Yiwu Guide

Market survey

About Yiwu Market International Trade City China Commodity City

China Commodity City

Founded in 1982, China Commodity City locates in the center of Zhejiang, Yiwu, is one of the earliest founded special markets, after 20 years, has experienced 4 times moving, 8 times building extension, now possesses the business area of 800,000 odd sq.m., 34,000 odd stands, 80,000 odd employed, daily passenger flow quantity of more than 200,000, daily turnover is 0.89 billion. In 2002, total trading volume of the market reached 22.998 billion including export value of USD 1.5 billion, it has been leading in national industrial product wholesale markets in successive 12 years and been granted the unique market title of "Pay attention to quality, keep credit" by the General Administration of Quality Supervision Inspection and Quarantine of the People's Republic of China, is circulation, research and development and Exhibition Center of international commodity, also is the biggest commodity export base in our Country. China Commodity City consists of China Yiwu International Trade City, Huangyuan Market and Binwang Market, which possess 28 categories and 100,000 odd commodities, almost include all daily industrial articles such as Craftwork, Ornament, Small Hardware, Daily Article, Case & Bag, Rain Gear & Umbrella, Electron & Electrical Appliance, Toy, Cosmetic, Stationery & Sports Article, Hosiery, Food, Watch & Clock, Thread & Band, Knitting Cotton, Textile, Tie, Garment Etc, among which cost volume profit relationship of ornament, hosiery and toy cover one third of nationwide markets, is high quality and inexpensive, with various obvious features, have very strong competition in the world.

China Commodity City has developed logistics, is one of three logistics centers in Zhejiang. The market possesses 200 odd coordinated consignment lines, which can directly reach domestic 300 large and medium Cities, 6 luggage railway lines, has unique civil aviation in central region of Zhejiang, closes to Ningbo and Shanghai ports with developed sea transportation, forms the solid traffic network of road, railway and aviation, daily goods throughput reach 5000 odd tons, standard containers of foreign consign were 200,000 in 2002. Meanwhile, found custom office, open one custom, three inspection, match to build up two modern logistic bases of International Logistic Center and Commodity City Logistic Center with advanced basic facilities, complete and high efficiency function.

With developed market chain and hot trading of numerous gathering merchants, China Commodity City becomes information source of issuing commodity price and new product trend, possesses wide spreading tunnel of market information, as well various commodity market information websites of special newspapers and periodicals, China Commodity Digital City, etc, in which, China Commodity Digital City is China Commodity City Net Market, figural market stands are all on website, thus promote electronic commerce development.

The goods from China Commodity City spread to about 160 countries and regions, are saleable in Southeast Asia, Middle East, Occident etc, yearly export volume has strongly reached 50% of total trading amount, in which, the export volume of predominant industry goods such as Craftwork, Ornament, Small Hardware, Glasses, etc is 70% above, in the markets, above 60% merchants have supplying business of foreign trade, so now permanent foreign merchants in Yiwu are more than 5000, foreign commercial institutions are over 200. In May 2002, the Shi Guangsheng, former minister of State Foreign Economic & Trade Ministry, drove the quill to write the epigraph of "Face to the world, serve the whole Country".

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