Yiwu-the World's Largest Wholesale Center
Whenever you talk about sourcing suppliers or products in China, Guangzhou and Shenzhen will first come to most people’s minds. For importers who do not have a lot of experience trading in China, it is highly likely they have never heard of a town known as Yiwu.So where Yiwu is?And Why Yiwu market is the world largest wholesale market of general merchandise?
Yiwu is a city build on commodity wholesale market. It is Located in the center of Zhejiang Province in china. It lies in the south of Shanghai and Hangzhou, the distance from shanghai to Yiwu is 300 km,the distance from Hangzhou to Yiwu is only 120 km. The city is well-known internationally for its commodity wholesale market. It is a county-size city that deals into 3, 20,000 kinds of commodities that fall in 1502 categories of 34 industries.
Yiwu international Trade Market is the largest wholesale market in the world. Its length is 7 km. Here you will find a wide array of products among them hardware and jewelry. It attracts more than 500,000 foreign procurers who come here every year to develop their business. Yiwu also has over 14,000 foreign businessmen from more than 100 different countries who reside here.
There are more than 70, 000 booths in this market. Each booth specially exhibits a product of some kind, a factor which makes Yiwu more of a huge fair instead of a market. What distinguishes it from all the other open fairs is that Yiwu market is open all year around except during the Spring Festival.
The Feature of Yiwu Market
1) The World’s Largest Wholesale Market Of Small Commodities.
2) One-stop Shopping of Commodities in 1901 Categories.
You need not go to other places, only in Yiwu market.
3) Zero-distance Contact With 58,000 Chinese Suppliers.
You can see, you can touch, you can take photos, huge designs for your choice.
4) All-day Exhibition Of 410,000 Kinds Of Consumer Goods.
It opens 8 Hours a Day (9:00 AM – 5:00 PM), 7 Days a Week, 365 Days a Year. It is like a permanent tradeshow.
5) Accept Small Quantity, Can Mix lots of Items in One Container.
Unlike Guangzhou or other cities in China, where buyers usually are required to buy container loads of goods to receive favorable pricing.
6) All the Prices in Yiwu wholesale market is the Factory Price.
Yiwu is the Heart of the World’s Factory. 90% shops in yiwu market are factory direct sale.
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