More than 2500 Resident Offices of Foreign Businessmen in Yiwu
More than 2500 Resident Offices of Foreign Businessmen in Yiwu
It is learned from the institution of commercial registration that there are 2,551 resident offices in Yiwu. Yiwu has not only been a country-level city with the largest number of foreign representative orgnizations for three years, but also remains its attraction to draw foreign businessmen in the period of economical crisis.
Comparative Advantages of Yiwu in the Period of Economical Crisis
In 2009, Yiwu market occupaids its comparative advantages in the period of economical crisis. Generally speaking, there are many reasons for it. Firstly, Yiwu Small Commodities market contains various kinds of goods, including 16 main categories, 4,202 kinds of goods and 33,217 detailed categories. This comprehensive pattern of goods enables Yiwu market to find its beneficial balance in the period of economical crisis. Secondly, Yiwu wholesale market, which provides its customers with small commodities, mainly daily necessities, can win customers of its goods with low prices but high quality.
Last year, Yiwu Small Commodities Market exported 521,000 containers of goods, and its directive Exports rise to $1.91 trillion. (Yiwu Agent) At the end of 2008, the number of foreign representative organizations amounts to 2,124, and foreign residents more than 10,000. And the number of foreigners who get visa and residing permits grows by 33% and 75% seperately. In this year of 2009, the number of resident offices of foreign businessmen continues to grow, which shows the great needs of foreign market to Chinese small commodities. Some foreign merchants choose to establish their commercial representatives in order to reduce the cost of intermediary agents.
