Yiwu is the largest market city in the world. yiwu city in china and its wholesale markets yiwu city in china

Yiwu (or - yiwu) is located in the southeast of Zhejiang province, in China. It is a booming trading city. In the past twenty years, its development has undergone tremendous changes, the city has become China's largest export base for consumer goods, and one of the largest wholesale markets for household goods in the world. In fact, for the past 17 years, it has been the number one market in China in terms of industrial products.

The city of Yiwu (China) has an ancient history, but the most important pages in it have been written for the last twenty years. Its population is more than one and a half million people, among which almost seven hundred thousand are local residents. These places are home famous people China: Luo Bingwang - one of the prominent people in the early Tang Dynasty, Zong Ze - the general of the Song Dynasty, and many others. But first of all, Yiwu is known as a shopping center, i.e. this is the city that occupies a leading position in the world in terms of the number of fairs and the range of goods.

Less than twenty years ago, in these places there was the center of the county, unknown to anyone, now it is a city on the map, in which people from opposite ends of the earth work and live. Once the main occupation was agriculture, now it is the capital of consumer goods. Despite the fact that Yiwu is geographically unattractive and not a leader in terms of resources, in recent years it has been rapidly growing economically.

This city has achieved prosperity thanks to trade. Statistics say that every day the number of outlets reaches over two hundred thousand people, and goods from the city are exported to two hundred districts. In these places, 400 thousand types of goods from 1900 industries are traded daily, so you can safely call the city a paradise for buyers. By 2005, Yiwu's product turnover was about 40 million yuan, and this place was named the greatest specialty market by the UN.

Interesting Information About Yiwu Attractions

The main attractions in the city are not only shopping centers and fairs. Here is the largest aquarium in the entire province. It is located in Paradise Park. At the same time, the old city boasts buildings from the Ming and Qing eras, there are antique paintings and ancient ceramics. In the old part there are streets where tourists can see bridges, temples and gazebos.

Yiwu has a park that opened in 2003 and is located on the waterfront at Xiuhu Lake. This park is located in the central part, and the lake itself was here during the Song Dynasty. The very center of the water surface is decorated with a pagoda, an island, which is easy to reach by boat, plying between the park and the square.

Amazing news for real shoppers

The city is constantly building new markets, you can easily discover an unexplored shopping center, because in Yiwu (China) there is an active incentive policy so that even more capital is contributed to the manufacturing and service industries. Today the city accommodates 10 thousand people. industrial enterprises, and on industrial production more than 59 billion yuan is spent annually.

Residents in these places say that for them the client is the main person, without him they will remain poor. That is why shopping in Yiwu is a pleasant experience, and any buyer will be satisfied with the assortment. Yiwu City is a place that China can be proud of, as it has become a real paradise for tourists, where you can find virtually any product. And the main attractions in these places are still long shopping streets and colorful fairs.

Location of Yiwu in China

The city of Yiwu is not immediately found on the map of China, because by the standards of the country it is quite small. Its exact landmarks are 300 kilometers south of Shanghai, 150 kilometers west of Ningbo, or 150 kilometers north of Wenzhou, and another 100 kilometers south of Hangzhou, the capital of Zhejiang Province. For the first acquaintance with Yiwu on the Internet, it is better to find interactive map, which is an object based on the latest topographic surveys with satellite imagery. To view the details, you can familiarize yourself with the schematic image, which is always online. So you can look around the plans of the neighborhood, taking into account your priorities. For you, as a traveler, such a city map gives you the opportunity to plan your future route.

Yiwu is China's largest shopping center

Let's get back to the fact that, despite the parks and recreation areas, ancient buildings and sights, Yiwu city is the main market of a country like China. Its service sectors are colossal, and not only in trade. There are about 650 hotels in the city, which means that 40 thousand clients can be accommodated overnight. There are also numerous restaurants with Chinese cuisine and thirty more South Korean and even Muslim restaurants here.

