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| Yiwu Basic Information |
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| January 6, 2008 |
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Where is Yiwu? - Located at the heart of Zhejiang Province - Yiwu?s neighbors - East : Dong Yang; South: Yong Kang; West: Zing Whoa Lan Xi; North: Zhu Chi
Why Yiwu? A. The well established commodities market - Yiwu city has over 2.6 million sqm market area, over 50,000 commodities shops, 200,000 labors in the trading sector, average visitors flow 200,000, annual transaction over RMB 22 billion, export value US$1.5 billion - rank 1st for 13 consecutive years in the commodities market of China - 320,000 types of products grouping into 34 industries, 1,502 categories - total number of industrial enterprises: 14,000 - daily through put over 10,000 tons - transaction value of commodities market in 2003 is 28.7 billion RMB, while those of Yiwu small commodities market accounts for 24.8 billion, an increase of 8.4% - with the help of internet, Yiwu has established a good infrastructure of small commodities information flow B. The most complete small commodities display center - the most renowned China (Yiwu) International Commodities Fair has attracted exhibitors from over 142 countries & regions, 22 provinces of China, 1,700 enterprises promoting different sorts of products, over 80,000 visitors
C. The largest distribution center of small commodities in China - 6,000 Buyers from 100 countries stationed in Yiwu for purchasing activities - 478 overseas companies are approved to set up branch office in Yiwu - over 2,000 foreign traders are sourcing products in Yiwu daily - products of Yiwu are exporting to 206 countries & regions - average annual export value of Yiwu Small Commodities market amounted to US$10 billion
D. The center of all the commodities markets in China - has established logistic network both in China & overseas - China: has set up market & distribution center in Ken Su, Beijing, Qing Hai, SiChuan, Liao Ning, Guangxi, etc - Overseas: has set up market in Ukraine, South Africa, Australia, Brazil, etc
E. Major trading zone & categories of Yiwu market Major categories: Equipment & Appliances: watches, electronics, household appliances, cameras Handicrafts: arts & crafts, fashion accessories, toys, stationeries, sports goods Daily Necessities: daily necessities, hardware, leather goods & luggage, cosmetics, rain gear, plastic goods Knitwear & Garments: suits, garments, underwear, hosiery, shoes & hats Food: food, wine, beverages
F. Emergence of eight advantageous industries Garment Knitting Printing Ornaments Zippers Wool Spinning Toys & Hardware |
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