Source: Yiwu sourcing agent Author: Helan Date: 2011-11-23
The latest statistics from Yiwu Municipal Administration for Industry and Commerce show that there have been 169,000 domestic economic entities in Yiwu up to September 30 this year, including over 20,000 enterprises and 148,700 individually-owned businesses.For the first time, the number of enterprises in Yiwu exceeds 20,000.And the foreign-invested
partnership enterprises, which have received much concern, maintain a good momentum of growth, whose number has increased from 21 at the beginning of the year to 253 at present and continues to rank first in the country.
As the pilot city for the comprehensive reform of international trade, Yiwu speeds up its pace of internationalization, thus inspiring foreign merchants' sustained passion for investment.Upon the promulgation of the policies concerning foreigninvested partnership enterprises last year, many foreign businessmen came to love purchasing commodities in this form.In the past more than one year, a total of 253 foreign-invested partnership enterprises have been set up by overseas enterprises and individuals from over 10 countries
and regions including Yemen, Syria and Pakistan.It is estimated by the municipal administrative authority that in Yiwu, there are over 10,000 resident foreign businessmen and 3,047 representative offices of foreign enterprises.
And the number of foreign partnership enterprises is expected to exceed 500 at the end of this year.
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