Yiwu Small Commodity Market (also known as China Commodity City), the previously operated commodities are mainly small commodities, and now the range of products is more and more wide, almost nothing; formerly synonymous with shoddy products, the products are now genuine, not Less is a boutique.
In the past, Yiwu had no industry in its own right. The products it operated were from Wenzhou, Guangdong and Fujian. Yiwu was only a hypermarket. Later, many products gradually turned to local production. Yiwu changed from a pure intermediary market to a market of origin. Now, the products sold by Yiwu market account for 40% of the local production. Yiwu market has an annual turnover of about 50 billion yuan, and local production is about 20 billion yuan. In other words, because of the market, it has driven the local industrial development.
So far, Yiwu Small Commodity Market has annual export transactions of about RMB 30 billion, and has grown significantly year by year. Every day, there are more than 5,000 foreign purchasers from around the world, and more than 200 foreign companies are stationed in Yiwu to sell Yiwu goods to their home countries. Yiwu Small Commodity Market has become an authentic international market. I even considered that with the Yiwu market, there is no need to run the Canton Fair every year. Because the Yiwu market is already a "Canton Fair" that opens every day.
Dear friends, we would like to visit our Yiwu Commodity City. I am here to wish you all a good time and enjoy your stay. I wish you all the best and you will come back home.