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TRADING / Yiwu International Trade City

Yiwu International Trade City

 

Yiwu city is located in the central area of Zhejiang province with a total land area of 1,105 square kilometers. It is 300km southwest of Shanghai (2:15 hours' ride by expressway), and 120km south from Hangzhou (1 hour's ride by expressway) and 1.5 hours' to Ningbo. (The whole city governs 8 towns and 5 subdistricts, has a population of 670,000 registered as local domiciliary and 600,000 as external temporary. Yiwu has a long history. It was in the 25th of Ying Zheng of Qin Dynasty (B.C. 222), was in Wushang County, in the 7th of Wu De of Tang Dynasty (A.D. 624), and was changed as Yiwu, in 1998, when it was established as a City.)

 

About China, Yiwu International fair and Yiwu Market

 

China Yiwu International Commodities Fair is sponsored by the Ministry of Commerce PRC, and the People's government of Zhejiang province etc. jointly. Due to its distinct features, prominent internationalization, convenient information access, perfect services system as well as sound security and sanitation, Yiwu Fair ranks as the second best fair (the first being Canton Fair). It is the biggest and the most efficient fair of general merchandise in China. More than 15,000 foreign traders from 150 countries & regions, and more than 80 trading and purchase groups and 20 trans-national purchase groups attend Yiwu Fair. Yiwu fair is held every year in October.

 

The Market of Yiwu is in fact composed of a succession of several markets spread over the city. There are about twenty markets, some of which are gathered in the same building. Here are listed the main markets: Arts and crafts market (gifts made of glass/wood/metal, 3D crystal items, beads, Christmas products, and other decoration items) Gardening market, Umbrellas market, Artificial flowers market, Stationery market (ball pens, fountain pens, advertising pens, pencils, erasers, pen boxes, files, and all kinds of stationeries), Sport and other leisure (fishing, music,...) markets, Clocks and watches market, Eyeglasses and sunglasses market, Kitchen and bathroom hardware market (plastic market), Toys market, Candles market, Cosmetic market, Fashion jewellery market (rings, earrings, necklaces, hairpins, bracelets, ankle bracelets, toe rings, tattoos, artificial locks, wigs, all types of ornaments...), Mobile phones accessories market (mobile phones boxes, parts, cordons, ornaments,...), Small home appliances/ small electronic products market, Bags and leather products market (bags, belts, wallets, purses,...), Shoes market, Tissue, cloths market, Socks market.

 

Yiwu succeeded in attracting many Chinese companies and factories (from Beijing to Guangzhou, including Shanghai and the neighbouring regions, which are the most active from an economic point of view so many factories come here to set showrooms) and then it became the biggest small commodities export centre. Many foreign purchasers come to Yiwu to buy goods, which makes Yiwu Market become more and more competitive.

 

Why do more and more foreign buyers come to Yiwu?

 

  • Because Yiwu is the largest general merchandise trade city in China where approx 400,000 kinds of products are displayed. Yiwu China Small Commodities City Market (total area: 2,600,000 square meters) is open all year round. It is like the biggest everyday fair in the world and called "a sea of commodities and a paradise for suppliers".
  • Because the market accepts small quantity orders; if required, one container can include lots of items (from different suppliers).
  • Because all prices in the market are original prices from the factories.
  • Because there is a very large quantity of products available. You do not have to wait for a long time or face unnecessary delays in obtaining products or samples.
  • Because Yiwu provides you with multiple shipping choices. (You can ship a whole container or partial container load).

 

Authority concludes Yiwu Market will be the centre of international trade of commodities.

 

 

TRADING / Guangzhou, Canton Fair

Guangzhou, Canton Fair

 

Guangzhou is the capital and a sub-provincial city of Guangdong Province in the southern part of the People's Republic of China. The city is also known by an alternative English name, Canton. It is a port on the Pearl River, navigable to the South China Sea, and is located about 120 km (75 miles) northwest of Hong Kong. As of the 2000 census, the city has a population of 6 million, and a metropolitan population of roughly 8.5 million (though some estimates are as high as 12.6 million) making it the most populous city in the province and the third most populous metropolitan area in mainland China.

 

The first known city built at the site of Guangzhou was Panyu founded in 214 BC. Although the Chinese name of Guangzhou replaced Panyu as the name of the walled city, Panyu was still the name of the area surrounding the walled city until the end of Qing era.

 

China Import and Export Fair, also called Canton Fair, is held twice a year in Spring and Autumn since it was inaugurated in the Spring of 1957. It is China's largest trade fair of the highest level, of the most complete varieties and of the largest attendance and business turnover. Preserving its traditions, the Fair is a comprehensive and multi-functional event of international importance.

 

The Fair leans to export trade, though import business is also done here. Apart from the above-mentioned, various types of business activities such as economic and technical cooperations and exchanges, commodity inspection, insurance, transportation, advertising, consultation, etc. are also carried out in flexible ways. Business people from all over the world are gathering in Guangzhou, exchanging business information and developing friendship.

Canton Fair Date (every year)

Canton Fair Major Categories

 

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