, X.F., Lin, X.Y., and Wu, W.L. 2022. "Implications and References from the Experience of Night Markets in Taiwan." North China Economic and Trade (03):117-119.

Zhang, X.Z. 2025. "The "small store economy" invigorates the city of Jiangcheng." The Communist Youth League of China (16):22-23.

Ning, X.L, Li, L.H., Chu, L.G., and Wang, Z.W. 2022. "Research on the Digital Transformation of "Small Store Economy" - Taking Hefei Laotangji as an Example." The marketing field (11):41-43.

Shi, Y.J. 2020. "Will the "small store economy" become a powerful weapon in the fight against the economic impact of the pandemic?" China and Foreign Management (08):109-111.

Wang, Y.N. 2020. "Research on the Current Situation and Future Prospects of Small Store Economy Development." Value Engineering 39 (35):64-65. https://doi.org/10.14018/j.cnki.cn13-1085/n.2020.35.030.

Liu, Y. 2023. "Countermeasures and Suggestions for Accelerating the Recovery and Development of Small Store Economy: A Case Study of Qingdao City." Research on Market Regulation in China (04):31-33.

Fu, Y.F. 2020. "After the street stall economy, the small store economy has emerged." Modern commercial banks (16):86-89.

Fu, Y.F. 2021. "Five new consumption opportunities have emerged in the context of the domestic economic circulation." Corporate Observer (02):20-23.

Downloads

Published

2026-02-25

Issue

Section

Research Article

Categories

How to Cite

Research on the Economic Development Model Based on the Integration and Mutual Promotion of "Small Stores and Street Stalls": A Comprehensive Investigation Report. (2026). Journal of Global Humanities and Social Sciences, 7(1), 39-52. https://doi.org/10.61360/BoniGHSS262019580105

Similar Articles

11-20 of 161

You may also start an advanced similarity search for this article.