Basic information:

• Chinese name:义乌 / Yìwū
• Location: Yiwu City is located in the center of Zhejiang Province and is located 100 kilometers from Hangzhou, the provincial capital.
• PS population: 1,280,000 people (According to the municipal bureau of statistics of the city for 2016).
• Attractions and main events: International Wholesale Market, Huangyuan Mall (mainly clothing), Bingwan Market (clothing and bedding), Yiwu International Expo Center, Yiwu Annual Trade Fair (held in October).
• Required time: If you come to Yiwu for wholesale goods, three to five days will be enough for you to go around all the markets and buy everything you need.
• Popular activities: Shopping, gastronomic tourism, sightseeing.

Yiwu city has become day of the best places for shopping along with Shanghai and Hong Kong. But Yiwu differs from these two cities in that here you can buy anything at the most low wholesale prices. And the popularity of the city is only growing - every year about 300 thousand foreigners come here for shopping.

Prices and selection for certain types of goods in Yiwu are much better than in Guangzhou- this is due to the fact that several tens of thousands of factories and production shops are located in the city. International trade organizations note the uniqueness of this shopping area.

Yiwu City is mainly specialized in wholesale sales small items such as: souvenirs, jewelry and Jewelry, accessories, accessories, toys and gifts, consumer goods, household goods, fabrics and materials. But every year, the range of products presented is growing.

Entrepreneurs from all over the world regularly come to Yiwu to buy various products in bulk and sell them in their markets. Currently high-speed railway between Yiwu and Shanghai, opened in 2014, in addition to the existing railway of the same type connecting Guangzhou and Yiwu. Thus, the Chinese authorities are gradually turning Yiwu into a popular trading area.

Attractions Yiwu

Yiwu City has three largest market: Futien International Trade Center, Binwang Market and Huangyuan Market. All of them are within 5 kilometers from each other, which is extremely convenient for tourists who come for shopping. On these three markets you can find about 40 million different types of goods, but it is recommended that you read the list below to find out which goods each market specializes in selling.

Futien International Trade Center / China Commodity City

International wholesale market: There are six five-story buildings here with total area 4 kilometers. You can find everything you need in this convenient shopping center equipped with heating and air conditioning. Many store owners sell goods exclusively in bulk, but you can always find a seller who will agree to sell goods at retail. It is the largest wholesale market in all of China.

It is also the most impressive market in Yiwu city. There are 70,000 shops here, where you can find products from 100,000 different Chinese factories and plants. The area of ​​the entire complex is 4 square kilometers or 4.5 million square yards.

• Names: 义乌国际商贸城, China commodity city, International trade city, Futian, Yiwu Market
• Interpreter: It is recommended to use the services of an interpreter in order to communicate with the sellers and navigate the expanses of the complex. We can provide an interpreter in Yiwu.
• Address: 市城北路 / Chengbei Road

Huangyuan Shopping Center / Huangyuan

This is the newest of all the markets in the city, and its area is 117 acres (almost 0.5 sq. Km). It is located on Chaozhou Road. Here you can find budget clothes, which are produced mainly for the Chinese market. It is worth noting that its style and quality may not meet the standards of European countries.
Address: Huangyuan road, 51

Binwang Market

This is a clothing and bedding market with more than 8,000 stores.
Address: 宾王路129号/ Binwang road, 129.

Yiwu International Expo Center / Yiwu International Expo Center:

Yiwu International Exhibition Center: It is located in front of the old Meihu Exhibition Center. On its territory there is a five-star hotel and an exhibition complex with an area of ​​300,000 square meters.
Various trade fairs and exhibitions are regularly held here. The largest of these is the Yiwu International Trade Fair, which takes place at the end of October.
Address and name in Chinese: Zongze road, 59

Yiwu International Commodities Fair

International Trade Fair (中国义乌进口商品博览会) is held annually from October 21 to 25 and attracts about 200,000 buyers, 24,000 of whom are foreigners. There are 2.5 thousand stands in the exhibition complex, and outside there is trade area where exhibitors sell their products.
Venue: Yiwu International Exhibition Center.

