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Yiwu International Market
Yiwu International Market is located in Yiwu, Zhejiang, an eastern coastal province in China. It’s the leading wholesale market in Yiwu, Zhejiang, hence it’s named. If you’re going to be shopping at Yiwu International Market, there’s a high chance you’d need to do it over a few days. So here are some hotels and restaurants around the market to make things easier for you.
ITS INTERNATIONAL MARKET (YIWU MARKET)
China is fast becoming the biggest market in the world, with Guangzhou and Shenzhen being its most popular markets.
Most suppliers would always look to these markets whenever they want to do business in China ignoring China’s biggest wholesale market; the Yiwu Market.
The Yiwu Market is the biggest for wholesale when it comes to buying quality that won’t put a hole in your pocket.
If you are not very experienced with China, checking it up online might provide you with little solace as to what to expect in terms of quality at the Yiwu Market.
Here are a few things you should know before your next trip to China, that would convince you that the Yiwu International Market is the place for you.
Lots of Individual Business
Majority of the booths at the market are owned and controlled by individuals while few are managed by trading companies.
These trading factories have factories who have as much as ten (10) to a thousand (1000) workers and these trading companies also have booths.
These booths provide you with extremely cheap products with high-quality goods if you don’t plan on buying in bulk from the factory.
Largest Wholesale Market
The Yiwu International Market is the world’s biggest wholesale market in the world currently.
Given its size, it deals in various products of all shapes and sizes, from hardware to jewelry. The market is measured at a length of 7 kilometers.
It’s a home to over fourteen thousand (14,000) foreign businessmen from over hundred (100) countries around the world.
The Yiwu international market is known to be more than just a market because it has over seventy thousand (70,000) booths, all showcasing different products, therefore, adding beauty and glamour to the market.
Considering its size another thing that makes the Yiwu Market exceptional, is the fact it’s opened all year round, with the exclusion of the spring break.
Home of Christmas
At the Yiwu International Market, you would find some of the most impressive Christmas decorations and everything else that makes Christmas fun and enjoyable, from plastic mistletoe, wreaths, miniature trees and more.
Most persons have a notion that goods from China are substandard more so goods from Yiwu International Market, but this is totally false.
Again they say the products are fake because they are made in Yiwu but that’s totally untrue, as lots of trading companies from around the world bring their goods to sell at the Yiwu International Market.
Just to be very clear, one of the top three exporting countries from the Yiwu International Market is the United States of America (U.S.A).
The Yiwu International Market is a big and reliable market but you have to remember, not everything can be bought from the Yiwu International Market.
Like stated earlier, stuffs like hardware and jewelry are among the things you can get at the market.
If you are looking for clothes and foodstuffs, searching for them would not be a very smart choice at the Yiwu International Market.
Yiwu has no port of its own but ports like Ningbo port, which is two hundred kilometers (200km) away serves to ship goods in and out.
Ningbo has no market and so it is heavily reliant on the Yiwu International Market. The Yiwu International Market also supplies Shenzhen and Guangzhou.
The Yiwu International Market is setting a new standard in wholesale products. The market is growing by the day with over Forty thousand (40,000) visitors daily.
So, when next you come to China for business look towards the little town in China and be rest assured that the Yiwu Market would supply you with both cheap and quality products.