The 15 years’ development history of Yiwu market is also a glory history of Zhejiang China Commodities City Group. The group held a concert to commemorate its 15th anniversary on yesterday evening.
The group has invested over 6 billion Yuan to build Yiwu markets in a time span of 15 years. The construction of Huangyuan Market, Binwang Market and International Trade Mart makes Yiwu city has a market capacity of 560,000 booths. YiwuChinaCommodityCity was honored “World’s Largest Wholesale Market of Small Commodities” by the United Nations and World Bank.
At present, Yiwu has more than 10,000 resident foreign buyers and 2000 foreign export agencies. Above 60% of the trade volume of Yiwu market is for export. According to the latest statistics unveiled earlier this month, the export volume of Yiwu market had reached 500,000 containers.
Yiwu International Trade Mart, as a national 4A scenic spot, attracts 5 million tourists every year. Benefited from abundant market resources, Yiwu’s exhibition industry has gained rapid development in recent years. The city’s leading trade show, Yiwu Fair, has become one of the largest exhibitions in China.
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