Source: Yiwu sourcing agent Author: Gary Date: 2008-05-12
From October of 2006 till now,"Yiwu index" has been announced for 32 issues in the form of weekly price index and 9 issues in the forms of prosperity index and monthly price index. Since the customers cover the whole world, the releasing ways of "Yiwu Index" are being broadened. Since this year, "Yiwu Index" has been announced to the whole world by Phoenix TV. Later on,"Yiwu Index" will be broadcast on more channels at home.
Qi Yongbiao, a proprietor in Yiwu international Trade City, can be called a fan of "Yiwu Index". He has been collectin"Yiwu Index" publised in Yiwu Business on every Tuesday and the 1st day of every month since the day" Yiwu Index " was announced He took out a thick pile of "Yiwu Index" newspaper collections and said that they were his business guide.
Another advantage that"Yiwu Index" brings to Qi is that he can learn about the market of other more than 100 products in Yiwu market while sitting in his own booth.
The raw data of "Yiwu Index" mainly come from the business units in Yiwu market. The index office analyses the statistics collected by hundreds of information collectors in different markets and then releases the price index on Tuesday and the prosperity index on the firsty day of every month. At the end of 2006, the Ministry of Commerce annouced "Yiwu Index" in the program of "Business Weather Report" in its website officially. Now, every purchaser can do business with dealers while watching "Yiwu Index" displayed on the big screen in the markets.
"Yiwu index is equally important to businessmen from other places. One who knows 'Yiwu index' masters the first information of the products," said Chen Jingping, a toys dealer from Guangzhou. He avoided losing money by paying attention to "Yiwu Index" this year.
Sources from "Yiwu Index" office say that the Ministry of Commerce has decided to increase the number of media to announce "Yiwu Index" the latter half of this year, so to make it accessible to more manufacturers and purchasers who need price information at earliest time possible.
Prev:Media home and abroad focus on Yiwu Next:E-Commerce,Market Dealers'Springboard for Foreign Trade