Yiwu China Commodities City

"Yiwu China Small Commodity City Market was founded in 1982, after six changes in its location, ten expansions, five generations of transition, has formed the international Trade City Zone 1 to 5, Binwang, Huangyuan and international means of production market, such as eight market groups. It has a business area of more than 6.4 million square meters and 75,000 business locations, collecting 26 categories and more than 2.1 million kinds of commodities, and is praised as "the world's largest small commodity wholesale market" by authoritative institutions such as the United Nations, the World Bank and Morgan Stanley. According to statistics, if you stay in front of each business for three minutes, according to the business hours of 8 hours a day, it will take more than a year to visit the complete market.

Yiwu Market is the "weather vane" and "barometer" of global small commodity trade, and enjoys the title of "world supermarket". Yiwu has trade with more than 230 countries and regions, with an outward orientation of 60%, more than 560,000 overseas merchants every year, more than 15,000 foreign merchants from more than 100 countries and regions are resident in Yiwu, and more than 8,000 foreign investment entities in Yiwu, driving the development of 2.1 million small and medium-sized enterprises and 32 million industrial workers. In 2022, the turnover of China's small commodity city exceeded 200 billion yuan, ranking first in the national professional market for 32 consecutive years.

At present, Yiwu market is accelerating towards the development stage of the sixth generation market, and is making every effort to build a global digital trade center (covering an area of 562 acres, with a total construction area of about 1.32 million square meters and a total investment of about 8 billion yuan), with six functional sectors: service trade, industry cultivation, innovation and creativity, dynamic commerce, imported department stores, and brand selection. Build a three-dimensional ecosystem of small business and trade that integrates transaction implementation, industrial city linkage, new and old market coordination, online and offline integration, and domestic and foreign exchanges, and build a new generation market that leads the trend of global trade.