Do you know where’s Yiwu Market?Yiwu Wholesale Market(Yiwu International Trade City) is the largest and best wholesale market in the world.There are more than 80000 booths.Almost all of international business factories of China, have their own booths in this market.
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As we know, YiWu is a global market located in Zhejiang Province, China. This city is most famous as a commodities center with a vibrant market and also as a tourist destination.
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The YiWu wholesale market has a large variety of good-quality yet cheap commodities and has been named the banner of the country’s market economy. It is the largest wholesale market for daily commodities in the world.
The Basis Of YiWu Market You Should Know
The YiWu China Commodity City occupies an area of 6.4 million square meters with 75,000 booths inside. There are 100,000 suppliers in this market who show about 400,000 different kinds of products. More than 15,000 overseas merchants from more than 100 countries are stationed at YiWu. 65 percent of these products are exported to 210 different countries across the globe. For this reason, the YiWu market has been ranked first in the national professional market for 30 consecutive years.
YiWu optimizes the e-commerce environment and builds a support system for the entire industry of e-commerce. According to statistics, YiWu e-commerce transaction volumes have gone above and beyond 250 billion yuan. That is about 32 billion USD.
The growth may be significantly attributed to the city’s active response to the Belt and Road Initiative. Freight rail routes have been launched from YiWu to Central Asia, London, Spain, and cover 34 different countries and regions.
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The Best and Largest YiWu Wholesale Markets
YiWu is more of a huge fair instead of a market. This is due to the many foreign procurers and businessmen that this multicultural city attracts.
What distinguishes the YiWu wholesale market from other open fairs is that this is open all year round except during Chinese Spring Festival also known as Chinese New Year. The last Spring Festival happened between 26th January to 20th February. The whole country doesn’t work much during that time so if you would like to visit YiWu, it’s either you go a week before the Spring Festival or two weeks after. You should also avoid visiting on public holidays such as the Tomb Sweeping Day which is on 4th of April; almost all shops are closed throughout the day. Other holidays include 1st of May which is Labor Day and 1st of October which is National Day Holiday.
On weekends, you shouldn’t go earlier than 9:30 am. The best time to get to the market is around 10:00 AM when almost all shops are open. Regular opening hours on weekdays are between 8am – 5pm.
YiWu has many wholesale markets. Here are some of the most famous ones:
i. YiWu International Trade Market
The YiWu international trade city is one of the wholesale markets in YiWu. It is also referred to as the China Commodity City (CCC) or the YiWu Futian Market because it’s located in Futian. Foreigners commonly refer to this market as the “YiWu Wholesale Market”.
ii. YiWu Huangyuan Clothing Market
Some of the products you can find here include clothes, suits, uniforms, coats, scarves, t-shirts, jeans, jackets, and trousers.
iii. YiWu Furniture Market
Some of the products you can find here include lights, chairs, sofas, beds, drawers, tables, doors, bookshelves, fireplace, couches, mirrors, and baby cribs.
vi. YiWu International Capital Goods Market
Some of the products you can find here are business logistics equipment, industrial electrical accessories, printing and packaging materials on the first floor. On the second floor, you will find kitchen wares, food processing machinery, power generation fittings, tools, and cutting tools. On the third floor, you will find lamps and lanterns while on the fourth floor you will find leather products and raw leather.
v. YiWu International Trade City
There is no other wholesale market that is as organized and well planned as the YiWu wholesale market. The YiWu International Trade City is very innovative and one of the most advanced in the world. It has modern facilities like automatic roof windows, rainfall collection systems, and solar energy generators.
The regions are divided according to the category of their products such as toys, electronics, jewelry, homeware, apparel, and sports equipment. We have sorted out the various products into the different districts to make it easy for you to find whatever it is you’re looking for:
District 1
This 4-story building was built in 0ctober 2001 and started being used on 22nd October 2002. It covers an area of 340,000 square meters and holds more than 10,500 shops. Most sellers speak very little English; for instance, they understand “how much?” so they show the price of the goods on their calculators. However, any further communication will require that you get an interpreter.
This district has banks, vending machines, and fast serving restaurants like Burger King, McDonalds, and Pizza Hut.
More than 70 percent of the products you find here are for export. They, however, do not accept international credit cards but prefer that you buy in cash. The shops are open between 9am to 5pm.
The 1st floor is filled with common toys, inflatable toys, plush toys, artificial flowers, as well as flower accessories.
The 2nd floor is filled with jewellery and head ornaments
The 3rd floor is filled with ornament accessories, picture frames, tourist art & craft, decoration craft, festival craft, porcelain, and crystal.
The 4th floor has big showrooms filled with factory outlets
District 2
This 5-story building was opened on 22nd October 2004 and covers an area of 600,000 square meters. It has more than 10,000 shop fronts that are cubed from floor one to floor three. The stalls open from 9:30 am to 5pm.
Just like District 1, District 2 also has banks, restaurants, and telecommunications companies inside.
