Optimization plan of Yiwu Market Resource Unveiled

Optimization plan of  Yiwu Market Resource Unveiled

The third phase market of Yiwu International Trade City is scheduled to be put into service before this year's Yiwu Fair. The booths in Yiwu Binwang Market, Yiwu Huangyuan Market and other markets will be moved into the third phase market of International Trade City. Below are the market industry adjustments made by Municipal Committee and Government.

1. Product categories in the third phase market of International Trade City cover daily necessities, Knitwear (bra, underwear, scarf, mitten & glove, cap etc.), shoes, thread & ribbon (including belts), neckties, towels, woolen yarn and lace. The new market reserves a space for introducing new industries into the export-oriented wholesale market for further development.

2. Huangyuan Market will be reconstructed and transformed to be a market for apparels and beddings.

3. Araw materials & machinery market, specializes in textile (fabrics), raw materials and machinery, will be built in Yixi Product Materials Market.

4. The main business scope of new non-staple food market covers standardized packaged food, groceries, candies and roasted foods etc.

5. Binwang Market and Knitting Market will go out of use after the transitional period between the two markets and International Trade City (third phase market).