Yiwu Wholesale Market: The Rise of the World Supermarket

Airplane models, dolls, jewelry, handicrafts... Almost all the small commodities you want can be found in the international trade city of yiwu small commodity wholesale market. On the Internet, you can also find these dazzling small commodities, but 70% of them are from Yiwu.

1. Yiwu wholesale is already a well-deserved capital of small commodities in the world

From the reform and opening up of street hawking, to outdoor markets, to today's huge international trade city, Yiwu, with a permanent population of less than 2 million, can be named the capital of small commodities, which stems from Yiwu's hard-working spirit of "changing chicken feathers for sugar" and daring to try.

This spirit has continued to this day 39 years later. When the physical market was hit, Yiwu took the initiative to reform again, embraced the Internet, took the route of high-tech industry, empowered Yiwu smart manufacturing, and determined to create a new world optoelectronic capital.

2. Yiwu small commodity wholesale market: the rise and prosperity of world supermarkets

In 1982, the first generation road market in Yiwu-Huqingmen small department store market in Choucheng Town was born, thus taking the first step of Yiwu small commodity market.

After the small commodity market in Yiwu has developed to a certain extent, Yiwu people are unwilling to be only "porters" to make the difference in commodity prices, which has led to the birth of one after another processing enterprises. By the late 1980s, Yiwu had more than 2,000 family workshops in the "front store and rear factory" style, supplying itself for itself.

"This kind of trade-industry linkage has laid the foundation for Yiwu's industry. It is these active production companies that have allowed the Yiwu market to grow explosively." said Huang Shilin, deputy director of the Yiwu Municipal Bureau of Commerce.

With the support of the manufacturing industry, Yiwu's small commodity market has undergone multiple generations of upgrades, and eventually became a "world supermarket". Today's Yiwu International Trade City has an overall business area of more than 4 million square meters, which is larger than 560 standard football fields, and the total number of merchants has reached 75,000.

Someone once calculated that it would take a year and a half to visit the entire market for a three-minute stay in front of each booth in the Yiwu Small Commodity Market, based on 8 hours a day.