The 1st floor has suitcases, bags, umbrellas, raincoats, plastic bags, shopping bags, package bags,
The 2nd floor has vehicles, hardware tools & fittings, electrical accessories, and locks.
The 3rd floor has electronic and telecommunications products, small home appliances, kitchen and bath instruments, batteries, lamps, flashlights, watches & clocks, and shavers.
The 4th floor here also has big showrooms with factory outlets. Hong Kong Mall, South Korean Mall, and the Sichuan Mall are also located on this floor.
District 3
This district is a 5-story building with more than 7,000 shop fronts and covers an area of 460,000 square meters. The stalls are open from 9:45 am to 4:45pm.
Different industries are put on different floors as follows:
The 1st floor has stationery and office products such as pen, paper, and ink
The 2nd floor has sporting products
The 3rd floor has buttons and zipper outlets as well as other garment accessories
The 4th floor has travel products and cosmetics & beauty outlets
District 4
This is the strongest and the best-bred district. It was opened on 21st October 2008 and covers an area of 1,008,000 square meters. This district has more than 19,000 shops that mainly sell textile products; they open between 9:45am to 4:45pm.
The 1st floor has socks
The 2nd floor has general merchandise for daily use, consumables, supermarket products, gloves, hats, and other knitted products
The 3rd floor has sewing threads and tapes, shoes, shoelaces, neckties, wool yarn, towels, buckles, and other textile accessories
The 4th floor has shawls, belts, scarves, bras, and other innerwear.
District 5
This 5-story building is the youngest district that was opened in May 2011. It has more than 7,000 shops that cover a total area of 640,000 square meters and cost over 218 billion USD. The shops here are open between 10:00am to 4:30 pm.
The 1st floor has imported commodities, African products exhibition center, jewellery, handcrafts, clothing, hats, health care products, and food products
The 2nd floor has bedding, and DIY products
The 3rd floor has needle water fabrics, knitting raw materials, textile raw materials, and curtains
The 4th floor has auto accessories, car & motorcycle parts, hotel supplies, ceramics, glassware, and pet products.
What Are the Famous Fairs In YiWu You Should Visit?
There are quite a number of exhibitions that are held in YiWu from time to time. The YiWu exhibition is usually regarded as the mini Canton. These two happen at around the same period with the YiWu exhibition starting after the completion of the Canton fair.
Here is a list of exhibitions to be held in YiWu this coming September:
i. The Belt and Road YiWu Sports Industry Exhibition
ii. China Art and Frame Expo
iii. China Auto and Motorcycle Parts Exhibition
iv. China YiWu International Commodities Fair
v. China YiWu International Manufacturing Equipment Expo
vi. Belt and Road Initiative Glasses and Eye Care Products Fair
vii. The 14th YiWu Cultural Products Trade Fair
What Are the Best YiWu Agents to Help You with Export Business
There are very many agents in YiWu which makes it hard for people to find a good and trustworthy company. If you make a mistake and work with a bad agent, the damage this will do to your business is significant and cannot be underestimated.
Some of the main reasons you will need to work with an agent are:
i. They will prepare everything for you in China including sending an invitation letter, visa and travel ticket arrangement, hotel reservation, pick-up and drop-off to at the airport, as well as check-in at the hotel. After you’re comfortable in the hotel, the agent acts as a YiWu market guide and give a tour around YiWu.
ii. They act as translators since most shop owners in YiWu Market don speak fluent English. If you’re lucky, the agent will negotiate some discounts for you.
iii. They collect your goods together in a warehouse and ship them in the same container.
iv. They handle export procedures for you. They do inspection, delivery, customs clearance, leaving you to focus on just purchasing your products.
Chinabrands: The Best Wholesalers/Dropshippers for Your Small Business
However, if you don’t have time or feel tired of traveling to visit YiWu markets by yourself, I highly recommend you Chinabrands.com.
Chinabrands is a leading global drop shipping wholesaler from China and better than Alibaba/Aliexpress.They have global reach servicing customers in more than 200 countries.
It offers full catalogs, including cheap clothes, bags, shoes, jewelry and accessories, beauty, 3C products, household necessaries and so on that totally more than 500,000+ SKU. Also, new and trendy arrivals added every day.
It’s a very considerate supplier for covering low-end to high-end products lines at wholesale price. Such as purchase clothing from this wholesale distributor, you can buy tops in $0.29, and the quality is quite good. If you look for high-end fashion brand, it may just cost about $40.
Besides, every purchase in the site, you receiver CB points as rewords, and you can use as cash next buy. If you register as a member (click here to join free), you can get much more discounts as well as get more CB points. Extremely low price and CB rewords points can maximize cut you cost and make exciting more profits.
What’s more, Chinabrands provides extra valuable services.
This wholesaler offers SEO-optimized product descriptions that you can download and upload to your online stores like Amazon, eBay, shopify or any other online shopping platform. That will save much time for you to write products descriptions and help your stores rank better.
Feature Overview
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