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Yiwu shifts from domestic to global buying&selling

Source: Yiwu sourcing agent    Author:       Date: 2009-09-29

As an important platform for China-made goods to reach the world, Yiwu International Trade Mart set up export goods hall to realize the improvement from buying and selling within China to within the world .
Yiwu, known as the Global Supermarket, has over 10, 000 foreign resident purchasers and more than 2, 500 offices of foreign enterprises, which sells about 2, 000 standard containers of goods to 215 countries and regions every day . The export-oriented degree of Yiwu has surpassed 60%, and Yiwu market has become a key platform for China-made commodities to enter the global market .
Because of the fast development of China's economy and the steady appreciation of RMB in recent years, the trade policy has turned from "Encourage Export and Limit Import" to "Balance the Export and Import" , which encourages import in some sense . Especially in this special period, the shrink of European and American markets makes Yiwu commodities difficult to goout, and meanwhile, foreign goods are expecting to come in.
Under such circumstances, Yiwu started doing wholesale business of imported goods and set up the imported goods hall in October, 2008 .
It is learned that the Import Commodities Hall covers 50, 000 square meters with an operation area of 20, 000 square meters . Nowin the hall, there are about 23, 000 kinds of commodities from 10 categories including articles for daily use, arts & crafts, and sports & fitness equipments . The commodities mainly come from 47 countries such as Japan, South Korea and Spain.
Incomplete statistics showthat by the end of August , the hall has attracted over 400 wholesalers and agents to settle down, and they have accomplished a sales value of near 20
million yuan. The overall effect has shown up, and they initially present the picture of the city's global buying and selling . From Xinhuanet



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