Yiwu Factory from the “World Processing Factory” to “World Factory”

China Yiwu Factory from the “World Processing Factory” to “World Factory”
Legend of Yiwu, Yiwu Small Commodity Market miracles, here has many legends and myths. Yiwu “puerile” to create the Yiwu “sock” legend, “a zip” myth, and accounted for 40% of the total world production of electronic watches and clocks, jewelry accounts for 70% of the country, accounting for 50% tape. However, behind the myth is always a lot of hard, Yiwu Small Commodity Market pursue the “puerile” and who is quietly behind the pay it? Yiwu factory have the most  contribution.

Since 2005, Yiwu Factory develop quickly.
Since 2005,Yiwu City, the advantage of relying on commodity markets, rapid growth of import and export trade, the province’s foreign trade export volume accounts for 1 / 3, China’s largest inland port. Yiwu Small Commodity Market driven the rapid growth of import and export trade on the basis of this Yiwu Yiwu market development, large and small plants rapidly.

Yiwu known as the “world  processing factory”,Yiwu processing  factory as starry clouds and the surrounding areas in Yiwu, Yiwu, how many industries can say that there are that many types of plants. It is these dense as “worker ants” of the Yiwu processing, support up “Commodity oceans, a shopper’s paradise,” “world factory”, “world supermarket” of the Yiwu small commodity wholesale market.

Indeed Yiwu as a “world processing  factory” and the surrounding area of Yiwu has brought huge benefits to the economy and help, but the “world factory” is precisely that our lack of independent research and development, independent innovation of core technologies, can only serve as a migrant workers , processors status. In today’s global economic integration, the new situation Yiwu to gradually from the “world processing factory” to “world factory” forward, from manufacturing to create a forward, from the low-end products to high-level forward, but also to develop their own internationally renowned brands, occupying high-end market.

Yiwu market economy to stable growth and further, we must seek new breakthroughs. To actively promote the transformation of local businesses, concerned about the trend of low-carbon economy, and encourage their independent research and innovation, the development of green energy saving products, guide enterprises to establish brand awareness, improve the technological content of export commodities and brand value.

Yiwu Factory has a long way to go. 

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