Source: Yiwu sourcing agent Author: Yama Date: 2007-11-26
Sources say that there have been 1,288 foreign enterprises from over 100 countries and regions setting up their offices in Yiwu, making Yiwu the leading city among China's county-level cities in terms of the number of foreign establishments. It is said that the first foreign office in Yiwu was set up in April, 2002 by a Palestinian trade company. And with the growing reputation of Yiwu around the world, the number of permanent offices of foreign countries has been increasing rapidly.
In March of this year, the representative office of Darcono Brothers Co., Ltd was established by Darcono from Mali, Africa , who became the 1000th foreign offices in Yiwu. Since then, Yiwu has become the first city with over 1000 resident offices of foreign enterprises in Zhejiang Province, and the number is still growing with Yiwu more and more known around the world. And among China's county-level cities, Yiwu is the one who boasts the largest number of foreign offices.
Initially, most foreign offices were set up by companies in the Middle East and Africa. But since 2004, there have been more and more offices set up by businessmen from Europe, America, Japan, Korea and other develped countries, accounting for 17.6% of the total today.