Yiwu Video_Yiwu Wholesale Market Video Introduction
Yiwu Wholesale Market Video Introduction
Firstly, Non-natives has lately exceeded natives by
seventy-four thousand, reaching 754,000. Secondly, Possessed with a history as a city for
less than 20 years, Yiwu has miraculously emerged into a biz spectacle in
China. Well, here I am in Yiwu. I am surprised
that such a small city as it is has its own airport. And I have been told that
quite a lot of money can be spent in this city. And I am just wondering how many
bags I should prepare to take home all my goods in.
This is Yiwu city, in Zhejiang Province. In a class of its own, this
inland city takes on the form of stretches of specialized commodity markets,
just this one behind me. What deserves close attention, however, is that fact
that there are around 5,000 foreign residents here, most of whom are
businessmen. I am certain that the inside stories of all these outsiders should
be very interesting. I am Victoria Hamilton. Welcome to this edition of
Rediscovering China.
Yiwu Video
In a sense, the whole city of
Yiwu can be seen as a megamarket . A business-related population of 160,000
handles a kaleidoscopic variety of commodities for daily use, such as
hardworks , ornaments,cosmetics, toys, knitwear, and timepieces, totaling
320,000 odd categories. Three business concentrations and over 20 specialized
streets are distributed throughout the city, measuring 1,500,000 square meters.
The products are exported to 200 countries and areas. Exports account for 50% of
the overall trade volume. I am sure I have seen the box like this before. I
understand around 80% of Christmas goods are exported from Yiwu to other
countries. And you can see it opens up into two boxes. It is beautiful and it
takes me to a Jane Austin era when all the ladies will be carrying their most
valuble possessions in a box like this. It is very obvious to see why foreign
businessmen come to Yiwu to work here, and make profit from here.
Today's Yiwu is a refined blend
of antiquity and modernity. Yiwu, as a county, came into being over 2200 years
ago. Locals used to earn a living as roaming peddlers through the system of
inter-regional barter, which dates back 600 years. Tiny-scale markets selling any
buyable objects formed at random. Yiwu, measuring 1,105 square kilometers,
almost the same size as Hongkong, richly deserves a second scrupulous look to
demystify its super rapid growth. Now, it is among the top 20 richest
county-level cities. It lies in the central part of Zhejiang, which is situated
in Southeast China and in the Shanghai economic circle. If there really is any
natural advantage to speak of, that would be the excellent transport service
revolving around Yiwu. Nowadays, Yiwu has a perfect environment and facilities
all tailored to a business-oriented city. China Yiwu International Commodities
held annually, attracts over 10,000 foreign businessmen. About 300 foreign
companies have located their agents here. The smell of business penetrates the
city of Yiwu. If truth be told, it has not been an easy task finding people who
can afford the time to be filmed, especially foreign businessmen. Almost
everyone has just one thing on their mind, getting rich
Khalid Ali, General Manager of
an import trading company, has set up his office in downtown Yiwu. It serves as
an agent representative of its headquarters back in Tunesia, where he is one of
the major shareholders,This Palestinian by birth moved to Yiwu in 1999. At the
time, he was attracted by the diversity of tools sold in the Yiwu market, like a
boy stepping into the corner shop in his own neighborhood, secretly amazed and
amused by the curiosities on the shelf. But that’s just the beginning of the
story. What finally halted his steps was the following: Yes, anyone can do
business in Yiwu for no special reason. Here is a street specializing in up
market dresses. Mr.Ali’s Chinese wife kills time by running such a shop. Now her
focus is on their son, loved dearly by her husband . Ali missed his Beijing
years when he was a young guy studying Chinese literature. Then, foreigners were
eye-catching rarities. But now, even Yiwu natives cut foreigners dead. But then
again, it is comforting to easily be able to get hold of anthentic coffee here,
which all comes along with the extraordinary social advances.