the Reformation of BinWang Market

At July18,the board of directors of Mall Group published “we will transform and upgrade Bin Wang market,which was cleared and emptied out at the end of April.”It mentioned that after transition period,Bin Wang market will not be used as market.Combing the Bin Wang business district which is referred to in “The Development Plan of Yiwu City Commercial Network and Centres(2007-2020).” fixed and become “City Commerce Synthesis.”
The public notice said they will transform Bin Wang Market to become City Commerce Synthesis,It will become a business street which has characteristics of modernization,multifunction,comprehensiveness.It includes hotels,office buildings,parking lots,shopping spaces,entertainment spaces and departments.
This news attracts the attention of a part of investors in Yiwu quickly. One intermediary staff peter said,”  The Marked Price of Suite About 30 Thousand Yuan,according to the remove experience before,suites will be compensated with to the proportion of 1:1.25.Some investors see this business opportunity and want to buy suites on the floor.”