The Yiwu China Commodity City, an
export base of small commodities in eastern China, has
been leading China's industrial product wholesale market
in terms of business volume for 15 years, according to
the local government.
The market in Yiwu, a small inland county-level city in
east China's Zhejiang Province, had 28.8 billion yuan
(3.6 billion U.S.dollars) of sales in 2005, the highest
among all the wholesale markets nationwide, government
sources said.
The Yiwu China Commodity City built 22 years ago has
50,000 booths, collecting 320,000 kinds of goods in
1,502 categories from 34 industries.
Qiu Zengfa, head of the Yiwu administration for industry
and commerce, said more than 8,000 businessmen from
about 170 countries and regions around the world are
living in this county-level city for business, and up
to 200,000 foreign businessmen come here each year,
making the bulk buy of small commodities to sell all
over the world.
Source:Xinhuanet
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