2008 was a year devoted to the in novation and upgrade of enterprises as well as the improvement of product’s quality in an all-round way. Statistics show that about 85% of booths in the commodities market had new products and the market trade was vigorous in 2008.
Commodities distribution centers were set up all over the countryby the China Commodity City Group to promote the domestic trade . Up to now , a distribution network for commodities has been set up in 7 provinces and cities, such as Heilongjiang,Sichuan and He’nan , and over 200 deals have been made on this network byover 1,000 suppliers in Yiwu market .
Bybenefiting from the policy o f booth pledgeloans, many dealers’ financial difficultywas relieved0. From last May, 11 financial agencies signed cooperative agreements with the China Commodities CityGroup on providing the service of booth pledge loans, including Zhejiang Chouzhou Commercial bank,Agricultural Bank of China and China ZheShang Bank . Up to December 23,2008,2,293 deals of loans had been made, amounting to 1. 25 billion yuan .

