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Walking Aroud Every Business Place in Yiwu needs 120 Days
Source: Smile, www.AmandaIEC.com 7th, July 2008
There is a large billboard in the entrence of Yiwu Small Commodity Market. “ The sea of small commodity, the paradise for the shopper.” These words really illustrate the the market’s true meaning.
Yiwu is a city constructed on the base of the market. The maket covers more than 2.6 million square meters. More than 430,000 kinds of commodity are sold in the market. It has 50 professional market and 58,000 business places. It takes 120 days to walk around all the business places if you walk 8 hours a day and spend 1 minute in each. Yiwu market is regared as the world’s largest professional market for commodity by UN, World Bank and Morgan Stanley.
Now it will cost you a lot if go to Yiwu by plane. It’s all the fault of the business tour. To a businessmen this is a wonderful place for earning money. To a visitor, it will be very happy to bring back the things you like.
The goods here are various. So barging with the boss once you want it, if the price is good then buy it, otherwise you will always have the feeling that the next will be better and finally go back without anything. And the price for wholesale and retail is very different.
You can always see foreigners who speak in English, German,Russian,or Korean in the market. They sometimes seletect the goods carefully, sometimes bargin with the owner shrewdly. The properous market and the rich return facinate the foreigners come to Yiwu and fall in love with it.
Now, according to the offical statics, there are more than 10,000 foreign residents in Yiwu. There are also schools specilize for the children of the foreign businessmen. A taxi driver told the journalist that he once drove 22 foreigners one day.
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