Weather in Yiwu

Yiwu climate: subtropical monsoon. In general, the climate here is mild and humid. All seasons are pronounced.
At the end of October, when the international trade fair is held, the weather in Yiwu is usually cool and sunny. The best time to visit the city is in October-November, as during these months pleasant weather remains with almost no precipitation.

Cafes and Restaurants Yiwu

Local dishes: Futien biscuits, Susi sesame cake, Jalin sweet bean paste cake and cakes with the exotic name Huihui are must-try in Yiwu.
Restaurants: With a population of just over 9,000 foreigners, Yiwu is home to about 300,000 tourists every year, so there are many restaurants in the city offering Korean, Japanese, American, Russian, Arabic and South Asian cuisines.

Yiwu Hotels

average cost numbers in good hotels Yiwu is 250 RMB per night. You can find cheaper hotels popular with Chinese tourists, or stay in more expensive five-star hotels.

Transport

High-speed trains with the letter G will take you to Yiwu at a speed of 300 km/h from any major city in China.

Yiwu main railway station, from where regular and high-speed passenger trains depart - Yiwu Station (义乌站), - located 15 kilometers north of Futien Market. Approximate cost of a taxi: 35 yuan / 30 minutes.

How to get from Yiwu to Shanghai: At the end of 2014, a high-speed railway in China was laid between Yiwu and Shanghai, which runs G-type trains. The trip takes no more than an hour and a half. Trains leave approximately every half an hour during the day. Ticket price: from 120 yuan, travel time: 2 hours.

How to get from Yiwu to Guangzhou: Three high-speed trains also run between Guangzhou and Yiwu every day.
High-speed train tickets start at 674 yuan for a second class ticket, travel time: 7 hours. However, tickets for regular passenger train, type K cost from 120 yuan, and the trip takes 18 hours.

Yiwu airport

Airport code: YIW
Address: 民航路201号义乌机场. The airport is located 6 kilometers from the city center.

Bus stations

Yiwu is one of the largest transportation hubs in the area. There are two intercity bus stations in the city. Binwang Bus Station (义乌宾王客运中心) runs buses to cities located in Zhejiang province for short distances, while Yiwu Bus Station (义乌长途汽车) runs buses to other provinces and long distances.

Have you ever been to Yiwu city, China? Yiwu is the world's largest wholesale market for general goods.

Location of Yiwu

Yiwu is located in the central province of Zhejiang, connecting Guangdong and Fujian to the south and Shanghai to the north. It is 300 km from Shanghai and 120 km from Hangzhou, the capital of Zhejiang Province. Transportation is convenient with highway and railway connecting most major and medium cities. More than 20 airlines have been opened to big cities like Beijing, Hong Kong, Guangzhou, etc.
>>Shanghai to Yiwu , Hangzhou to Yiwu

Yiwu weather

Located in the subtropical monsoon climate zone, Yiwu enjoys four distinct seasons, enjoying a mild and humid climate, with an annual average temperature of 17℃. ℃.
>> Yiwu weather

History of Yiwu China

Yiwu, meaning loyal crow in Chinese, was the name from an old beautiful fairy tale about crows helping good people. yiwu, original name, like Wushang, was founded in the Qin Dynasty, or around 222 BC. However, its long history flourished already in the Neolithic Age. Aratyuryuk first appeared in the year 624 AD, the Tang Dynasty, and then continued for a good year 1300. Until May 1988, the 1300-year-old Aratyuryuk was upgraded to an upper level named Yiwu. A long history has left this city with quite good history and culture, like martial arts, Wu Opera and the 300-year-old Da Si Pagoda in Xiuhu Park, which you will find quite interesting in some of the articles below.

