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Yiwu businessmen doing well under crisis

Source: Yiwu sourcing agent    Author:       Date: 2009-06-14

U.S. businessmen Jesin  to Yiwu every two months on the first head of procurement, he said that in May the volume of procurement chain increased by 30%.

     Jiang Zhongyi, chief reporter text / photo

     Alice for a while Yiwu index "tail" after the beginning of May and down slightly. "Although we can not determine now, Yiwu has been out of the bottom, it can be said in the financial crisis, performed pretty well." Yesterday, the Yiwu index said.

     Yiwu enterprises need to move forward quickly in

     Zhejiang middle-and high-power, general manager of the hands of the country first and always holds a pile of tender.

     "These successful projects are Iran, Angola, Sri Lanka and other countries of the China-aided projects. Which light of a project, we will earn back 1.24 million U.S. dollars." Said the country first.

     Zhejiang is a high-power engine specializing in the production of business equipment. Second half of last year, it has been the impact of financial crisis. States first said: "a direct impact on some of the default orders increased, a number of customers to pay a deposit for the delay in delivery to us, the last on the call or send text messages that the goods had not."

     Faced with this phenomenon, in a timely adjustment of the high-thinking companies to target customers of the location from the previous low-end customers in the high-rise to high-end households. Since then, the company on a regular basis to provide customers with these high-end design, to obtain the trust of customers.

     These high-end customers are the central ministries and commissions under the State enterprises or institutions. Country first said, competition with them are equipped with world-class giants, such as the United States, Caterpillar, Cummins, etc., but ultimately their companies to overcome them. In May this year, the company's sales picked up significantly over last year increased by 40%.

     Yiwu stick knitting kit is a specialized enterprise producing seamless underwear. Yesterday, Jian-Wei Tao Company executives also said: "Before the crisis, we have been through the development of new products and emerging markets, traditional markets in Europe and the United States to stabilize at the same time, proceed in the Middle East, South America and other countries and domestic market development . crisis, the market sales have increased, especially in the domestic market, compared with the same period last year increased by 50%. "

     "High" and "stick-kit" is a crisis in Yiwu enterprises "in the need to move forward faster," a microcosm. Yiwu City, the Secretary for Economic Development in Southern Jia said that Yiwu is the largest small commodity distributing center, signs of trouble around the world will affect Yiwu. However, due to see things early, measure, strength, and coupled with the unique advantage of the market and enterprises operating their own flexible capacity, Yiwu, the vast majority of enterprises in the financial crisis firmer footing, the sales of many companies are to maintain the growth of more than 20%.

     Of goods in line with the tastes of the global market

     Yiwu index in the office, the relevant personnel with a set of such data: 1-5 this year, month, Yiwu commodity market liquidity index, liquidity index rose by more than Central 4.47 points, 3.37 points; May effectiveness index rose by 16.88 %.

     "This shows that Yiwu market, commodities and cash flow are up, commodity structure more reasonable, in line with the tastes of the global market. This Yiwu market with new products to update the." Yiwu index of the Office of the relevant responsible person said.

     Yiwu International Mall yesterday in F Area, Ye Gang bit of business, the printed cherry Arab apparatus and printed with text display apparatus. He said that these are new export products are popular sold did well.

     "Now foreign investors could hang a sharp vision, and each time asked to have the new products. Compared with the old product, these new products, faster turnaround time of about 2-3 days." Ye Gang said.

     A fact also confirmed that Ye Gang operating households. Due to financial crisis, the foreign merchants resident Yiwu was 10,000 from the ordinary people, down to the end of last year more than 6,000 people. However, after the Chinese New Year this year, foreign businessmen began to return. Almost every day, in the Shanghai Pudong by the bus bound for Yiwu and Yiwu Guangzhou to fly the flight, more than half of foreigners; in May this year, the flow of foreign guests increased by 33.66% year-on-year.

     Sophie in Yiwu, a star as the lobby of the hotel manager. She said: "with the same period last year, foreigners who come to Yiwu from Europe and the United States has decreased, but Southeast Asia is an increase in the number of guests."

     Extended reading

     Yiwu: the birthplace of trade in the new world order?

     "The pursuit of business interests are often paramount. Crisis has stimulated the search for global opportunities for buyers of courage, they will naturally have this kind of change in the development of Yiwu role, because some buyers may be to bypass the middlemen to procure directly to Yiwu, Yiwu and around the world will become more and more open trade. "Yesterday, the Yiwu index office staff said.

     Yiwu market should be said of this change began a few years ago.

     Scottish study, senior China economist BeiZhe Yiwu people came to visit on several occasions. He has just created a new "New Silk Road --- the emergence of a growing alienation of the Arab world how to re-found Western China."

     To be published in this book, BeiZhe people to see because of the existence of Yiwu, trade has quietly formed a new world order. Yiwu and Brazil in the night market or open-air market in Yemen is one thing to be linking this kind of thing is the Yiwu small commodity.

     The rise of China is becoming the economic power of the current one. First quarter of this year, a number of countries in Europe and America are in a negative GDP growth rate, China also has a 6.1% growth. Yiwu is the place and people beyond imagination, the realization of the first quarter of the market turnover of 14.2 percent year-on-year growth.

     Leo Lewis is a British "Times" reporter. June 8, he was described in a tone of surprise, he felt all the Yiwu: Yiwu index when the real increase is more robust, its trajectory will describe China's global growth. The same can be used to describe China's rise as a geo-political trajectory. Yiwu and its customers, as well as an alarming number of goods carried by far more than the outside world views it now, it is the birthplace of the new world order of trade.



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