In the Huaqiangbei mall, smartwatches named "U Watch" or "D Watch" boasting similar look and function to Apple Watches are being sold at around 200 yuan ($32.5) each, less than one-tenth of the price of the cheapest Apple Watch, Xinhua news agency reported.

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There is no Apple logo appearing on the products. The Chinese version resembles the American one in appearance, but most have crude workmanship.

Original Apple Watch

The Chinese version can receive calls, use text messaging and has a music player. However, features such as popular messaging apps Wechat and QQ are absent.

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Some sellers say the products resemble Apple Watch more in their appearance than performance. Such products have been sold online since January.

Apple Watch

Some sellers at Huaqiangbei said an improved iOS-friendly version is being produced. The new products will enter the market next month and be sold at about 400 yuan each.

Huangqiangbei has been a gray market notorious for selling copycat electronic products. In recent years, it has been declining as a "Shanzhai", copycat, hotbed and becoming a paradise for innovators, as a result of Chinese people's heightened intellectual property protection awareness and increasing interest in innovating.