Yiwu is the largest small commodity distribution center in the world. It has been identified as the world’s largest market by international authorities such as the United Nations and the World Bank.
Yiwu Small Commodity Wholesale Market (also known as China Small Commodity City) is located in Yiwu City, central Zhejiang. The business platform is the official website of Yiwu Small Commodity Market. Founded in 1982, it is one of the earliest professional markets established in my country. Over the past 20 years, after four relocations and eight expansions, Yiwu Small Commodity Wholesale Market now has a business area of more than 2.6 million square meters, more than 50,000 booths, 200,000 employees, and a daily passenger flow of more than 200,000. In 2013, the total market turnover reached 68.302 billion yuan, and it was awarded the honorary title of “Respecting Quality and Keeping Credit” by the General Administration of Quality Supervision, Inspection and Quarantine.
Yiwu Small Commodity Wholesale Market is composed of two market clusters: China Yiwu International Trade City and Huangyuan Market. The market has 43 industries, 1,900 categories and 1.7 million kinds of commodities, almost including handicrafts, accessories, hardware, and daily necessities. , rain gear, electronic appliances, toys, cosmetics, sports, socks, non-staple food, clocks, tapes, needle cotton, textiles, ties, clothing and other daily industrial products. Among them, the production and sales of accessories, socks and toys account for one-third of the national market. High quality and low price, all kinds of products have distinctive features, and they have strong competitiveness in the international market.
Yiwu Small Commodity Wholesale Market has developed logistics and is one of the three major logistics centers in Zhejiang Province. The market has more than 200 combined consignment lines, which directly reach 200 large and medium-sized cities in China; 6 special railways for luggage; the only civil airport in central Zhejiang; With a modernized transportation network, the daily cargo throughput reaches more than 5,000 tons. At the same time, it has opened a customs office, opened “one customs and three inspections”, and built two modern logistics bases, an international logistics center and a shopping mall logistics center, and modern logistics infrastructure. Advanced, functional and efficient.
With a developed market chain and popular transactions gathered by thousands of merchants, Yiwu Small Commodity Wholesale Market has become a source of information for publishing small commodity prices and new product trends. The market information dissemination channel is wide, and there are many small commodity market information websites such as various professional newspapers and periodicals, China Commodity Merchants Network and so on.
Yiwu Small Commodity Wholesale Market products radiate to more than 212 countries and regions, and are sold in Southeast Asia, the Middle East, Europe and the United States and other places. The annual export volume has reached more than 60% of the total turnover. Among them, the export volume of goods from advantageous industries such as handicrafts, jewelry, hardware, and glasses accounts for more than 70% of the industry’s sales; more than 60% of the merchants in the market have foreign trade supply business, and there are more than 8,000 foreign businessmen stationed in Yiwu. More than 500. In May 2002, Shi Guangsheng, Minister of the Ministry of Foreign Trade and Economic Cooperation of the People’s Republic of China, visited Yiwu and wrote an inscription for the market: “Facing the world, serving the whole country”.
Yiwu Small Commodity Wholesale Market has an advanced and developed market system, and the exhibition industry was launched early and has great influence. The market is equipped with a large-scale exhibition hall at the international advanced level – Meihu Convention and Exhibition Center of Yiwu Small Commodity Wholesale Market with a total construction area of 46,000 square meters. There are 5 exhibition halls, which can accommodate 1,500 international booths. Business center, coffee bar, etc., undertake more than 20 international and domestic exhibitions of different scales every year. The China Commodities Expo has been held for ten sessions since its inception in 1995. Since 2002, the Expo has been upgraded to a national export-oriented exhibition organized by the Ministry of Commerce. In 2005, the turnover of China Yiwu International Commodities Fair reached 8.098 billion yuan, of which the foreign trade turnover was 661 million US dollars. China Yiwu International Commodity Fair has become an important annual exhibition of labor-intensive commodities in my country, and has attracted much attention for its economic and trade, export-oriented and long-term effects.
With the accelerated transfer of global labor-intensive industries to my country, the export-orientedness of the Yiwu Small Commodity Wholesale Market has continued to increase, which has driven the development of the small commodity industry agglomeration. With Yiwu as the center, an international small commodity industry belt has been formed in Jin, Taiwan, Wen, Li and other regions. , to promote the cluster development of the market industry, and further consolidate and expand the market’s position in the international industrial division of labor.
Yiwu Small Commodity Wholesale Market is the first professional market in my country that has established ISO9001 international quality system and passed ISO14001 environmental management certification. In 2003, my country’s first professional market electronic information management system developed by self-programming was put into use to realize market development. , business space leasing, operating household code of conduct, business information and other services full computer management. Yiwu Small Commodity Wholesale Market is a designated shopping and tourism unit designated by Zhejiang Provincial Tourism Bureau. Among them, International Trade City was awarded the first five-star market in the province by Zhejiang Provincial Administration for Industry and Commerce, Huangyuan Market and Binwang Market were awarded three star market. In 2005, the International Trade City was approved as a national 4A-level shopping tourist area, the first shopping tourist attraction in the country.
Since 2000, Yiwu Small Commodity Wholesale Market took the opportunity of joining the WTO, established a new goal of “building the world’s largest supermarket and building an international shopping paradise”, actively implemented the internationalization strategy, vigorously developed shopping tourism, and accelerated the construction of market infrastructure. The first-phase market of the International Trade City with a construction area of 340,000 square meters opened in October 2002; Yiwu Customs Office, International Logistics Center, and China Commodity Digital City Online Market were put into use in 2002; the second-phase market of the International Trade City, F, Area G opened in October 2004, and Area H opened in October 2005. The expansion of the World Trade Center and the Convention and Exhibition Center is under planning, showing a majestic blueprint for internationalization.
The world’s largest small commodity market – China Yiwu Small Commodity Market, most of the markets and professional streets have been moved to Yiwu International Trade City. Many people started to understand Yiwu from small commodities. Anyone who does small commodity business in China knows that Yiwu can find the most complete variety of small commodities at the cheapest price. It can be said that small commodities made Yiwu, a county-level city unknown ten years ago, famous at home and abroad.