Dubai is known as the “Gateway to the Middle East”, is “Made in Yiwu” in the Middle East region’s largest trade distribution center, Yiwu exports to the Middle East, Africa and other places, a large part of the goods to be in Dubai transit. Last year, Dubai Yiwu China Commodity City opened for business.
“This year’s fair can meet the needs of different types of buyers, and the product categories are more diversified, covering a wide range of fields such as domestic and overseas markets, online and offline channels, traditional and emerging industries, and mass consumption.” At the promotion site, Jin, General Manager of Yiwu China Commodity City Exhibition Co. Ltd, on behalf of the organizing committee of Yiwu Expo, highlighted the 29th Yiwu Expo and invited Dubai entrepreneurs to come to Yiwu to participate in the exhibition, which received a positive response.
Participating guests have said that Yiwu small commodities are very popular in the Dubai market, they are willing to further increase the amount of procurement, and hope to be able to establish closer cooperation with the Yiwu Expo, and jointly develop the markets of the two places.
According to the introduction, the 29th Yiwu Expo to “develop new markets – service new trade – a new journey” as the theme, the exhibition area of 100,000 square meters, more than 2,400 exhibitors, a total of 3,700 international standard booths. There will be 9 pavilions, including 1 theme pavilion, 8 commodity trade pavilions and a central corridor. The exhibits cover daily consumer goods, sports and outdoor leisure goods, toys, culture and office, electromechanical machinery, hardware tools, construction hardware, electronic appliances and other categories. Newly set up small commodities innovation boutique pavilion, standard trade pavilion, supply chain services, live e-commerce services and other characteristics of the exhibition area, and a number of innovative supporting activities to promote business exchanges and cooperation, is expected to be more than 120,000 buyers to the meeting.
]]>The 18th Summit of the Group of Twenty (G20) Leaders
Held in New Delhi, the capital of India
G20 members are Yiwu’s main trading partners. According to Yiwu Customs statistics, in the first seven months of this year, Yiwu’s total import and export value was 321.10 billion yuan, a year-on-year increase of 19.7%, of which Yiwu’s import and export to G20 member states was 165.36 billion yuan, a year-on-year increase of 21.8%, accounting for 51.5% of the city’s total import and export value; imports and exports to India were 15.39 billion yuan, a year-on-year increase of 11.3%.
“It is expected that 200 containers will be shipped this month, and there is still a lot of goods to be put into the warehouse. Counting, inspection, and stacking are all needed to be done.” In the past two days, Niros, General Manager of China Region of LULU Group, an international retail chain store based in Yiwu, said Paramaputa Mohammed. While dealing with foreign trade orders, he is always paying attention to the news of the G20 Summit and understanding the trends of economic and trade cooperation.
Indonesia is one of the G20 members, the largest economy in ASEAN, and an important exporter of Yiwu small commodities. In August this year, Yiwu organized 41 companies to go to Jakarta to participate in the 2023 Indonesia Gift Exhibition, and returned home with large orders. Some exhibitors went into production non-stop after returning home. Immediately afterwards, the 2023 Indonesia Stationery Exhibition, as the first overseas self-organized exhibition of the Yiwu Market Industry Chamber of Commerce, will be held in Jakarta from November 30 to December 2.