About Yiwu
    2014-06-04 15:36:59     Agencies      Web Editor: Fu Yu
The city of Yiwu, located in the central part of east China's Zhejiang Province, was named the best commercial city on the Chinese Mainland by Forbes in 2005. It is hailed by many as "A Sea of Commodities, A Paradise for shoppers".

The city of Yiwu, located in the central part of east China's Zhejiang Province, covers an area of 1,105 square kilometers and has a population of 1.23 million. It is the tenth national comprehensive reform pilot city with the first national comprehensive reform pilot program carried out in a county-level city.

Yiwu is the world's largest consumer goods purchasing center. The market has an area of 4.7 million squaremeters, accommodates 70,000 booths and sells 1.7 million kinds of goods of 4202 categories in 16 classes. It is hailed as the world's largest wholesale market of consumer goods by the United Nations and the World Bank. Yiwu was named the best commercial city on the Chinese Mainland by Forbes in 2005. It has established business ties with 219 countries and regions.

Over 400,000 overseas businessmen come to Yiwu each year, and over 13,000 overseas businessmen from more than 100 countries and regions reside in Yiwu. It has formed an international logistics network reaching the whole world. Yiwu Customs has realized a one-stop cross-customs clearance with Ningbo Port and Shanghai Port. Eighteen world-renowned shipping companies have set up representative offices in Yiwu.

Yiwu is a vigorous city of entrepreneurship. It has 13 national industrial bases, 1 national economic development zone, 1 provincial industrial park. The outputs of Yiwu's seamless underwear account for 30% of the global totals and 80% of the national totals. Yiwu is also promising in modern services, such as exhibitions, finance and logistics. Every year, it holds over 80 fairs, including 4 national-level ones. With flexible financial services, convenient logistics and vigorous development of E-commerce, Yiwu gathers more than 50,000 various types of network shops and realizes a turnover of over 30 billion yuan.

Yiwu, "A Sea of Commodities, A Paradise for shoppers".

Share

               


CRIENGLISH.com claims the copyright of all material and information produced originally by our staff. No person, organization and/or company shall reproduce, disseminate or broadcast the content in any manner whatsoever without the express written permission of CRIENGLISH.com.

CRIENGLISH.com holds neither liability nor responsibility for materials attributed to any other source. Such information is provided as reportage and dissemination of information but does not necessarily reflect the opinion of or endorsement by CRI.

 
Audio Reports more »
Biz Life more »
Policy more »
Markets more »

News
China
World
Politics
Business
Sports
Showbiz
Sci-tech
Photo
Recommended
China
World
Sports
Showbiz
Travel
Video
C4
The Sound Stage
Showbiz
Travel
China Revealed
My Chinese Life
Travel
Destinations
Photo Gallery
Recommended
Learn Chinese
"In" Chinese
Chatting in Chinese
Pop Culture
Traditional Culture
Living Chinese
Chinese Studio
Chinese Class
Learn English
Special English
Pop Chart
Everyday English
Fabulous Snaps
CRI News
China.org.cn  | Xinhua  | People's Daily Online   |  CNTV.cn  | China Daily  |  Global Times  | China Job  |  China Tibet Online  | Taiwan.cn  | eBeijing  | Beijing Today  | China-Eurasia Expo  | APEC Yiwu Conference  | Chinese Embassy in S.Africa  | Chinese Embassy in Australia  | Chinese Embassy in NZ