Yiwu Market pushes Yiwu industrial development

Yiwu Market pushes Yiwu industrial development 
Yiwu Amanda reports: Yiwu Market strongly drives the local industrial development and the development in a bigger area coverage. 
One aspect is the continuous prosperity of Yiwu Market, which builds up a large sum of capital and creates advantages such as marketing channels, information, talented person etc and brings about the record-breaking development for Yiwu industry. 
First of all, the unimpeded circulation channel brings rapid development for private economy. Up to now we have had more than two hundred and fifty thousand industrial enterprises and over 98% of them are private economy in Yiwu city. 
Secondly, numerous trade capital changes to be industrial capital, which promotes our industry economy scale, improves grade, uppers level and forms sixteen dominant industries such as knitting socks, accessories, handicrafts, cultural goods, slide fasteners, wool spinning and cosmetics etc. The output of accessories occupies over 65%, socks over 35%, slide fasteners over 30% of the countrywide. Yiwu has been honored with China slide fasteners industry base, China pen-making industry and trade base, China cosmetics industry base, China socks industry famous city and China seamless knitted dress famous city etc early or late. A set of leading enterprises and famous brand names, Langsha, Mengna, Nengdali and Xinguang etc springs up 
On the other hand, the Yiwu economic inter land extends from coast to coast, particularly the lumpy characteristic industry of the surrounding areas and coastal areas obtains saltatory development by making use of the window effect of Yiwu market. The local features such as the hardware of Yongkang, the small articles of daily use of Wenzhou, the leather of Haining, the silk bedcover of Hangjia Lake, the trend products of Guangdong and Fujian, the light industrial goods of Shanghai, the traditional products of North China etc, all of them have strong competitive strength in Yiwu wholesale market and occupy quite a large market share.