Yiwu International Trade City Current Situation

Yiwu International Trade City Current Situation
Lead the country for 19 years, daily necessities market this year, a full recovery of market fundamentals environment, Yiwu Small Commodity Index at record high of more than, the industry estimated market turnover this year was crowned the first national daily use highly likely. 

Cure a cold market,Yiwu International Trade  improve confidence 
After completion of  Yiwu International Trade City,the first affected by the financial crisis affected the market deep “cold”, and businessmen severely tested. After a lapse of two years, the market “cold” basically recovered, continuous increase of the various economic indicators signal a new round of industrial restructuring will bring more strong market resilience. 

According to Yiwu Industrial and Commercial Bureau data show that in Yiwu market, continuous innovation and the high number of business operators, now stands at 151,000, compared to 137,000 last year, significant incremental business operators, entrepreneurial surge in confidence rapidly. 

It is understood, from Yiwu International Logistics Centre, the statistics are equally optimistic, 1-8 months of this year, from around the country, Yiwu sent 1,715,205 tons of cargo, international cargo 291,862 TEU, an increase of 28.09%, respectively, and 47.26% . 

“This year our foreign trade than last year, would be able to more than one into it.” From Jiangsu Yangzhou’s “90” room CNR, more than 1 year before entry, but then quite confidently predict the market. The parents followed the Yiwu International Trade City, a festive supplies business, said the girl, she has for the upcoming season ready. 

Yiwu Young Entrepreneurs Association members, all day, told reporters Shishao Jie, general manager of Yiwu business atmosphere and environment for our young people many opportunities that other places may not be something less than 1 year in the Association was formed, bringing together hundreds More than pregnant surmise from all over the world have achieved the dream and the young people. 

Prop up the Yiwu International Trade Market fundamentals pillar industries 
Driven by the market, Yiwu, the rapid development of various industries, has formed ornaments, zippers, toys, crafts, socks, pens, seamless garments, cosmetics and a dozen have some clear advantages, and showed obvious Industry gathering, some advantages of the industry to become the country’s main production base. 

Financial crisis, as the pillar industries in Yiwu, one of the most important, Yiwu jewelry industry, although still facing the exchange rates, raw material prices, and many other factors, but the overall trend for the better. 

“This year’s jewelry business is better than last year, the first three quarters, sales of jewelry, Yiwu market, reached last year’s 90%.” This year, Qing-Wen Chen, Chairman of Zhejiang figure Roland busy jewelry, as jewelry industry associations in Zhejiang Province Executive Vice President of Yiwu of the jewelry industry deeply. 

“From the jewelry industry to see, after the financial crisis, the concept of procurement customers a more rational, than before, and now customers to purchase the less a single, but more often, and before a month, and now may choose the week come once, the total increase due. “Qing-Wen Chen, Yiwu jewelry industry,” rejuvenation phenomenon “given his own interpretation, he thinks Yiwu jewelry is transferred to the high-end market, raw materials, styles and so boost the industrial transformation and innovation , to secure a more profitable areas, earn money or substantial hand. 

Yiwu International Trade City two index continues upward 
Considered an important indicator of Yiwu market, Yiwu Small Commodity Index, the credit market’s overall performance index. In China Commodity City Group data showed the first three quarters, Yiwu Small Commodity Index 1-8 higher than the monthly data in January last year, the data analysis experts believe that third-quarter profit rose market performance drop in price is expected to periodically season will come earlier. 

Reporter learned from Yiwu Industrial and Commercial Bureau, market credit index record appears in the 7-8 months, the industry believes that the business environment in the second half of Yiwu market, the more ideal, will greatly enhance the competitiveness of the market. Important market credit index index index into a maximum thrust of intellectual property. To August, the intellectual property index closed at 187.13, Yiwu, up 26.47% last month, also hit a record high. 

Credit Research Center of Peking University’s China experts are concerned that, Yiwu IPR protection to create a good environment to build a set of integrated functions of a number of related departments of resources and effective communication channels and coordination mechanisms, the formation of the force of law enforcement, and through a series of joint law enforcement operations, to effectively combat the violation of intellectual property to promote the credit market, standardize the market order of operation, clean up the market trading environment have played a positive and effective role. 

Yiwu Market Direction

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