40th anniversary of Yiwu Market Construction: From Road Market to foreign trade legend

On August 10, the 40th anniversary of Yiwu Market Construction and the 2022 World Yiwu People’s Congress were held in Yiwu, Zhejiang province. On September 5,1982, Yiwu’s first generation commodity market opened quietly.

After 40 years of development, Yiwu has become the largest commodity market in the world. Over the past 40 years, through continuous reform and innovation, YIWU has created the “Inexplicable, Create something from nothing and Pots of Gold” Yiwu experience and achieved rapid development.

Wang Jian, member of the Standing Committee of Jinhua’s Communist Party Committee and Party Secretary of Yiwu, said that for 40 years, Yiwu had been firmly committed to the development strategy of “Building a city with businesses”, with five changes to its location and 10 expansions, the continuous development, expansion and promotion of the commodity market, the realization of the market from the road to the world supermarket, from unknown to well-known at home and abroad transformation. Keeping the market prosperous is the eternal theme of Yiwu.

“We need to deepen major reforms and create new impetus for market development. We need to build a big platform and open up new space for market development. We need to nurture big industries and provide new support for market development. We need to attract large investments and gather new players for market development. We need to build big cities and create a new environment for market development,” Wang said.

Today’s Yiwu market has become an important global gateway for small commodity manufacturing.

It has driven more than 20 industrial clusters and 2.1 million small and medium-sized enterprises across the country, and exported goods to 233 countries and regions, continuously exporting Chinese commodity quality, brands and standards to the world. In the“Made in Zhejiang” section of the standard theme hall of the 28th China Yiwu International Commodity (standard) fair held recently, a soccer ball catches the eye of tourists-coinciding with the quadrennial FIFA World Cup in Qatar, where everything from flags to soccer and jerseys is played, “Made in Yiwu” accounts for almost 70% of the entire Qatari World Cup merchandise market.

The soccer ball is the star product of“Made in Zhejiang”-an official-authorized souvenir soccer ball. “Made in Yiwu” to the world, from the continuous improvement of quality and brand. “Even though it is just a small football, as an official souvenir of the World Cup, it has strict requirements in terms of material, printing, roundness, air tightness, rebound height, impact resistance and water resistance,” said Wu Xiaoming, head of product manufacturer Yiwu Okai Sporting Goods Ltd. .

Now in Yiwu, as Wu Xiaoming do own-brand shops everywhere. From selling goods to producing and selling them, from imitation to innovation, from OEM to own-brand, the changes in Yiwu’s market form show the vitality of the city and reflect the pace of transformation and upgrading of China’s manufacturing industry.

At the same time, Yiwu market“Buy global, sell global” can not be separated from an important logistics channel-“Yixin Europe” china-europe train. From the initial export of small commodities, to today’s export of solar cell, auto parts and accessories, smart equipment, etc. , “Yi Xin Europe” classes with the “Yiwu” goods on board the quality of mention