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Yiwu Market Turnover Increased Steadily, Services Improving

Source: Yiwu sourcing agent    Author: Helan      Date: 2011-12-31

Yiwu market is the leader of Yiwu economic and social development, Yiwu sticks to the principle of expand, innovate and enhance in construction and development in the marke. 5 years, Yiwu continue to build a broad market platform to explore the extension of markets, build international trade channels, leading Yiwu market in the "buy global sell global" goal.

Expansion within the outer market, market transactions in Steady growth

In the 5 years, the city's bazaars and markets of China Commodity City has been in a solid growth turnover rising channel. Since 2007, China Commodity City continued to fresh its record of full-year turnover, and always keeping a good momentum of growth. In 2010, China Commodity City turnover the first time exceeded 45 billion yuan, 45.606 billion yuan turnover grew 10.8 percent, the highest growth in market turnover in the last 10 years, the best result for 20 consecutive years ranked top domestic integrated market .
The steady growth of Yiwu market turnover is own to the city's efforts inside and outside the market.
Yiwu China Commodity Trade Market Around the docking activities, the Yiwu market dealers to build an effective domestic trading platform.
In Domestic trade, in 2009, 1000 Jiangsu Nantong buyers come to Yiwu, set up economic and trade exchanges in Yiwu and Nantong markets platform. In the same year, in the China Commodity City the three-day Yiwu market trade Matchmaking Miles Chongqing meeting, received a total of nearly 7 million people, signed purchase agreements 11 319 pen. Last year, the "Yiwu market Miles walk" starting again, go north to Shenyang Wu Ai Market, 3 days, about 40,000 customers and the public meeting to discuss purchase, signed purchase agreement intent 1430.
Foreign trade, in 2009, the first exhibition in Dubai Yiwu China Commodity Fair held at the Dubai World Trade Centre, 143 exhibiting companies, three days exhibition the amount of 236 million yuan. In 2010, Yiwu Fair Exhibition Centre in Mumbai India Show held at Dubai Fair. This is the second exhibition after another exhibition held abroad, marking the outside Yiwu exhibition industry to further expand the exhibition area.

"Carrot and stick" Improving services
2010 international goods market sounded the horn, the international production base construction market is the market development from a single lateral extension to the horizontal, vertical joint extending a major change. 5 years, the International Trade City, Huangyuan clothing market and other new generation market has been put into use; Yiwu International Trade City Hall opened in five areas of imported goods, Yiwu market is to achieve "buy the world's sell global" an important measure to enhance functionality.
The city is still enhance its market service soft power innovation attempt. Not only launched the China Commodity City trade credit insurance, but also implemented the "Commodity Classification and Code" industry standard, commodity trading industry fill the domestic blank field of classification. In 2009, the Group set up by the Mall of Yiwu Small Business Loans Limited Hui opened the following year, "China Commodity City," the Foreign Currency Exchange Co., Ltd. officially opened, becoming the first Zhejiang Province, the State Administration of Foreign Exchange approved the operation of the Foreign currency exchange franchise pilot units.



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