The world's largest wholesale market of commodity
Yiwu China Commodities City, sitting in Yiwu of Zhejiang since 1982, covers an area of over 6,400,000 m2 with 75,000 booths, 210,000 staff and 210,000 daily visitors. It sells 2.1 million items from 26 commodity categories. It's the center of business, information and display of small commodities. The UN, World Bank and JP Morgan have named it the "largest small commodity wholesale market" in the world.
Yiwu China Commodities City is the largest small commodities export base in China. So far, Yiwu markets have traded with over 210 countries and regions with export revenue accounting for 65% of Yiwu's GDP. Yiwu receives 500,000 foreign buyers each year, hosts 13,000 foreign residents, 20 more transnational retailing giants like Walmart and Metro as well as over 30 domestic supermarket brands. There are over 6,800 foreign-invested companies, among which 2,500 belong to foreign-funded partnership enterprise that equals 75% nationally.
Not only the brick-and-mortar business keeps booming, the integration of online and offline as well as import and export are progressing. Especially e-commerce is given the impetus. There are now over 310,000 e-shops. Yiwu is the only county-level city to be selected as the national cross-border e-commerce pilot zone by the State Council. Yiwu China Imported Commodities Mall exhibits 100,000 kinds of goods from over 100 countries and regions, and paves its way to "buy from the world; sell to the world".
In April 2013, eight national authorities including the Department of Commerce jointly announced that Yiwu would pilot the new trade model Market Purchase, excelling in management efficiency, fast flowing and traceability. It not only pushes up the export growth in Yiwu, but sets a new benchmark for other wholesale markets nationwide. Yiwu has a robust logistic system covering 321 prefecture-level cities and the main inland port in Zhejiang. It's China's largest less-than-truckload (LTL) distribution center. It has the longest Yiwu-Xinjiang-Europe train running in and out, and Yiwu-Ningbo-Zhoushan Corridor is under construction. The United Nations Economic and Social Committee for Asia and the Pacific (ESCAP) has put it into the international port city list.
Welcome to Yiwu China Commodities City.
The products in the market
1) Apparel &Shoes : T-Shirts, Dresses, Sportswear, Lingerie, Jeans, Underwear, Socks, Boots, Sneakers.
2) Fashion Accessories: Headwear, Hats, Neckties, Belts, Gloves, Sunglasses, Watches, Bags, Handbags.
3) Gifts & Crafts: Christmas Products, Crystal Crafts, Metal Crafts, Holiday Gifts & Decoration, Photo & Picture Frames, Key Chains, Candles & Candles Holders.
4) Health & Beauty: Massagers, E-Cigarette, Makeup & Makeup Tools, Skin Care, Perfume & Perfume Bottles, Personal Hygiene.
5) Home & Garden: Baby Supplies, Bath & Toilet, Bedding, BBQ, Cookware, Tableware, Kitchen Accessories.
6) Jewelry: Bangles & Bracelets, Brooches, Earrings, Jewelry Set, Necklaces, Rings, Silver & Sterling Silver Jewelry, Gemstones.
7) Office & School Supplies: Pens, Notebook, Calculator, Educational Supplies.
Promotional Gifts: Keychain, Caps, Lanyard, Digital Photo Frames, Coasters, Golf Items, T-shirts.
9) Sports & Outdoor: Camping, Games, Pet & Products, Scooters, Sport Products.
10) Toys: Dolls, R/C Toys, Educational Toys, Ball, Electrical Toys, Plastic Toys.