Yiwu Fair: Nice initiative to develop import-export business

Yiwu is the largest wholesale city in china. Infrastructure of this city is well developed and mostly connected with other cities in the China. Yiwu Market is very famous market in China. Now a day, Yiwu Market becomes international hub for foreign buyers. Many people are familiar with this market and visits almost every year.

As part of the business development campaign, every year Yiwu held a business fair. It started in 1995. Now Yiwu fair has become third largest fair in China after Canton Fair and East China Fair. Every year Yiwu fair is organized by the Ministry of Commerce and Zhejiang Province People’s Government. Generally the market is very well known for its stationary and handicrafts products.  In this fair you can see the varieties in all the products. You can see latest and modern products in the exhibition.

Yiwu fair is become a good platform to bridge the local sellers and foreign buyers to develop the import-export business. The economy graph of this city is growing up very fast and one of the many reasons. Every year, the number of foreign visitors increases dramatically.  They are investing their money in Yiwu products and export the products from Yiwu market. This fair is very helpful to develop the import-export business in China. You can imagine by the volume of Yiwu fair in 2010.

  • 15000 International standard booths
  • Over 700 exhibition enterprises
  • A trade volume of over 1.5 billion Yuan
  • Over 50,000 professional purchasers
  • Over 40% export volume
  • Over 4000 overseas purchasers

Now, I would like to discuss few things about Yiwu market and Yiwu city. More than 25 thousand factories and more than 10,000 show rooms of different wholesale companies are situated in Yiwu city. The figure suggests itself. Large number of manufacturers and wholesalers means healthy competition. Therefore, you can get the competitive rates of the different products. The market is divided into many sub markets like textile market, art and craft, stationary stock market, tools and toys market etc. Number of events held in Yiwu market to develop the import export business and Yiwu fair is one of them.

If you want to visit Yiwu fair then it’s very simple. There are so many professional agents and professional companies, who provides complete package. They manage your whole tour from air tickets to airport picking, hotel booking, market guide, translation services. They provide the guidance in the Yiwu fair and help to buy products. It means surety of best deal.

If you are going to start your own business and you want to purchase the products in wholesale. I recommend Yiwu market is best place from where you get the quality products and in best prices. Yiwu fair is a best time to purchase the products from Yiwu Market. Every year in Yiwu fair has something new to attract the foreign buyers. So you can get the maximum profit in products rates and you can earn maximum profit by this nominal.

If you are a business person and you haven’t visited Yiwu then it’s strange a little bit. I suggests you that visit Yiwu market once and I am sure that you will become permanent buyers. Your first visit should be during the Yiwu trade fair. Therefore, you can see the scale of Yiwu market. Yiwu city is good for tour. Therefore, you can visit with your family and have some fun. If you get the opportunity then don’t miss it.

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