Yiwu Population

Yiwu now has 716,000 local residents and over 1 million migrant workers, including about 40,000 foreigners from Korea, the Middle East, South America and other parts of the world. The total population reaches 1,800,000. After for long years living in Yiwu and searching from Yiwu market, many foreigners already accept Yiwu as a second hometown and play an increasingly important role in the local community. One thing that has never happened in other cities in China is that these businessmen may even take seats in the Yiwu People's Congress to have their say on Yiwu politics. Yiwu Arabs – An article about how Yiwu Arabs, a larger population than Shanghai Arabs, work/trade and live in Yiwu.

Yiwu Economy

Yiwu's economy is one of the fastest growing in China after the national opening up. Something similar in Shenzhen. The streets that were dirty and scattered with cow DUNGS 20 years to go are now packed with BMW7 series and Benz. More about Yiwu Economy Yiwu Fair also contributes greatly to the success of Yiwu economy. Yiwu is currently one of the top 10 exhibition cities in China. Yiwu Market Guide also offers one stop service for 2010 Yiwu Fair.
>>Yiwu Economy

yiwu transport

Yiwu now has a class 4C airport carries more than a dozen air routes to Beijing, Guangzhou, Shenzhen, Shantou, Changsha. This airport even had HK-Yiwu direct flights for several months last year. The funds are qualified for international flights. Hong Kong Yiwu non-stop flight operates annually.
>>More about Yiwu Airport.
Yiwu Railway Station is one of the most advanced medium-sized railway stations in China. Currently, trains depart from Beijing, Shanghai, Chongqing, Chengdu, Guangzhou, Nanjing and other large and medium-sized cities can directly reach Yiwu every day. More than 60 trains leave from Hangzhou to Yiwu every day, and you can go to Hangzhou directly from almost all major cities China by train. Express trains from Shanghai just need two hours to reach Yiwu.
>> How to get to Yiwu from HK, Shanghai, Guangzhou, Shenzhen, Beijing, Shantou?

Yiwu City

Xiuhu Lake Park, Yiwu Riverside Park, Yiwu Wetland Park are my three recommendations. They are all inside the city and very easy to walk. See them at Yiwu Attractions Yiwu International Trade City is also a national landscape spot AAAA. More information on Yiwu International Trade City Here are some good Yiwu Photos

Yiwu Restaurant

Yiwu Restaurants, like its commodity wholesalers, are rich in variety. Islamic restaurants, Korean restaurants, Indian restaurants, Brazilian restaurants, Japanese restaurants… People are all running out of their own countries, not Chinese. Of course, there are also many traditional Chinese restaurants and Western food. And you will also have to try some real Yiwu food. Explore more Yiwu Restaurant today!

Yiwu city tree, flower city

People chose camphor tree as city tree at the 11th Yiwu People's Congress on July 30, 2002 According to Yiwu government, there are one over 1000-year-old, four over 800-year-old, 103 over 200-year-old and over a thousand 100-year-old camphor trees in Yiwu. The evergreen camphor tree symbolizes prosperity and forever prosperity. Yiwu PEOPLE like it. yiwu has long history and outstanding plant cultivation technology in China Rose. Colorful China roses bloom all year round, which also symbolizes continued prosperity. They are widely planted and loved by Yiwu people.

Yiwu Culture

Yiwu markets have made Yiwu famous in China for the past 30 years. Yiwu International Trade City has made Yiwu famous all over the world in the past 8 years. However, Yiwu Martial Arts has kept Yiwu famous in China for over a thousand years. Wu Opera, also known as Jinhua Opera, is one of the oldest operas (has a history of 400 years) in China. The earliest days of Wu opera can be traced back to the Ming Dynasty (AD1386-AD1683). The name comes from Wuzhou, the former name of Jinhua.

Just a few hours by train from Shanghai in Zhejiang province is the world's largest market city - Yiwu. It is also called CCC (China Commodity City - city Chinese goods). Yiwu, like many other cities in China, over the past decades has turned from a village into a huge center of trade, where small and medium business. In 2016, the city's GDP was 111 billion yuan ($16.8 billion).

