Yi Wu china commodity Fair 2011 on Du Bai Fair opened in Du Bai trade center. More than 40 enterprises a total of 73 members make up a City group, which become the most eye-catching show on the fair. The reporter have contacted City group to know the show’s progress.

The global source held the “Global Sourcing Fair” that is a way to do business for Asia supplier, China is the biggest Fair in the middle east, so also help middle east or North Africa’s businessman to import goods form china, and then retail in there own country. This Fair have held five years succession with a good reflction.100 countries and more than 14million people attract to join the fair.

“Yi Wu exhibition Fair—Dubai Fair” specially set up as “Exhibition in the Exhibition”, also have three history. It reported that half of participant is a newcomer. More than ten typical professions in the fair, like hardware, handicrafts, jewelry, toys, electronic products, stationery, merchandise, luggage. Most exhibition are sell good which also popular by middle east Arabia.

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Besides Group Exhibition, they also do many other things to spread Yi wu market, like setting service disk on the fair place, showing the environment Arabia engage in business.

Good market have reflect from the first day, one company have make a 2 million dollars order with Egypt buyer

The Yi Wu Exhibition Fair also take attention by much participant leader,  on the fair day ,china consul in Dubai Zhanjinbao and Chia commerce represent in gulf area Zhangbaojun and other leaders come to the fair, to knew the dynamic of the market .

It is known from the Administrative Examination and Approval Sector of Yiwu 365 Convenient Service Center Foreign Trade Bureau >>Browse China Yiwu International Trade City yesterday that the enthusiasm of local enterprises for overseas investment is much higher this year. At present, 12 foreign investment projects have been approved, with total investment of $ 19,560,000, of which Chinese investment amounts to $ 16,320,000, increased by nearly 100%. In addition, investment projects of another two companies are still under approval.

Among these projects, the largest is a clothing manufacturing plant in Belarus invested by Zhejiang Embroidered Garments Co., Ltd. with the Chinese investment amounting to $ 9,880,000. This is also the only manufacturing overseas investment project this year. Other investment projects are mainly trading companies and overseas offices.

“In terms of overseas investment destination, Dubai centered area is the most popular.” Principal of Administrative Examination and Approval Sector Zhu Jun said. For example, Zhejiang True Love Wool Co., Ltd. and Zhejiang Yuhang Pen Co., Ltd. etc. all chose Dubai as their investment destination. Some companies also aim to invest in the rest of the UAE.

Last year, affected by the aftermath of the 2008 global financial crisis, many enterprises had in mind the “going out” idea but they dare not take into action rashly. Moreover, the state adopted a new “Administrative Measures for Foreign Investment” (hereinafter referred to as the “Rules”). As the relevant processes have not been implemented, most investors adopted to wait and see.

According to the analysis of insiders, there are two reasons to explain local enterprises’ high enthusiasm for overseas investment: on the one hand, investors have become more confident with the recovery of global economy；on the other hand, the fierce competition of domestic homogenized products urges investment enterprises to take the initiative to “go out” and find more investment and trade channels.
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