Yiwu businessman is still optimistic about Dubai

Source: Yiwu sourcing agent    Author:       Date: 2009-07-06

 Yiwu businessman Hong Weiying, chairman of Hong Sing Arts & Crafts Co., Ltd. Land the Middle East customers in business negotiations. Fair exhibition in Dubai during the period, often to see exhibitors and buyers snap a calculator, the price than the painted gesture, order goods from the scene. photo by Lan Jiangxiao

     Bing-Feng Li

     In the international financial crisis after a year and a half, in mid-June, 143 flights Yiwu enterprises to participate in the World Trade Center in Dubai, United Arab Emirates held the first Fair exhibition in Dubai, to achieve turnover of 236 million yuan, will once again back to the memory of people to Dubai.

     China Commodity City Group of the relevant person in charge of fiscal Wang told reporters that last year, the international financial crisis will certainly impact on Yiwu market. Yiwu business initiative to develop new markets, not only seize business opportunities, and efforts to create and promote brand Yiwu, Yiwu Fair exhibition in Dubai is a useful attempt.

     Fair exhibition in Dubai during the period suddenly come to Yiwu so many businessmen, led to the local media attention, more journalists than to the question is "How do you look at Dubai", "Dubai and Yiwu to establish how the relationship will"? In fact, this is also participating merchants Yiwu constantly ask ourselves. So, visit the market, understand the sales information, to find out the needs of consumers in the Middle East, to capture the trend of world consumption, Yiwu has become a participating merchant homework required.

     "I read about the city of Dubai is also building a light rail are also many large construction projects." Yiwu Zhizun Craftwork Carpet Factory, chairman of Lu Zheng-Hong said that although the financial crisis on Dubai, has heard the impact, but came to Dubai found, apart from the Master show slightly smaller flow, the feeling of nothing in particular. Of course, the most intuitive feelings is "the cost of living in Dubai is too high." Lu Zheng-Hong Dubai to see the world's cities can be called light rail transit, one of the most expensive, the first lines will be September 9 officially opened.

     The floor, Yiwu boss owns a shop in Dubai, in Yiwu and Guangzhou have a factory, specialized smoking do the Arab water. June 27, journalists are being encountered in Yiwu goods market group he. He told reporters, when they choose to Dubai Gold Rush is a fancy home where there is no fierce competition in the market, I believe that the spirit of their own tradition of hard work will certainly be able to be successful.

     But now Dubai's economic bubble burst, making speculation shops where merchants were under immense pressure in China, and some even lose. "However Yiwu foreign investment in real estate and shops relatively cautious, so I understand that the situation is still good." Floor, the boss said, after the financial crisis, he found that Europe and the United States had strong purchasing power because of the pressure of business left , while the remaining customers in the Middle East and Africa, South America, the strength remaining customers, the purchasing power of the changes did not happen too much.

     "After the financial crisis, I have to rest for some time. Subsequently, after the observation, I think that Dubai can sustain the business, so to return to Yiwu to purchase a." Floor, the boss said that Yiwu market at this time as a result of the operation of households order to reduce the price and quantity of procurement, or to speak more.

     It is understood that Dubai Exhibition and Fair are as eye-catching in the major Internet forums have been concerned about the "Dubai luxury large gathering of classic cars" and the international contemporary art market cutting-edge art fair in Dubai --- record turnover also quite good. It seems that Dubai money only shining light of all the "Phoenix" seems to have been in the financial crisis in the hold, the people living here are still carried out in the end to extravagance.

     Yiwu Sea Ling lighters Co., Ltd has been operating in the Middle East for more than 10 years, mainly through local distributors to sell three large cigarette lighter. "A lot of Yiwu merchants doing business in Dubai are using proxy mode, this way there is a flaw, that is, too many intermediate links, in terms of price is not competitive." Zhou Jian, chairman of the company said the order to break the monopoly of big distributors, The trip to Dubai, he directly with the two dealers over 20 to meet to discuss cooperation, open up the market.

     Yiwu merchants outside the Middle East is the main procurement, on weekdays in the Middle East in Yiwu merchants have purchased four or five thousand people, the United Arab Emirates has overtaken the United States had become the largest exporter of commodities, Yiwu. If the Yiwu market to attract more distributors to come to two procurement, will enable more households to benefit from the operation.

Prev:Yiwu Commodity exports in June continued to enlarge   Next:Yiwu Train Station busy