Yiwu E-commerce is an important industry in Yiwu commodity market. Since 2007, as the environment of e-commerce gradually improved in our country, Yiwu e-commerce rapidly grew and has formed an e-commerce system today.

Developing Yiwu E-commerce is a strategic option, which complies with globalization and informatization. The third-party like Alibaba, Global Sources who provide extensive online market and information have set their administrative agents in Yiwu city. Thus the e-commerce of Yiwu gets quite many advantages.

Yiwu E-commerce also have many other patterns. C2C (consumer to consumer) is an important pattern in retail business. Now there are more than 23 thousand online stores in our city and their volum of transaction has reached nearly 1billion RMB. Other patterns like B2B(business to business) and B2C(business to customer) are also major forms of Yiwu E-commerce, for their transaction volum rates the most in e-commerce line. Many manufacturing enterprises also have their own online businesses. And this kind of e-commerce have provide these enterprises with quite many customers or clients.

The development of Yiwu E-commerce is closely related to the unique advantages of Yiwu. Firstly, the extensive market is an exceptionally gifted condition. Secondly, the developed logestics provide these e-commerce enterprises with speedy and low cost services. Thirdly, Yiwu is a place which attract quite many clients from both home and abroad. And these clients have formed potential resources for Yiwu E-commerce.

Yiwu E-commerce is running in a healthy, speedy and orderly pattern. And we believe that Yiwu E-commerce will surely have a bright future.

It’s learned from the Market Trade Development Bureau that recently Yiwu introduced a new policy to promote the development of e-commerce. The policy aims to play the guiding role of financial capital, optimize the e-commerce environment in multi-levels and to accelerate the development of e-commerce in our city.

In the respect of fostering the main parts of e-commerce, the new policy pointed out that any comprehensive or well-known professional e-commerce businesses who set up headquarters in our city or develop projects that have significant impact on e-commerce development will benefit from “one condition, one solution” policy:

Those third party e-commerce service platforms with the membership fee income of more than a million yuan annually, enterprises that for the first time realize the breakthrough with 1000, 2000 or 5000 register-charge members and those business entities whose annual sales revenue for the first time break through 5 million, 10 million or 20 million yuan by e-coomerce, such as B2B, B2C or C2C etc. will be awarded 100,000 to 800,000 yuan.

On improving the e-commerce supporting system, the new policy pointed out those self-built third-party payment platforms with average daily capital flow of more than 3 million yuan will be awarded 500,000 yuan annually for three years. To the new developed or renovated projects of logistics and distribution (including courier industry), to those hold sell-online commodity exhibitions or participate in the exhibition activities and to those build up e-commerce park and registered members, the government will give corresponding incentives and benefits based on physical truth.