Yiwu's success is remarkable, of course, but will the market be able to withstand the increasing competition from other low-cost foreign manufacturers such as Vietnam or Bangladesh?

History of Yiwu

Yiwu is located too far from the sea to be developed as a port, in addition, the city is almost unsuitable for Agriculture area, there are also no minerals. Its development was entirely dependent on domestic and international trade. And proximity to Shanghai and Hangzhou added advantages in terms of logistics.

The growth of Yiwu trade began in the late 70s, when the first local businessmen began to expand their trade relations with more developed cities. The famous Chinese (connections) were especially strong in Yiwu, whereby there was a rapid exchange of business information and contacts. It was this that became one of the main driving forces for the development of the market city, given the relatively poor support of the industrial sector.

Yiwu is one of those Chinese cities that showcase the success of Deng Xiaoping's reforms that began in 1978. New system pricing and permission to engage in private enterprise allowed the local tertiary sector of the economy to develop rapidly.

Decentralization state control over trade in certain areas led to the fact that in 1982 the Yiwu authorities launched China's first free market. Since then, its turnover has continued to grow relentlessly.

At the moment, Yiwu has grown from a simple wholesale market into a whole cluster, which is considered the national economy of the country, and its population is 1.2 million people. He constantly wins government awards for fast development and exemplary management. In 2005, Yiwu was named the world's largest light industry market in a joint report by the World Bank, the United Nations and Morgan Stanley.

Goods and buyers

Heavy industry and high-tech industries are located in areas around Shanghai, Guangzhou and Beijing. In turn, Yiwu specializes in the production and trade of light industry goods. From key chains and toys to cosmetics and jewelry - more than 300 thousand different items of goods.

Yiwu is international center trade: every day more than 200 thousand buyers arrive here who buy goods covering 40 industries and 2000 industry categories. In total, more than 70 thousand points of sale: from small pavilions to the largest shopping centers. Every year, the third largest exhibition in China, the International Commodities Fair, is held here, which is very popular, and exhibitors book seats a year in advance.

Although most of Yiwu's exports are to the United States, the city has extensive trade links with almost every country in the world. Now the emerging markets of Africa and the Middle East are taking the lead.

Closest competitors

Despite the astounding success of Yiwu's economy, there are now some doubts about its bright future. The conditions that led to its rapid growth are gradually weakening. Rising overheads are forcing buyers to consider alternative options for locating production in countries neighboring China.

With many infrastructural problems, the so-called group of "powerful five" countries (MITI-V: Malaysia, India, Thailand, Indonesia and Vietnam) nevertheless offer a viable alternative to China's rising labor force in price. But for many companies, this option is still unacceptable.

The low cost of labor and raw materials in China's neighbors does not always outweigh their other shortcomings. Developed manufacturing infrastructure, 30 years of experience in international trade, technology and production efficiency, legal aspects, as well as cheap and convenient logistics - all this will keep China afloat for many years to come. However, this applies to heavy industry, mechanical engineering and high technology industries.

Light industry will eventually partially move to other countries. For this reason, in order to survive, Yiwu needs to transform its economy over time, rely not on the sale of cheap small goods, but on quality, high-class service and developed logistics system. Then Yiwu will be able to strengthen its status as an international exhibition and trade center.

Yiwu (English "Yiwu", Chinese义乌 ) is a city of about 2 million people, located in the east of Zhejiang Province. The city is famous primarily for its developed international trade light industry goods.

Formally, Yiwu is just a city of "district significance", under the control of the "district center" - Jinhua. But Yiwu is more famous than Jinhua, both inside China and in other countries.

Exit from Futien Market and view of Yiwu business district

Modern Yiwu

Yiwu has been developing so rapidly in recent decades only thanks to the Futien International Wholesale Market. This is a kind of "city-forming enterprise". Today it is a huge complex of buildings, more than 150,000 showrooms of manufacturers and trading companies from all over China.

