Do Global Business in Yiwu
The Largest Market in The World
Yiwu International Trade City, also known as the Yiwu Market , sitting in Yiwu of Zhejiang since 1982, covers an area of over 6,400,000 m2 with 75,000 booths, 210,000 staff and 210,000 daily visitors. It sells 2.1 million items from 26 commodity categories. It's the center of business, information and display of small commodities. The UN, World Bank and JP Morgan have named it the "largest small commodity wholesale market" in the world.
Reference:
The Largest Export Base in China
Yiwu Market is the largest small commodities export base in China. Yiwu market has traded with over 210 countries and regions with export revenue accounting for 65% of Yiwu's GDP. Yiwu receives 500,000 foreign buyers each year, hosts 13,000 foreign residents, 20 more transnational retailing giants like Walmart and Metro as well as over 30 domestic supermarket brands. There are over 6,800 foreign-invested companies, among which 2,500 belong to foreign-funded partnership enterprise that equals 75% nationally.
The Backbone of China's Economy
Yiwu is a county-level city in Zhejiang Province. Zhejiang is called "the backbone of China" because it is a major driving force in the Chinese economy and being one of the richest and most developed provinces in China. China is the world's largest manufacturing economy and exporter of goods. China accounts for 30% of global manufacturing output, ranking first globally for 13 consecutive years.
Reference:
https://en.wikipedia.org/wiki/Yiwu
https://en.wikipedia.org/wiki/Zhejiang
https://en.wikipedia.org/wiki/Economy_of_China
http://english.scio.gov.cn/pressroom/2022-06/14/content_78269516.htm
You Can Find Everything You Need in Yiwu Market!
Yiwu Market Map
Yiwu International Trade Market- District 1 East
Yiwu International Trade Market- District 1
- 6 Languages;
- 7,5000 Shops;
- 210,000 Suppliers;
- 2,100,000 Products;
- 6,400,000 Square Meters;
Yiwu International Trade Market- District 1
Yiwu International Trade Market- District 1 East
Yiwu International Trade Market- District 1
- Floor 1 for artificial flowers, flower accessories, plush toys, inflatable toys, electric toys and ordinary toys;
- Floor 2 for headdress and jewelry;
- Floor 3 for festival & wedding crafts, decorations, porcelain, crystals, photo frames and accessories;
- Floor 4 for factory outlet center of porcelain, home decorations, ornaments, Christmas supplies and artificial flowers as well as big distributors of jewelry and jade.
Yiwu International Trade Market- District 1 East
Yiwu International Trade Market- District 1 East
Yiwu International Trade Market- District 1 East
- Floor 1 for jewelry accessories;
- Floor 2 for jewelry and jewelry accessories;
- Floor 3 for jewelry.
Yiwu International Trade Market- District 2
Yiwu International Trade Market District 2 – East
Yiwu International Trade Market- District 1 East
- Floor 1 for bags, suitcases, umbrellas, ponchos, outdoor leisure products and gift packaging;
- Floor 2 for hardware, tools, electrical products, locks and automotive parts;
- Floor 3 for kitchen and bath, home appliances, telecommunication devices, electronic instruments and watches;
- Floor 4 has factory outlet center and local specialty pavilions;
- Floor 5 has trade purchase service center and special goods exhibition.
Yiwu International Trade Market District 2 – East
Yiwu International Trade Market District 2 – East
Yiwu International Trade Market District 2 – East
- Floor 1 for home decoration & Hardware;
- Floor 2 for new energy products, new energy vehicles;
Yiwu International Trade Market- District 3
Yiwu International Trade Market District 2 – East
Yiwu International Trade Market District 2 – East
- Floor 1 for pens, ink, paper and glasses;
- Floor 2 for school & office supplies, sports instruments and goods;
- Floor 3 for cosmetics, zippers, buttons and clothing accessories;
- Floor 4 has factory outlet center;
- Floor 5 operates painting and arts (decorative drawings, photo frame accessories and tooling).
Yiwu International Trade Market- District 4
Yiwu International Trade Market- District 4
Yiwu International Trade Market- District 4
- Floor 1 for socks and leggings;
- Floor 2 for daily necessities, gloves, hats and knitting;
- Floor 3 for shoes, bands, laces, collars, wool and towels;
- Floor 4 for bras, belts and scarves;
- Floor 5 for the tourism shopping center and factory outlet center mainly with bras, underwear, swimwear, scarves, shoes, paintings, hats and display equipment.
Yiwu International Trade Market- District 5
Yiwu International Trade Market- District 4
Yiwu International Trade Market- District 4
There are 7,000 booths on Floor 1 – 5 mainly for imported goods, bedding, wigs, cloth (curtain cloth), festival and wedding supplies, knitting material, hotel supplies, automotive parts & accessories, pet (aquarium) supplies, delivery and e-commerce service area.
Huangyuan Apparel Market
Yiwu International Trade Market- District 4
Huangyuan Apparel Market
- Floor 1 for jeans, tailor-made garments and retailing;
- Floor 2 for men's wear, fashion and clothing accessories;
- Floor 3 for women's wear;
- Floor 4 for women's wear, pajamas, woolen sweaters and sports wear (shirts);
- Floor 5 for kids' wear;
- Floor 6 for relaxing (cinema & restaurants).
- Floor 7 & 8 for the Korean clothes shop and other services.