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Yiwu Market is one of the largest wholesale markets in the world, located in Yiwu City, Zhejiang Province, China. Located in the middle of Zhejiang Province, about 300 kilometers away from Shanghai, it covers an area of 4.5 million square meters. Yiwu City is one of the most prosperous and developed cities in China and is often called the “Supermarket of the World”.
history
Yiwu Market was first born in the 1980s, when a group of local entrepreneurs decided to create a small commodity wholesale market. The market developed rapidly and by the early 1990s, had become one of the largest wholesale markets in China.
scale
The market has more than 75,000 shops and stalls offering more than 2 million products. Products range from small items such as toys, jewelry and accessories to larger items such as furniture and electronics. The market attracts millions of buyers from all over the world every year, making it an international trade center.
Advantage
One of the reasons why Yiwu Market is so popular is its efficient logistics system. The market is connected through a vast network of suppliers, freight forwarders and shipping companies, ensuring that goods are transported to their destination quickly and efficiently.
In addition to its wide variety of products, Yiwu Market is also known for its competitive prices, making it an ideal place for buyers to purchase goods in bulk. The marketplace also offers a wide range of services, such as translation and export services, to help buyers navigate the market and facilitate trade transactions.
Another advantage of the Yiwu market is its proximity to major ports such as Ningbo, Shanghai, and Shenzhen, allowing buyers to easily access international shipping routes. This allows buyers to import products from the market to their home countries easily, quickly and cost-effectively.