Source: Yiwu sourcing agent Author: Helan Date: 2008-03-20
The Forbes charts of Best Commercial Cities in China’s Mainland have been published on September 7 in Hangzhou . Yiwu is again on the list and has climbed 14 places to No. 46 compared with last year . It takes the third place among all county-level cities on the list.
The first Forbes charts of Best Commercial Cities in China’s Mainland were published in 2004,and in each year that followed new charts were published . Each time Yiwu was on the list ( No. 70 in 2004 ,No.50 in 2005 ,No. 60 in 2006 ,No . 46 in 2007) . The Forbes charts of Best Commercial Cities in China’s Mainland study 656 cities in China’s mainland and are published after basic data collecting and research . The main study indicators include labor quality index, high-level talent index, operating cost index, market scale index, market potential index, passenger transport index, cargo transport index and capital vitality index. The publication of former Forbes charts of Best Commercial Cities in China’s Mainland has had a significant social impact in that the data helped oversea and domestic investors reevaluate their location choices for investment in China’s mainland, and as well urged Chinese cities to properly assess and orient themselves and improve their invest environment.
Of the 8 indexes for selecting “Best Commercial Cities in China’s Mainland”, market scale index, operating cost index and passenger transport index are the three indexes in terms of which Yiwu ranks high, fifth, fifty-seventh and fifty-third respectively among the 656 cities. These rankings make positive estimation on commercial environment, current development status and market potential of Yiwu . The higher and higher international popularity also shows that Yiwu has already been “A Sea of Commodities, A Paradise for Shoppers” in the minds of domestic and oversea dealers, and also an ideal location for the development of private economy.
Although the Forbes charts of Best Commercial Cities in China’s Mainland are only for reference, they gives Yiwu a lot of enlightenments for better development. Analysis of various indicators shows that Yiwu has already taken the leading place domestically in terms of market scale, and will gain two brand-new competitive advantages in the future in terms of the low operating cost and strong economic vitality, and to further its development the city should also make effort in improve the quality of labor force and enlarging the number of talents. Some professionals point out that to gain a fully improved comprehensive strength, Yiwu should adapt itself to the changing economic environment as well as the development of other regions and cities. Yiwu should continue to create favorable developing environment without stop and improve sustainable ability of economic and social development by improving the quality of labor force and importing more talents.
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