The internationalization characteristics of Yiwu Market

The internationalization characteristics of Yiwu Market 
Yiwu Amanda reports: The Yiwu Market becomes more and more internationalization after continuously upgrade these years. The characteristics include commodity export globalization, the continuously foreign trade subjects enlargement, products export from developing countries to developed ones etc. 
Firstly, export of commodities becomes increasingly globalized. Yiwu commodity market has been exported to 206 countries and regions, the market outward up to 55% or more degrees. Yiwu market, the external extension of features has been continuously strengthened. Docking with the international commodity market distribution has been extended to Panama, Cologne, Dubai, United Arab Emirates, Chile and other places outside the docking with the Yiwu small commodities market in Cambodia, "China City", Russia's "Haining House," Brazil "Chinese city" Italy's "Chinatown", the Middle East, the United Arab Emirates "Chinese Products Trading Center," South Africa "China Gate" and so on more than 10 places. 
Secondly, the main exports continue to expand. In 2009, Yiwu market, there are nearly 2000 enterprises in just outside the trade representative's office, more than 8,000 permanent foreign Yiwu Commodity Procurement. Outside Hong Kong, Macao and foreign business in Yiwu market, the ratio reached 0.12%. UNHCR procurement center, Carrefour in Asia, Yiwu Headquarters procurement offices gather a group of high-end commercial resources Yiwu. With the internationalization of the market growing, the form of foreign trade has to be innovative and rich, there has been some form of Yiwu trade characteristics. Such as: a mining goods in Yiwu, a foreign market in sales, delivery, clearing the way one-stop cross-border exports; foreign institutions and overseas Chinese business agents of the foreign trade organization composed of; cultivate virtual brand into an international commercial trade buyers and so on. 
Thirdly, diversification of export commodities. In 2009, handicrafts, jewelry, flowers, toys, cosmetics, sports goods, hardware and other market advantages in export industries continue to maintain the status of the main force. Exports continued to increase the proportion of self-employed, including cosmetics, zippers, toys, stationery, self-employed jewelry exports grow 53.1%, respectively, 49.48%, 49%, 43.3%, 34.3%. The city located 2009 top ten export commodities are clothing and accessories, socks, crafts, blankets, zippers, jewelry, cosmetics, kitchen utensils, shoes and hats umbrellas, stationery, of which clothing, socks, handicraft have 70% of the total of the self-support export. 
Fourthly, the export of the country transfers from developing to developed countries. The optimization of the export market, the rapid growth of exports of Europe and the United States market, the United States remains the first export of major powers in our city. In 2009 the 10 pre-export countries and regions are the United States, the United Arab Emirates, Russia, Ukraine, Spain, Germany, Korea, Japan, Brazil, Panama.

Monday, July 13th, 2009

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