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Yiwu wholesale market introduction

General information about Yiwu City

 Yiwu City locate in east of China, middle of ZheJiang province, not far from ShangHai and near by HangZhou. Although Yiwu has a history as long as over 2200 years, it is nameless until 90’s last century. Yiwu was a country in early 80’s last century, the local government encourage market economy inventively then. Yiwu’s economy developed rapidly as China carried out reform and opening up policy, more and more people came to Yiwu to do business and wholesale products, including foreign merchants. Yiwu became a city officially in 1988, and it became the biggest wholesale market and small commodities contribute center of the world since 2004.

 yiwu international market

                                                                                           Yiwu International trade city

 

  As a famous international trade city, now Yiwu holds a population of 1.23 million people, including over 13000 foreigners. The trade and business in Yiwu is prosperous, there are 50000 firms sale 0.4 million subclass products. Yiwu has total 2.6 million square meters market area, its value of export in 2011 is 3.95 billion US dollar, 57000 containers of goods were shipped to 212 countries and regions.