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14<br />

BIZ CHINA SOURCING ALL AROUND CHINA<br />

FOCUS ON CHINA / 04 / 2011<br />

FOCUS ON CHINA / 04 / 2011 SOURCING ALL AROUND CHINA BIZ CHINA 15<br />

TIPS<br />

Opened on 29 November, 1995, B<strong>in</strong>wang Market is one of the<br />

three ma<strong>in</strong> markets of this Ch<strong>in</strong>a Commodity City. It is located <strong>in</strong><br />

No 158, B<strong>in</strong>wang Road, Yiwu City. B<strong>in</strong>wang Market, consists of<br />

five trade districts and one <strong>in</strong>ternational trade center, has more<br />

than 9000 booths, over 20,000 employees. The ma<strong>in</strong> bus<strong>in</strong>ess<br />

l<strong>in</strong>es cover <strong>com</strong>modities of 16 different <strong>in</strong>dustries <strong>in</strong>clud<strong>in</strong>g<br />

apparel, knitt<strong>in</strong>g underwear, neckties, woolen yarn, towels,<br />

leather, textiles, lace, bedd<strong>in</strong>gs, non-staple foods, dried fruits,<br />

confection, roasted seeds & nuts, grocery and furniture etc.<br />

YIWU<br />

Basic Facts<br />

Yiwu is a city of about 1.2 million people <strong>in</strong> central Zhejiang Prov<strong>in</strong>ce near the central eastern coast of Ch<strong>in</strong>a. The city<br />

is famous for its small <strong>com</strong>modity trade and vibrant free markets and is a regional tourist dest<strong>in</strong>ation. Although Yiwu is<br />

a county-level city under the jurisdiction of J<strong>in</strong>hua, it is more well-known than J<strong>in</strong>hua nationally and <strong>in</strong>ternationally.<br />

Re<strong>com</strong>mended Companies<br />

Yiwu Small Commodities<br />

The <strong>com</strong>modity <strong>in</strong>dustry has been lead<strong>in</strong>g<br />

<strong>in</strong>dustry <strong>in</strong> the regional economy. The Yiwu<br />

market has been an <strong>in</strong>ternational <strong>com</strong>modity<br />

distribution center and the important base for<br />

foreign merchants to purchase <strong>com</strong>modities.<br />

Currently, the Yiwu <strong>com</strong>modity market covers<br />

an area of 1.5 million m2, and has 40,000 stores,<br />

<strong>com</strong>pris<strong>in</strong>g 28 categories and about 200,000<br />

varieties of daily goods.<br />

The <strong>in</strong>dustrial economy is rapidly strengthen<strong>in</strong>g,<br />

and currently has developed and is exploit<strong>in</strong>g<br />

<strong>in</strong>dustrial park areas of 64 square kilometers,<br />

with more than 1300 enterprises. It has also<br />

cultivated a group of predom<strong>in</strong>ant <strong>in</strong>dustries,<br />

scale enterprises and famous products of socks,<br />

ornaments, zippers, cosmetics, shirts, cultural<br />

articles, pen-mak<strong>in</strong>g, toys, etc.<br />

Established <strong>in</strong> 1993, Zhejiang Jiayan Daily Commodity Co., Ltd. is one of Ch<strong>in</strong>a's largest<br />

and most professional manufacturers specializ<strong>in</strong>g <strong>in</strong> plastic straws and wet tissues.<br />

They are able to output 800 conta<strong>in</strong>ers of plastic straws and 200 conta<strong>in</strong>ers of wet<br />

tissues per year.<br />

Showroom: http://jyrypgs.en.made-<strong>in</strong>-ch<strong>in</strong>a.<strong>com</strong><br />

Yiwu VIFA Imp. & Exp. Co. Ltd. offers extensive best sell<strong>in</strong>g quality dollar items and stocks to<br />

dollar store owners, importers, supermarket cha<strong>in</strong> stores to over 20 countries rang<strong>in</strong>g from<br />

automotives accessories, electronics gifts, household, hardware to kitchenware, outdoors,<br />

pet items, and stationery.<br />

Showroom: http://vifach<strong>in</strong>a.en.made-<strong>in</strong>-ch<strong>in</strong>a.<strong>com</strong>

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