指数大事记

Index Memorabilia

September 2005

Former Minister of Commerce of the People's Republic of China visited Yiwu International Trade City and put forward the idea of compiling Yiwu Index

November 2005

Zhejiang China Commodity City Group Co., Ltd. and Zhejiang Gongshang University signed an agreement to jointly compile the index.

Feburary 2006

The index research group reported to the leaders of Yiwu Municipal government the formulation plan. Xu Jiayai, deputy Director of the Department of Market Operation Regulation of the Ministry of Commerce, and his delegation visited Yiwu International Trade City to understand the preparation of the index.

March 2006

Mayor Wu Weirong went to Beijing to report the progress of the index compilation.

April 2006

Fang Aiqing, director of the Department of Market Movement Regulation of the Ministry of Commerce, put forward four guiding opinions on the preparation of Yiwu China small Commodity Index.

May 2006

The members of the research group went to Beijing to report to Director Fang Aiqing for the compilation of the index.

June 2006

The Department of Market Operation Regulation of the Ministry of Commerce officially established the project, named "Yiwu Index", which was officially released during the Yiwu International Small Commodity Expo in October 2006.

July 2006

Hundsun Electronics Co., Ltd. was responsible for the software development of the index information system, and the index compilation work entered the data collection stage and established the base period database.

August 2006

"Yiwu Index" trial compilation.

September 2006

The Ministry of Commerce organized experts to hold a demonstration meeting on the preparation plan of "Yiwu Index", and the plan was successfully passed.

October 2006

"Yiwu Index" was officially released by the Ministry of Commerce.

January 2007

Phoenix Satellite TV information station "Jinshi Finance" column every Tuesday afternoon "business forecast" on the "Yiwu index" to do a brief broadcast.

Feburary 2007

The Ministry of Commerce opened an index column in the "Business Weather Forecast" of its portal website and officially released the information of "Yiwu Index".

March 2007

The small commodity classification standard was included in the first batch of domestic trade industry standard project plan issued by the General Office of the Ministry of Commerce in 2007, and was clearly drafted by Zhejiang China Small Commodity City Group Co., LTD.

October 2007

"Yiwu Index: Global Procurement Vane - Index Application and Market Function Innovation Forum" was organized by the Ministry of Commerce and the People's Government of Zhejiang Province, and hosted by the People's Government of Yiwu City,

March 2008

Commodity Group founded "Yiwu · China Small Commodity Index Information Special issue".

October 2008

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

January 2009

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

Feburary 2009

Zhejiang Gongshang University National specialty (Statistics) practice research base was listed.

Feburary 2009

 Yiwu Municipal government set up a small commodity coding work leading group to lead the coding work, and the specific affairs were implemented by the Mall Group.

June 2009

The index collection and calculation system connecting Yiwu Index and new classification was officially put into operation, and the index classification adopted the industry standard "Small Commodity Classification and Code"

September 2009

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

November 2009

CCTV second set of financial channel "Trading time" column every Wednesday morning on the "Yiwu • China small commodity Index" do rolling broadcast.

December 2009

The Research Institute of the Ministry of Commerce completed the project "Enhancing the influence of Yiwu Index".

January 2010

The first phase of the small commodity two-dimensional code research project concluded, and the expert group unanimously passed the review of the design scheme of Yiwu small commodity code preparation rules.

July 2010

Complete the research and preparation of the corresponding relationship between the classification of small commodities and the customs HS classification.

March 2011

Yiwu small commodity code comprehensive service system project passed the acceptance of the expert group.

March 2011

The comprehensive evaluation system of Yiwu small commodity market boom early warning and the English website of Yiwu Index passed the acceptance of the expert group.

指数数据维度

Index dimension

Logistics data

container transport volume, number of foreign investors, road combined transport volume, railway freight volume (shipped out), air freight and mail throughput, car passenger flow, passenger throughput, train passenger flow in Yiwu urban area

Price Index and its incease and decrease

Weekly Price Index, Monthly Price Index, Export Price Index, Order Price Index, Market Price Index, Online Price Index;

Prosperity Index and its incease and decrease

Trade Turnover Index, Trade Volume Index, Market Popularity Index, Confidence Index, Benefit Index, Scale Index, Commodity's Turnover Rate Index, Commodity's Gross Profit Ratio Index, Fund's Turnover Rate Index,Average Gross Profit Index

Customs data

commodity import and export amount and country;

Capital flow data

bank capital inflow and outflow, bank cash inflow and outflow

Fifteen categories Primary class

Crafts, jewelry, toys, hardware and electrical materials, electronic and electrical appliances, watches and glasses, cultural office supplies, sports and entertainment supplies, clothing and apparel, footwear, needles, textile, luggage, care and beauty supplies, daily necessities, accessories and packaging.

指数价值

INDEX VALUE

01

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.

02

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.

03

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".

04

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.

05

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.

06

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.

07

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.

联系我们

Contact Us

Yiwu·China Small Commodity Index Compilation Office

Address:16F, Headquarters Building, Commodity Group, 567 Yinhai Road, Futian Street, Yiwu City, Zhejiang Province

Official website: https://www.ywindex.com/E-Mail:ywindex@chinagoods.comPhone: 0579-85191766Postcode: 322000