Basic Facts
Yiwu is a city of about 1.2 million people in central Zhejiang Province near the central eastern coast of China. The city is famous for its small commodity trade and vibrant free markets and is a regional tourist destination. Although Yiwu is a county-level city under the jurisdiction of Jinhua, it is more well-known than Jinhua nationally and internationally.
Yiwu Small Commodities
The commodity industry has been leading industry in the regional economy. The Yiwu market has been an international commodity distribution center and the important base for foreign merchants to purchase commodities. Currently, the Yiwu commodity market covers an area of 1.5 million m, and has 40,000 stores, comprising 28 categories and about 200,000 varieties of daily goods.
The industrial economy is rapidly strengthening, and currently has developed and is exploiting industrial park areas of 64 square kilometers, with more than 1300 enterprises. It has also cultivated a group of predominant industries, scale enterprises and famous products of socks, ornaments, zippers, cosmetics, shirts, cultural articles, pen-making, toys, etc.
