Introducton of Yiwu city and Yiwu international Trade City

1. Geographical Location:
   Yiwu is strategically located within Zhejiang Province, benefiting from a temperate climate that supports its year-round trading activities. It is approximately 100 kilometers south of Hangzhou, the provincial capital, and is well connected by road, rail, and air.
2. Economic Background:
   Yiwu’s economy heavily depends on commerce. It is often dubbed as “the world’s largest small commodities market”. The city has developed a highly efficient trade network and logistics services, making it a critical node in the global supply chain of small goods.
3. Cultural and Social Aspects:
   • Yiwu has a diverse cultural background due to the influx of international traders. It has fostered a multicultural environment, with various cultural and religious communities, enriching the city’s social fabric.
   • The city also hosts various cultural festivals and fairs, which attract thousands of visitors every year.
4. Infrastructure:
   Yiwu has invested heavily in infrastructure to support its vast trading activities. It boasts a modern airport, an efficient railway system, and numerous highways that connect it to major cities in China.

1. Market Structure:
   • The market is segmented into multiple districts and market segments, each specializing in different categories of products such as textiles, electronics, toys, household goods, and a myriad of other small commodities.
   • Over 75,000 booths and stalls populate the complex, showcasing millions of products from local and international suppliers.
2. Economic Impact:
   • Yiwu International Trade City acts as a global distribution center, significantly contributing to the local and national economy.
   • The market attracts buyers and sellers from over 200 countries and regions around the world, facilitating trade and commerce on an unprecedented scale.
3. Facilities:
   • The market complex includes state-of-the-art logistics and storage facilities, providing ample support for the massive volume of goods traded daily.
   • Accommodation, dining, and leisure facilities are also available within the market, accommodating the needs of traders and buyers.
4. Innovation and Modernization:
   • Yiwu International Trade City continuously integrates modern technologies and innovations to enhance trading efficiency.
   • E-commerce platforms and digital trade solutions are actively promoted, allowing for seamless online trading operations.