Yiwu Sells Over 17 Million USD Products Each Day

24 Dec. 2010

Yiwu Sells Over 17 Million USD Products Each Day, in First 11 Months of 2010.

According to latest statistics by Yiwu Industrial and Commercial Bureau, Yiwu city bazaars total turnover reached 52.674 billion Yuan in the first 11 months of 2010, an increase of 10.15%. Daily average turnover reached to 113.5 million Yuan (about 17,000,000USD).

According this report, Yiwu market operators increase steadily at 7% from 2006. Till now, Yiwu various market dealers reached 152,800, of which 135,600 private small businesses, 17,200 enterprises of all types.

With the accelerating pace of the international market, more foreign investors are choosing more and more of Yiwu and Yiwu integration. This year, Yiwu City Administration for Entry-Exit Registration entry of foreign visitors have a more substantial increase over last year, more than the 1.3 resident foreign people. Increase in foreign the same time, various types of foreign market operators and institutions the number of households has increased rapidly.

March 7 this year, Zhejiang's first foreign investment partnerships - Ali Basha Yiwu in Yiwu, the Department of Information Services to complete the business sector registered and received a business license.After the foreign investment partnerships have been developed rapidly in Yiwu. In addition, nearly half of Yiwu in Zhejiang also has a representative office of foreign enterprises, the total number now stands at 2985.

"Yiwu market is the lifeline of our business. Only legitimate and trustworthy business can make a good reputation." Wu Huayun, a vendor with over 30 years business experiences in Yiwu, Said to us.

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