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ITTYCIYFTFYOOCFCUOUSCSUS Yiwu, China
Located in central Zhejiang province, Yiwu is 120 km away from Hangzhou,
the provincial capital city. The city covers an area of 1,105 km2, out of which 103
km2 is central urban district. The local registered residents amount to 776,000 while
1.243 million are registered outsiders.
Local GDP grew at a rate of 9.0% to 104.6 billion RMB in 2015. Budgetary fiscal
revenue recorded 12.83 billion RMB, out of which 7.93 billion RMB was local fiscal
revenue, representing year-on-year growth rates of 4.6% and 8.0% respectively.
Total import and export volume rose by 41.5% against last year to $34.22 billion.
Completed investment in fixed assets amounted to 51.22 billion RMB, a growth
rate of 16.9%. Rural resident’s disposable income and urban per-capital disposable
income increased by 9.5% and 9.0% up to 28,433 and 56,586 RMB respectively.
Year-end balance of deposit and loans at the local financial institutions stood at
244.5 billion and 209.5 billion separately. Ratio between three industries was
2.0:36.1:61.9.
World’s Capital of Small Commodities
Accredited as the global largest wholesale market for small commodities
by authoritative organizations like the UN and Word Bank, Yiwu market
covers a total area of 6.4 million km2 with 75,000 stands and shops selling
more than 1.8 million commodities of 26 categories. Over 65% of the
commodities are exported to 210 countries and regions. Each year the
markets receive 500,000 foreign buyers in addition to 13,000 overseas
purchasers from 100 countries and regions who are based in the city.
More than 20 multinational giant retailers such as Walmart and Metro
and over 20 Chinese chain supermarkets are resident buyers here.
Yiwu is home to 5,300 foreign agencies, out of which 2,200 are joint
ventures, accounting for 75% of the national total.
In the meanwhile, the 100,000 km2 Imported Commodities
Mall, which is based in the International Trade Mart, has
accumulatively introduced 77,000 foreign commodities from
more than 100 countries and regions. The exhibition centers
for products from African and ASEAN countries are also built.
Import of daily consumption goods grew by 105% in 2015.
President Xi Jinping praised Yiwu as the World’s Capital of
Small Commodities during his visit to Africa.
Starting Point of New Silk Road
Situated at a strategic point of the National “Belt and
Road” Initiative, Yiwu is expected to serve as a major path
for international trade and flow of commodities. The
Yiwu-Xinjiang-Europe CHINA RAILWAY Express that
New City Landmark
Located in central Zhejiang province, Yiwu is 120 km away from Hangzhou,
the provincial capital city. The city covers an area of 1,105 km2, out of which 103
km2 is central urban district. The local registered residents amount to 776,000 while
1.243 million are registered outsiders.
Local GDP grew at a rate of 9.0% to 104.6 billion RMB in 2015. Budgetary fiscal
revenue recorded 12.83 billion RMB, out of which 7.93 billion RMB was local fiscal
revenue, representing year-on-year growth rates of 4.6% and 8.0% respectively.
Total import and export volume rose by 41.5% against last year to $34.22 billion.
Completed investment in fixed assets amounted to 51.22 billion RMB, a growth
rate of 16.9%. Rural resident’s disposable income and urban per-capital disposable
income increased by 9.5% and 9.0% up to 28,433 and 56,586 RMB respectively.
Year-end balance of deposit and loans at the local financial institutions stood at
244.5 billion and 209.5 billion separately. Ratio between three industries was
2.0:36.1:61.9.
World’s Capital of Small Commodities
Accredited as the global largest wholesale market for small commodities
by authoritative organizations like the UN and Word Bank, Yiwu market
covers a total area of 6.4 million km2 with 75,000 stands and shops selling
more than 1.8 million commodities of 26 categories. Over 65% of the
commodities are exported to 210 countries and regions. Each year the
markets receive 500,000 foreign buyers in addition to 13,000 overseas
purchasers from 100 countries and regions who are based in the city.
More than 20 multinational giant retailers such as Walmart and Metro
and over 20 Chinese chain supermarkets are resident buyers here.
Yiwu is home to 5,300 foreign agencies, out of which 2,200 are joint
ventures, accounting for 75% of the national total.
In the meanwhile, the 100,000 km2 Imported Commodities
Mall, which is based in the International Trade Mart, has
accumulatively introduced 77,000 foreign commodities from
more than 100 countries and regions. The exhibition centers
for products from African and ASEAN countries are also built.
Import of daily consumption goods grew by 105% in 2015.
President Xi Jinping praised Yiwu as the World’s Capital of
Small Commodities during his visit to Africa.
Starting Point of New Silk Road
Situated at a strategic point of the National “Belt and
Road” Initiative, Yiwu is expected to serve as a major path
for international trade and flow of commodities. The
Yiwu-Xinjiang-Europe CHINA RAILWAY Express that
New City Landmark
