Frequently asked question

Yiwu News

Yiwu export agent » Yiwu news

Yiwu Will Build New Market
30 April, 2011

At present, Yiwu’s development is at a crucial point of transformation and upgrade. Yiwu seizes the opportunity of international trade comprehensive pilot reform so as to size up the situation and put forward the concept of building the international production material market. According to the initial ideas, the international production material market will offer 6 modules, including massive data storage and information processing center, supply of raw and auxiliary materials, supply of complete set of machinery and equipment, supply of spare parts and assembly, supply of measuring tools, and “Yiwu index” information releasing platform, etc. Through 10 years of efforts, Yiwu will build the new market group which has a total area of 12 square kilometers and corresponds to the International Trade City.In order to speed up the transformation and upgrade of Yiwu market and the construction of international production material market, Yiwu respectively establishes the cooperation mechanism with Policy Research Office of the State Council, International Trade and Economic Cooperation Institute of the Ministry of Commerce, Institute of Computing Technology of CAS, Institute of Industrial Economics of CASS, Xinhua News Agency, Zhejiang University, Zhejiang Provincial Party School, etc.

The experts taking part in the seminar point out that Yiwu is a microcosm of China's industrialization development. Yiwu international trade comprehensive pilot reform has risen to the national strategic level, and Yiwu will play a leading role in a higher level in the next 30 years.