Futien is the most successful wholesale market in China. The project aims to provide an opportunity for many manufacturers from all over China to show their goods directly and "live" to customers from different countries. In fact, this is the largest exhibition that never closes.

Many cities and regions wanted to attract buyers from all over the world, had similar projects, but only in Yiwu everything turned out so well. Now Futien and Yiwu are one of the most attractive places in China for those who want to find suppliers, do business related to the export of goods from China. Yiwu only competes with Guangzhou and Shenzhen, and in Yiwu there are always more attractive prices and it is not necessary to buy goods in whole containers.

One of the reasons is the competent economic and administrative policy of the region. Yiwu implemented special conditions for local and, most importantly, foreign companies.

The main entrance to area No. 1 of the Futien Wholesale Market

The second reason is the Futien complex itself. Perfectly organized space, convenient location, huge size - more than 150,000 showrooms of manufacturers from all over China.

Developed infrastructure - more than a hundred hotels, many office buildings, warehouses, a developed transport network - getting to Yiwu is not difficult.

Foreigners can easily reside in Yiwu without strict supervision from the authorities. They can open their offices, representative offices of companies - also under a simplified procedure. This economic freedom eventually paid off - in Yiwu there are many buying offices, buying agents from all over the world, which only increases the trade turnover.

The city continues to grow, new districts of the Futien market, a business and financial center, warehouse space, factories, representative offices of suppliers and manufacturers are being built.

Business and financial district under construction in Yiwu

At present, delegations of authorities from other cities and regions of China are not uncommon in Yiwu. They try to learn from the experience economic development cities. There are many conferences, events at the regional and governmental level.

The city has a large number of foreigners, most from India and the Middle East - the largest buyers in Yiwu, purchase the largest volume of products in quantitative terms. Mostly they are purchasing agents, trading companies, offices for the purchase of foreign companies.

At present, due to the fact that there are more and more foreigners in Yiwu, many of them are engaged not only directly in the field of international deliveries. Many are engaged in business in the service sector - many European, Muslim, Arabic restaurants and cafes, hairdressers, hotels and so on are open. As well as Christian churches, mosques.

In the recent past, just a few years ago, Yiwu produced a huge number of copies of goods famous brands. Nowadays, the rules have become stricter, copies are becoming harder and harder to find.

Business district in Yiwu, China

The city continues to be actively built up - new roads, bridges, entire residential areas, shopping centers. At the same time, population growth is currently in question.

Most of the inhabitants are "migrant workers", the main indigenous population in Yiwu is only about 600-700 thousand people. In 2015, there was a decline in trade both in general in China and in Yiwu in particular. Therefore, whether the city will continue at the same rapid pace - no one knows. Everything depends on the economic situation in the world, on the demand for goods.

There are more than 100 hotels in Yiwu - from the cheapest to the Marriott Hotel. Most of them are also located near Futien Wholesale Market.

The airport in Yiwu accepts flights within China, it is not international. You can fly here from Beijing, Guangzhou, Hong Kong, Urumqi and other cities.

Yiwu, near District No. 3 Wholesale Market

There is also a high-speed train station, part of China's high-speed train network. High-speed trains can be reached from Shanghai, Beijing, Hangzhou and other cities. The station is currently being expanded as more passengers need to be accommodated.

Yiwu has a logistics center "Yiwu Port". It is a collosal building that includes warehouse space, offices of commercial and government organizations and, most importantly, the customs office.

In "Yiwu-Port" you can load the container and immediately, without leaving the complex, carry out all the procedures customs clearance required in China. This is very convenient, in the future the container is sent to seaports already "cleaned" - saving time.

Office buildings near Futien Wholesale Market in Yiwu, China

Yiwu is also the beginning of the "new silk road" - from here containers leave for Europe and Russia along the new high-speed railway. For example, goods to Moscow by rail take only about 14 days. True, prices are still high, but in the future everyone is waiting further development this way and lower prices.

In the future, this is a real alternative to sea transportation. First of all, this way is interesting because of the speed of delivery of goods.