high quality and inexpensive! The world’s largest small commodity wholesale market, in Yiwu, China!

       CCTV’s financial and financial media activity “Hundred Years and Hundred Cities” came to Yiwu, Zhejiang Province. Yiwu, located in the middle

of Zhejiang Province, is known as the “Capital of Small Commodities in the World” and a pilot area for China’s comprehensive reform of international

trade. These two days, the 27th Yiwu International Small Commodities (Standards) Fair is being held. 

      Yiwu Small Commodity Market was founded in 1982, with a business area of more than 6400000 square meters and 75000 business locations.

It is called the “largest small commodity wholesale market in the world” by the United Nations, the World Bank and other authoritative institutions.

The annual “Yiwu Fair” is the economic and trade activity that best reflects the characteristics of Yiwu’s small commodities.

       Starting from exchanging chicken feathers for sugar and setting up roadside stalls, Yiwu’s development has gone from “making things out of

nothing” to “turning stone into gold”. A small straw can play tricks and become the first in the world. Today, the leading enterprises of Yiwu straw

have an annual output of more than 7000 tons of straw, with an output value of nearly 200 million yuan. They have two thirds of the patents in the

global plastic straw industry, and set the industrial standard for the global straw industry.

         Now, with the implementation of the the Belt and Road initiative and the opening of the Yiwu Xinjiang Europe China railway train, Yiwu is

changing from “selling globally” to “selling globally”. Thanks to the convenience of source procurement and customs clearance, imported goods

can also be cheap and high-quality. Since this year, 1075 “Yixin Europe” China EU trains have been operated, up 51.8% year on year. According

to the latest data, the total value of foreign trade import and export of Yiwu in the first three quarters of this year was 272.69 billion yuan, up

18.0% year on year.