Yiwu markets

Yiwu market now boasts a total area of 6.2 million meters with more than 58,000 booths, and a population of business operators over 200 thousands. The trade volume of Yiwu market ranks the fist top position among all the large distribution market in China for 16 successive years, has become the largest distribution center, demonstration center and price-publish center for daily-use commodities in the world, and an important base for sourcing and export.
Yiwu has built up business relationship with 212 countries and regions across the world. More than 8,000 foreign businessmen from over 100 counties and regions reside in Yiwu for sourcing and purchasing commodities. Overseas enterprises have set up more than 939 representative agencies in Yiwu, opened more than 8,400 bank accounts. Yiwu market has become an important sourcing base for overseas buyers. In 2006, Over 1,000 standard containers are exported from Yiwu each day. Annual export volume of more than 420,000 containers makes Yiwu Customs the largest inland customs house.

Yiwu Market gather over 400,000 commodities of 1,900 categories in 43 industries.( According to the figures of UN Trade and Development Organization, there are 500,000 kinds of commodities in the world, and over 80% of them can be found in Yiwu market.) Both domestic and foreign trade can make an one-stop purchasing in Yiwu Market. The Ministry of Foreign Affairs, UNHCR, Carrefour and other purchase groups have set up their purchasing information center in Yiwu.

Yiwu market now divide into 4 parts: Huangyuan market(the old market), Binwang Markets, International Trade City(also named futian market---the main market), The Specialized Street(Different classes of items distributing in different streets in Yiwu).

With the completing building for the projects as the 3rd Phase of International Trade City(futian market), the supplier will be prepared for the move of old market into 3rd Phase of futian market.
Then the more markets will be centralized into futian market and more convenient for customers'sourcing works.