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Yiwu develops import market by stressing"global purchasing"-

Source: Yiwu sourcing agent    Author:       Date: 2009-08-11

As an important platform for selling Chinese products to the global market, Yiwu China Commodities City uses reverse thinking, cultivates the import market and tries to make it a platform for "global purchasing" as well as "global selling" .Sofar, the Imported Commod ities Hall in the International Trade Mart (ITM), which started its business less than one year ago, has already become one of the leading distribution centers of imported goods in China .

It is learned that by the end of June, 2009, the Imported Commodities Hall, which was set up only 8 months ago, has introduced 32 foreign busness entities to exhibit and sell 23, 000 kinds of goods from 44 countries and regions, including Japan, Brazil, Italy, Thailand and Vietnam. These commodities cover over 10 categories, such as daily necessities, handicrafts, foods (including wines), garments, shoes & hats, textiles, and fitness equipments . And most of them enter Chinese market for the first time .

Shao Dong, manager of the Third Branch Company of ITM, introduced that by using current sales platforms and channels in Yiwu, those foreign dealers would expand the domestic market with Yiwu as the center, or sell their goods to other countries and regions by transit trade .
According to incomplete statistics, by the end of June, the business entities of Imported Commodities Hall have developed 474 wholesalers and agencies and the sales volume has reached 19.46 million yuan. The Imported Commodities Hall has already achieved an initial success .

Shao said that in order to develop the Imported Commodities Hall, Zhejiang China Commodities City Group Co ., Ltd will invite investment with greater efforts . At present, CCC Group has already provided many supportive and preferential policies for those business entities . The exempted rent alone has reached nearly 10 million yuan. It is learned that the foreign trade reliance of Yiwu market has exceeded 65%, the resident foreign purchasers have exceeded 10, 000 and the offices of foreign enterprises have exceeded 2, 500 . Nearly 2,000 standard containers are sold to 215 countries and regions every day . Many foreign enterprises sell their products to the world market with the help from the platform of Yiwu ITM.



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