Why did Yiwu Foreign Trade become a "world supermarket"?
Yiwu Small Commodity Market was established in 1982 and it is one of the first professional markets in my country. The 360-degree transformation from "sugar chicken feathers" to "world supermarket", from the first generation of the "Yiwu Small Commodity Market" to the fifth generation of the "Yiwu International Trade City", Yiwu's foreign trade has undergone momentous changes During this period, yiwu's export market has undergone more than 20 years of development.
Over the past 20 years, the yiwu export market has undergone five relocations and eight expansions. The current market consists of three groups of markets: Yiwu International Trade City, Huangyuan Market, and Binwang Market.
The yiwu export market covers an area of 1.5 million square meters, operates 58,000 stores, and has 160,000 employees. The market brings together 1,900 categories and 400,000 commodities from 41 industries, including handicrafts, accessories, hardware, and basic necessities. Electronics, home appliances, toys, sports, hosiery, and other everyday industrial products.
Among them, the production and sale of accessories, socks and toys represented a third of the national market. Yiwu export cheap and good quality products, and are hailed as "the kingdom of small commodities", "the ocean of small commodities and a shoppers paradise" for most Chinese and foreign customers.
It has passed through the fifth generation market, the Binwang market, and then to the Yiwu International Trade City. From "chicken feathers to sugar" to "world supermarket", Yiwu, a city built on the market, has completed a beautiful transformation.
From January to June this year, Yiwu exports and imports increased by 15.9%, 13.6% and 101.1%, respectively, exceeding 3.9%, 7.0% and 70.0% of the province, respectively.
In general, yiwu export scale continues to increase, and yiwu export trade volume maintains a continuous upward trend. After developing and joining the country's new strategy of "One Belt One Road", Yiwu successively launched the "Yiwu-Central Asia" train, the "Yixin Europe" China-Europe train and the "Yiwu-Tehran" train. Realize the "flow of goods" of international goods and promote yiwu's diversified export development.
In an environment of globalization of the world economy and the integration of international production, a country can no longer develop its economy behind closed doors. Similarly, if a company restricts its production and operating activities to the domestic market, it has no future.
Only through internationalized operations, Chinese enterprises deploy their own production resources around the world, in order to achieve the lowest production cost and highest efficiency, and effectively avoid and reduce investment and operational risks, can continue to develop and strengthening their own strength economic competition.
International operation is a prerequisite for the survival of companies in the era of economic globalization. As well as the yiwu export market seizes the development opportunities of the "Belt and Road" initiative to expand foreign markets. "
Yiwu's foreign trade has developed rapidly. Yiwu International Trade City is recognized by many buyers as a "world supermarket". I believe that in the future, yiwu export will also have more room for development.
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