Yiwu Market-best and fruitful option for business trip
Yiwu is located in the central area of Zhejiang. The city had been named from name of the king. The city got the name Yiwu in just recent time in 1998. It covers total land area of 1,105 square kilometers and governs 8 towns and 5 sub districts. The rich history and past glory speaks loud about the culture of the city. According to Yiwu government, there are over one thousand 100-year-old camphor trees here. Infrastructure of the city is developed and this city is became modern country size city. The city is well connected with other cities of the countries.
Yiwu City is also internationally known for its largest commodity market. World Bank has acknowledged this city as the world’s largest wholesale market of small commodities. Yiwu Market is very famous and the biggest wholesale market in China. Yiwu market founded in 1982 and now it become international commodity distribute center in China. The market is deal into approximately 320,000 types of products and more than 70,000 shops are available in this market. Minimum 1, 80,000 visitors visit this market every day. Here quality products and varieties of products are really capable to confuse and compel the buyer comes to the Yiwu wholesale market.
In Yiwu market China there are mainly art & craft market, Yiwu jewelry market, bags and cases market, cosmetics and accessories market are main markets. The other markets are for home appliances, manmade flowers, umbrella, watches and clocks, photo frames, kitchenware, scarf and shawls, modern toys, stationery, shoes etc. The people from all over the world are coming close to Yiwu markets for sourcing the products.
If you are planning a business trip and thinking about to start import – export business than you must have to visit Yiwu markets. Here different wholesaler companies and more than 10,000 show rooms are available. Mostly the products are come from suppliers. So the prices of products are very reasonable and you can make a good profit.
In Yiwu, some professional companies are available who provides you a person called Yiwu agent to trade from China. Agent will help you during your entire process of trading. They will provide you accommodation facility, airport pick up and drop service, help you in document preparation, local car services etc. They will provide you total information about the products, its prize and places of those products. They will also provide you translation services. So the communication problem is also solved. Agent will try to give you best-discounted prices on the products, hotel booking and other places where you have to pay money. They will help you in all type of problems and try to give you 100% satisfaction. Against these all types of services you have to pay around 2-3 % commission including all service charges which is very nominal and genuine compare to service and help you get from them.
Every year no. of foreign buyers and agencies are increasing and they start investing in Yiwu China. So the Government of China also calls new encouraging schemes on products. They are working hard to provide good quality products. Manufactures of China produce attractive products. Foreign buyers are starting to import products from Yiwu Market China in large numbers.
Every year between 21 to 25 October, Yiwu Fair is held to improve the volume of export business from China. This fair is upgraded as the international fair and it became third largest fair in China. This time is the best time if you are on business tour and want to buy the products at wholesale rate. So my advice to you is visit Yiwu markets if you are business person.