Yiwu, a small city in the middle of zhejiang province of China, is famous for its biggest small commodity markets. As the world’s largest small commodity market , currently most markets have already moved into International Trading Centre. Most people get to know YiWu from its small commodities. Here you can find all kinds of small commodities with competitive price and reliabel quality. In other words, small commodities make Yiwu a famous place in this ten years both in our contry and in foreign countries.
In the early Qianlong Year,Yiwu farmers began business activities by using the chicken-feather to change for sugar. It is the beginning of yiwu commodity business. Since the reform and opening policy carried out, Yiwu has decided to use the commodity industry as a main force to drive regional economy thus to have itself become a large market city and strong economy city from a traditional agricultural small county. Today, Yiwu appears a prosperous scene with a flourishing market, developing economy and steady society. The commodity industry has been leading industry in the regional economy. Yiwu market has been an international commodity distribution center and a important base for foreign merchants to purchase commodity. The industrial economy is rapidly aggregating and strengthening, and currently has developed and is exploiting industrial park areas of 64 square kilometers, with more than 1300 enterprises. It has also cultivated a group of predominant industries, scale enterprises and famous products of socks, ornaments, zippers, cosmetics, shirts, cultural articles, pen-making, toys, etc, formed industrial developing structure of small commodity, large industry, small enterprise, and large colonization. Efficient agriculture steadily develops, and traditional agriculture is rapidly shifting to modern agriculture, city agriculture and external agriculture.With core of the policy to develop, strengthen, centralize, promote and base developments on the tenet of exert market predominance. Yiwu is constructing industrial development situations of small commodity, large industry, small enterprise, and large colonization, while cultivating excellent industries and products such as garment, knitting, ornament, color printing, zipper etc., and forming a regionally characteristic economic area. In the future, Yiwu commodity market will develop in all multiaspect, exploits and innovates, puts forward the aim of walking in giant steps, and strives to become in the top 10 of world commodity fairs in the next 20 years and construct a truly international commodity city.
The domestic market is the root, and the international market is the flower and fruit. Injecting the Chinese national culture elements into commodity, let “small commodity” include “big culture”, Yiwu commodity market will conquer the world.
]]>Yiwu foreign company sector exceeded 3000
According to Yiwu goverment statistics, there are currently more than 13,000 permanent Yiwu foreign company departments. By of the end of 2010, the number of resident offices of Yiwu foreign company has reached 3008, which ranked the first in all counties of China.
Yiwu has a well-known commodity market, it was called “the world’s largest small commodity wholesale market” in a report released by the United Nations, the World Bank and Morgan Stanley.
Jordanian businessman Mohamed Bata run a Rep. business office in China famous commodity city Yiwu.,doing artificial crafts business.Every week there are goods sent from here to the Middle East market.
“All the goods that Jordan market needed can be found in Yiwu. Yiwu market not only has fair prices, but also ensure on time delivery and quality” Bata told reporters, “This is the reason why I choose to set up representive office to purchase goods in Yiwu. ”
Currently, the direct and indirect transactions on Yiwu Small Commodity market is over 30 billion US dollars and Yiwu goods has exported to 215 countries and territories worldwide. In the whole year of 2010, the number of small commodity exported has reached 576,000 TEUs under Yiwu customs supervision, which increase 57,000 TEUs over the previous year.
Among the 3008 Yiwu foreign company representative offices, there are almost 80% rep. offices that come from Asian countries, and another 10% come from African countries. In addition, there are rep. offices from Europe, America and Oceania. From the view of country and region, they are mainly from Pakistan, Iraq, United Arab Emirates, Afghanistan, Korea, Egypt, Jordan, Yemen, India, Hong Kong and other countries and regions,and the number of Yiwu foreign company representative offices is still increasing.
]]>“Yiwu Mode” Opened A New Chapter of Economic and Trade Cooperation Between Zhejiang and Chongqing
On October1, Chongqing(Hechuan) Commodities Wholesale Market invested by Yiwu Gold Fields Sunshine Investment Group was formally opened. The 1st Western China Commodity Fair rose the curtain at the same time. There were tens of thousands of citizens came to purchase in the market on the openning day and sales amount was more than 24 million yuan. “Yiwu Mode” has opened a new chapter of economic and trade cooperation between Zhejiang and Chongqing.
80,000 People Came into The “Commodity Ocean”
Entering into the Hechuan market as if it were Yiwu International Trade City. Its architectural style, the layout of commercial spaces and classification of goods etc. are so strikingly similar with Yiwu market. The Central Market business zone of the Hechuan Commodities Wholesale Market covers an area of over 150,000 square meters and is currently the largest single commodity market building in southwest China. The market accommodates more than 4,000 merchants from Zhejiang, Shandong, Guangdong and local Chongqing. Yiwu commodity market will continuously deliver goods to Hechuan. In this market, bargains in blunt “Yiwu Putonghua”accent can always be heard, which makes people feel at home. It is known that the market operates a variety of more than 600,000 of products, including household articles, jewelry, clothing and footwear, luggage, toys and high-grade furniture as well as many other types of products close to life.
“Yiwu Mode” Reappeared in Hechuan Market
At the beginning of 2009, invited by Chongqing Hechuan district government, Gold Fields Sunshine Investment Group took pre-investigation and found that western China has great potential for market development. Hechuan’s superior geographical environment, convenient traffic conditions and preferential investment policies issued by Hechuan government accelerated the pace of the group to enter the West.
On Yu Consulting Meeting held In the same year on May 13, Hechuan small commodity wholesale market became a major investment projects. The Sunshine Group and the Hechuan District Government formally signed. This project was listed as key construction project in Chongqing and key project to be implemented with “prosperous and strong Hechuan” strategy in Hechuan District. From investigation to the openning of the first district, the project took only one and a half years.
In the purpose of “building a good market, developing local economy, enriching local people”, the Sunshine Group adopted the concept of Yiwu market construction and meticulously programed and designed according to high-qualification, high standards and high configeration. The center market of about 150,000 square meters is installed with 20 escalators, 2 sightseeing lifts, eight fire elevators and central air conditioning, background music, monitoring system, automatic fire sprinkler system and other facilities, creating a good business environment.
“Chongqing is the most economic dynamic city in the west. The geographical advantages of Hechuan are very obvious, so we chose Chongqing as our first stop on the path of entering the west. We hope Yiwu commodity market can continuously provide goods to Hechuan so as to strengthen economic and trade exchanges between two palces and to drive the radient regional consumption through large-scale professional commodity market to benefit the local people and promote local economic development. “Chairman of Sunshine Group Weihai Kim revealed the long-term goal of establishing Hechuan market.
Related Links:
Yiwu Daily Use Products Market
Yiwu Clothing Accessories Market
Yiwu International Trade City District 2 Yiwu Suitcases & Bags Market
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