Source: Yiwu sourcing agent Author: Date: 2008-11-05
Professional visitors were still enthusiastic about 2008 Yiwu Fair with 16107 foreign purchasers visiting the fair and 62.3% of the total turnover resulting from foreign trade . Yiwu market is still the market attracting world purchasers, so the world economic recession proved to be an opportunity for Yiwu market .
Foreign purchasers are enthusiastic about coming to Yiwu Zakharr,one of the purchasers from Ukraine, is negotiating with a photo frame exhibitor in the fine products hall of Yiwu fair on the afternoon of October 22 . Zakharr is a wholesaler of photo frames, stationery and sporting items in Ukraine, whose products are mainly from China and most of which from Yiwu . This is the third time for him to Yiwu Fair to purchase goods. Daily-used commodities of fine quality and low price suit well for the consuming demand under the situation of financial crisis . Thus, Zakharr thinks he will increase his purchasing in Yiwu in future .
Rachid Monzer,a purchaser from Lebanon, came to Yiwu after he visited Canton Fair . It's the first time for him to Yiwu Fair for his purchasing . Rachid Monzer thinks commodities in Yiwu Fair are unique compared with those in Canton Fair and most of the goods are necessities for Lebanon people's daily life .
The commodities of high quality and reasonable price will be popular in Lebanon . During the two days of his stay in Yiwu, he
placed the order for two containers of gift items of arts & crafts.
Related department of 2008 Yiwu Fair says that in spite of the depression of world economy, the actual effect of this fair
is beyond expectation with the turn over of foreign trade reaching 949 million dollars within the five-day fair, only down by 3.2% compared with the fair of last year. The foreign trade turnover is 63. 2% of the total turnover of this fair .
105198 domestic and foreign professional purchasers from 167 countries and regions visited the fair,among whom 16107 are
foreign purchasers,a decrease of 5 .3% compared with the fair of last year . Nevertheless, 27% of the foreign purchasers are from Europe and America, an increase of 4% compared with last fair .
Yiwu commodities in continuous pursuit ofinnovation After over 20 years' development, Yiwu market provides so many new styles of commodities for customers with reasonable prices, which makes it more popular in the world . One can get a good impression from the rate (60%) of foreign trade export in the whole market . Under the guide of the local government,Yiwu enterprises
have formed a good habit to innovate initially, and some technological ones have become an important force to the growth of
industrial economy in Yiwu. According to incomplete statistics, 85% of the booths in the market have newly-added commodities .
During the 2008 Yiwu Fair, Yangcongtou Stationery Company got orders totaling 10 million yuan in value with its newly-developed commodities . At the same time,Yiwu enterprises actively expand the international market . From January to September, Jinhua Customs received from Yiwu 212,500 declarations of commodities export and 404,400 standard containers, up 26 . 52% and 28 .38% respectively over the same period of last year . From September, the number of export containers increased remarkably compared with the previous two months, and the goods destinations took on a diverse look .
Despite the global financial crisis, the increasing rate of foreign purchasers from Europe and America to this Yiwu Fair
indicates that Yiwu commodities have unique advantages and are favorable to the present consuming demands in the European
and American markets . Meanwhile, the purchase quantity grows strikingly in some emerging markets like India,Russia, Brazil and Africa .
The rising popularity of Yiwu in the world attracts more and more purchasing companies to settle in Yiwu . By the end of
September,Yiwu had had about 1,900 representative offices from 83countries and regions, a net increase of more than 440,which
makes 2008 the year with highest increase rate.
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