Category: Yiwu

Yiwu International Trade Market Among the 600,000 entities

The Yiwu International Trade Market at nightfall The number of market entities in Yiwu, commonly referred to as the “world’s supermarket”, has exceeded 600,000, according to a statement from local authorities on April 26. This year, the city has greatly expanded its market with 42,800 newly registered market entities, an explosive year-on-year growth of 21.62 […]

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Yiwu reduces rent for public housing

Residents can now enjoy a reduction or exemption from rent for public housing, local media reported on April 28. In early February, the municipal construction bureau announced that families facing economic difficulties, major illnesses (and who is categorized under the “minimum living security object”, or is disabled above the second level, or who is disabled in multiple ways, or who suffers from a disease with high […]

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Yiwu Market is one of the largest commodity export market

Yiwu Market is one of the largest commodity export market in China, with 5.5 million sqm business areas, more than 75.000 offline shops and 1.8 million kinds of commodities. Yiwu Market has more than 210.000 daily visitors and purchasing agents. It is named as “the world’s largest small commodities wholesale market” by the United Nations, the World Bank, Morgan Stanley and […]

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