Three Highlights of 2010 Yiwu International Commodity Fair

Three Highlights of 2010 Yiwu International Commodity Fair

Yiwu International Commodity Fair is the only international Fair of daily consumer products that has been approved by the State Council in China. The 2010 session was the 16th session. In order to speed up the market construction, enhance the international competitiveness of the business sector, Yiwu started to strengthen the “five priorities”, one of which was to run the Fair well as to promote the development level of modern service. So what will the highlights be in 2010 Yiwu Fair.
The First Highlight: The largest in scale in comparison with the similar Fair.
There were 4,500 international standard booths in the main exhibition hall of the 2010 Yiwu Fair, covered 90,000 square meters, the scale was considered as the No.1 in similar Fairs. Besides the Meihu Exhibition Center, there were branch halls located at the International Trade City, Binwang Market, Huangyuan Market, Knitting Market, Home Appliances Market and The Tele-communication Market. Products such as culture and education office supplies, sports recreation supplies, toys, knitted shoes and hats, make-up washing, Daily hardware, electronic appliances, luggages and leathers, jewelry accessories, craft gifts, home appliances and information networks were exhibited in those exhibition areas. These sub-venue just like the stars around the moon strengthen the charm of Yiwu as the Fair city.
Yiwu Fair has already formed a sound market mechanism of holding exhibitions. Fluttering Fairs and merchants, marketing campaign, and the exploitation of exhibition sources have been finished through the market-oriented operation by professional institutions such as China Commodity City Exhibition Company. Therefor,on one side,China commodity market will be more prosperous and on the other side, Yiwu Fair will be more famous. The two stimulated mutual development.
The second highlight: The internationalization of oversea investment.
2010 Yiwu Fair was the deepest in intensity of attracting investment compared to the previous ones. The delegation of Yiwu held large-scale publicity promotion in some important oversea cities such as Frankfurt, Moscow and Italy besides some sign domestic cities as Shanghai, Hong Kong and Macao.
Looking from the current feedback of merchants, there would be more than 110,000 visitors coming from more than 130 countries and regions attending the Fair. The oversea merchant would be over 17,000 and the proportion of merchants from American and European developed countries would also increase. Attracting oversea merchant speed up the pace of internationalization.
2010 Yiwu Fair would have more than 80 overseas trade team, including more than 10 transnational retail groups. During the Fair, the 58,000 booths in Yiwu market and 4,500 exhibition booths in Yiwu Fair would display more than 400,000 kinds of commodities, bringing unlimited business opportunities to the merchants. Exhibition of China Research Center survey showed that over 92 percent of the visitors would focus on professional and effective parts of the Fair.