Yiwu Introduction

1 Yiwu Location

　　Yiwu is situated in the center of Zhejiang Province, connected Guangdong and Fujian on the south, and Shanghai on the north. It is 300 km to Shanghai and 120 km to Hangzhou, the capital of Zhejiang. Transportation is convenient with highway and railway connecting most big and medium-sized cities. Over 20 airlines have been opened to big cities like Beijing, Hongkong, Guangzhou, etc.

2 Yiwu Weather

　　Located in the subtropical monsoon climate zone, Yiwu has four distinct seasons, enjoying mild and humid climate, with annual average temperature 17℃. The highest temperature hits in July, with an average of 29.3℃, and the lowest in January, with an average of 4.2℃.

3 Yiwu Districts

　　Yiwu covers a total area of 1,105 square kilometers, with altogether 7 boroughs and 6 towns under its jurisdiction.

4 Yiwu Economic Achievements

　　In 2007, Yiwu registered RMB 42 billion yuan in gross local product, an increase of 15.7% over the last year. Urban residents’ disposable income reached RMB 25,007 yuan per head, and that of rural dwellers’ net income, RMB 10,255 yuan. Deposit balance in financial institutions reached RMB 85.56 billion yuan.
　　At present, Yiwu’s market has an area of 2.6 million square meters, which accommodates 58,000 booths, selling over 400,000 plus goods. Trade volume of Yiwu market has been topping all large specialized markets in China for 17 successive years. Goods are exported to 215 countries and regions across the world. Among the top twenty ocean-shipping groups, twelve have set up branch offices here. One-stop clearance has been realized in Yiwu Customs. Yiwu International Logistic Center has become an important inland port for Shanghai and Ningbo port.
　　International Trade Mart, the main body of Yiwu market, is the world’s largest single market with a total area of 2.54 million square meters. Central air conditioner, broad band and telephones are equipped, and autos can go directly to upper floors.
　　The world’s first wholesale index of daily necessities—“The Yiwu china Commodity Index”, compiled by the Ministry of Commerce, is released every week, which contributes to the influence of Yiwu’s status on the pricing of the world’s markets of small merchandise.
　　The development of Yiwu’s markets has contributed to the development of many distinct industrial segments in the middle of Zhejiang, thus forming a trans-regional “Yiwu Economic Circle”. As a result, Yiwu has been subsequently awarded the titles of “China’s Zipper Production Base”, “China’s Pen-producing Industrial and Trade Base”, “China’s Cosmetic Industrial Base”, “China’s City of Stock Industry”, “China’s Famous City of Seamless Sewing Clothing”, “China’s Industrial and Trade Base of Handicraft Presents”, and “China’s Capital of Popular Accessories”. In 2007, Yiwu realized RMB43.3 billion yuan in terms of scaled industrial gross production value, an increase of 27.2%.

This news is choosed by Yiwu International Trade Co.,Ltd.: