指数简介

Index Introduction

"Yiwu · China Small Commodity Index", referred as "Yiwu Index", is led by the Ministry of Commerce and organized by the People's Government of Yiwu. Zhejiang China Small Commodity City Group Co., Ltd. . Yiwu Index was officially released to the world in October 2006. It is mainly composed of price index, prosperity index and several separate monitoring indexes, creating the first professional market indexing in China. It is one of the first economic monitoring index released by the Ministry of Commerce. Yiwu Index is divided into four levels of sampling according to 15 categories, 97 middle categories, 525 sub-categories and 1964 detailed categories, collecting more than 3000 representative products and nearly 3000 fixed-point information collection stations, comprehensively reflecting the transaction scale, price trend and prosperity of Yiwu small commodity market, and has become a "price vane" and "market barometer" of small commodities. It is known as the "Dow Jones Index" of global small commodity trade.

指数大事记

Index Memorabilia

2024

The index was comprehensively upgraded and optimized. Officially launched Yiwu·China Small Commodity Index 2.0, taking "digital" precision as service orientation, revealing the operation dynamics of Yiwu market through "digital" and empowering market merchants.

Yiwu Index 2.0 was comprehensively optimized and upgraded, including expanding model index, enriching commodity classification, optimizing index data weight, and formulating commodity rotation rules.

2023

People's Daily & People's Data has awarded Zhejiang China Commodities City Group Co., Ltd. the "first certificate" for domestic small commodities data. CCC Group has entered into a comprehensive cooperation with People's Daily & People's Data in the areas of confirming the ownership of small commodities trade data, incorporating data assets into the balance sheet, and upgrading the Yiwu Index of the new era.

2017

Expanded the sample size and the number of businesses

2014

Revision of "Classification and Code of Small Commodities" and development of Yiwu Index and correspondence relationship with Customs HS Code.

2011

The Yiwu Small Commodities Code Integrated Service System Project Passes Expert Review.

2009

"Yiwu Index" won the third prize of the "Zhejiang Science and Technology Award" in 2009.

The Yiwu Index and Index Collection and Operation System officially started operation, and the index classification adopted the industry standard of "Classification and Code of Small Commodities".

Yiwu Municipal Government had established a leadership group for the coding of small commodities, which led the coding work. The specific affairs were implemented by the CCC Group.

The development research project of "Yiwu·China Small Commodities Index" won the first prize of the "National Commercial Science and Technology Progress Award" of the 2008 China Federation of Commerce Science and Technology Award.

2008

The Ministry of Commerce held a press conference on the industry standard for "Classification and Codes of Small Commodities" at Yiwu International Trade City.

CCC Group launched "Yiwu·China Small Commodities Index Information Special Issue"

2007

The classification standards for small commodities were included in the first batch of domestic trade industry standard project plans issued by the General Office of the Ministry of Commerce in 2007. They were undertaken by CCC Group and completed in 2008.

The Ministry of Commerce opened an index column on its portal website's "Business Weather Forecast" and officially released the "Yiwu·China Small Commodities Index" information

2006

"Yiwu·China Small Commodities Index" officially released by the Ministry of Commerce to the public.

The Market Operation Regulation Department of the Ministry of Commerce officially approved the project, named "Yiwu · China Small Commodities Index", which was officially released to the public during the Yiwu International Small Commodities Expo in October 2006.

2005

Zhejiang China Small Commodities City Group Co., Ltd. and Zhejiang Gongshang University signed an agreement to jointly carry out index compilation work.

The leaders of the Ministry of Commerce of the People's Republic of China inspected Yiwu International Trade City and proposed the idea of compiling the Yiwu Small Commodities Wholesale Index.

指数价值

INDEX VALUE

Reflect the development of global commodity trade

By collecting and analyzing a large number of small commodity trading data, Yiwu Index reflects the overall price trend of the global small commodity market, and has gradually become one of the most important indices of world commodity trade. For macroeconomic decision makers, merchants and consumers, Yiwu Index provides a comprehensive reference basis, and plays a positive role in promoting the stability and sustainable development of macroeconomic.

Establish a vane for Chinese products

As an important distribution center of small commodity market, the dynamics of Yiwu market can reflect the situation of China's consumer goods market to a large extent. Therefore, the Yiwu Index is also widely regarded as a bellwether of China's commodity exports, which has a profound impact on the study of global commodity price trends.

Create a guide for domestic enterprises to go overseas

Yiwu Index accurately reflects the price trend and trend of the global small commodity market, which has a rapid and substantial guiding role for Chinese small commodity production and sales enterprises to find overseas market opportunities and understand market dynamics. In short, the Yiwu Index has become an important guide for them to "go out".

Improve the efficiency of global trade data

In the process of establishing and updating Yiwu Index, small commodity trading data from all over the world will be gathered, integrated and circulated effectively. This process greatly improves the efficiency of global trade data and plays an important role in accelerating the development of global trade.

Drive the fiscal reform process

Through the collection and analysis of numerous commercial transaction data, Yiwu Index has helped realize the transformation from traditional land finance to a new data-driven form of finance, providing strong data support for the future decision-making, management and service of local governments, and further promoting the informatization and data-oriented reform of local governments.

Enrich the application field of data science

With the progress of Yiwu Index Project, a large amount of basic data has been collected and made use of new technologies for real-time update, intelligent analysis and effective application, which provides rich practical scenarios and powerful impetus for the development of data science, and promotes the development of digital science and technology to a certain extent.

Strengthen Yiwu's international influence

The real-time publication and wide application of Yiwu Index accurately shows the immediate situation of the small commodity market, and strengthens the international influence and credibility of Yiwu and Yiwu commodity markets. This also plays an irreplaceable role in enhancing the status of China's overall small commodity industry and promoting the development of China's reputation.

指数未来愿景

INDEX FUTURE VISION

Based on the rich experience and large amount of data accumulated in the past 17 years of "Yiwu Index", we will cooperate with top universities in China and use their latest scientific research achievements in statistics and data processing to redesign and build a new "Yiwu Index" structure. Combined with the ability of large language model in AIGC, we will fully tap the massive data of Yiwu small commodity market and form data assets. Using multimedia forms and platforms, with "Yiwu Index" as the spire, to build a multi-level small commodity data trading pyramid, and realize the smooth transformation from "land finance" to "data finance". Combined with the new technology of artificial intelligence, the data assets of Yiwu small commodity market are sorted out again, and the data commercialization is taken as the goal. From the one-way output form of half data and half information, it has been upgraded to interactive and expandable specialized data entrances and exits to derive data products and data services around Yiwu Index.