A Brief Introduction of the First Stage Market in Yiwu International Trade Center

A Brief Introduction of the First Stage Market in Yiwu International Trade Center

The first stage market of China Yiwu international trade center was built in October 2001, and put into operation formally in October 22, 2002. The whole area of the market is about 280 square kilometers, and the total investment is about 7 billion. The first stage market of Yiwu international trade center can be divided into five areas, main market part, production enterprises marketing center, commodity purchasing center, storage center and service center, there are have 10000 booths and 10500 self-employed households in total. The first floor mainly engages in flowers and toys, the second floor runs accessories, the third floor is art & craft, and a small production enterprises marketing center was set up in the last floor, Taiwanese booths, and the auxiliary room in east is the foreign trade enterprises purchasing center.
Yiwu international trade center is a commodity trading market which is a modernize, internationalize and high information market. After being put into operation, it achieved a new change from traditional trading to take commodity show, negotiation and electronic commerce as main mode of business.

The first section market of Yiwu international trade center had been designed to as a shopping tourism unit by provincial tourism administration, and was awarded the title of being the first “five stars market” in Zhejiang province.