Many people are asking where is Yiwu, what Yiwu has and How to come to Largest trading city for small commodities in China?
Yiwu is located in the central part of Zhejiang Province, a province on the southeast coast of China.
It is 300 kilometers from Shanghai, the largest city in China, and 120 kilometers from Hangzhou, the capital of Zhejiang province.
In this post, we will uncover the secrets about Yiwu city in the following chapters. Enjoy reading!
Table of content
Chapter 1: Where is Yiwu City?
Chapter 3: How to come to Yiwu?
Chapter 4: What is Yiwu Wholesale Market?
Chapter 5: List of All Wholesale Markets in Yiwu
Chapter 6: Find the best Yiwu sourcing agent
Chapter 7: Frequently Asked Question about Yiwu
Table of Contents
Chapter 1: Where’s is Yiwu City?
Yiwu City, affiliated to Jinhua City, Zhejiang Province, was called “Wushang” in ancient times.
Jinhua-Yiwu (Zhezhong), Hangzhou (North Zhejiang), Ningbo (East Zhejiang), and Wenzhou (South Zhejiang) are among the four regional central cities in Zhejiang.
The central part of Zhejiang Province is located in the east of Jinqu Basin, surrounded by mountains in the east, south and north.
It is 58.15 kilometers long from north to south and 44.41 kilometers wide from east to west, covering an area of 1105.46 square kilometers. As of 2019, the registered population of Yiwu City was 836,000, with a regional GDP of 142.11 billion yuan.
It has been awarded as China National Sanitary City, National Environmental Model City, China Excellent Tourism City, National Garden City, National Forest City, and Civilized Demonstration City in Zhejiang Province, etc.
Forbes released the ranking of the 10 richest county-level cities in China in 2013.
The first. Yiwu is the world’s largest small commodity distribution center, and has been identified as the world’s largest market by international authorities such as the United Nations and the World Bank.
Chapter 2: Why Yiwu City?
You may ask why do buyers love Yiwu markets and what makes it different?
In Yiwu markets, you can find practically anything you can see or imagine on earth. Of all the 500,000 varieties of products in the world identified by the UN, more than 300,000 varieties are available in the Yiwu markets.
Most of the sellers in the Yiwu market are factory direct, allowing you to enjoy very low factory prices.
Unlike Guangzhou or Dubai, where buyers are generally required to purchase container loads to receive favorable prices, the minimum quantity in Yiwu starts with just 1 carton, and you still receive the wholesale prices.
Yiwu market products are perfect for supermarkets or dollar stores. Yiwu is the best place to buy dollar store items and dollar products, pound items, 99 cent store items, department store/clearance store discount products, extreme value retailers, retail stores. gift and pet stores.
With MOQ less than 1 carton, the Yiwu agent can help you consolidate more than 500 varieties of products in one container.
Many shoppers find Yiwu the best haven for dollar items, dollar store items, or 99 cent store items.
Chapter 3: How to Come to Yiwu?
1. Come to Yiwu by Air
There are about 20 flights connecting Yiwu with:
Hong Kong, Taibi, Bangkok, Beijing, Guangzhou, Shenzhen, Kunming, Chongquing, Jieyang, Zhengzhou, Haikou, Shenyang, Zhuhai, Sanya, Tianjin, Wulumuqi, Dalian and Chendu, etc.
2. Come to Yiwu by Highway
Yiwu is on Hangzhou-Jinhua-Quzhou and Jinhua-Ningbo expressways, near 03,20,37 provincial roads. Yiwu is only a 1.5-hour drive from Hangzhou, a 3-hour drive from Shanghai, and a 1-hour 30-minute drive from Ningbo.
3. Come to Yiwu by Train
311 trains (204 high-speed trains) stop daily in Yiwu. Yiwu is 6.5 hours from Beijing and Guangzhou, 1.5 hours from Shanghai and 0.5 hours from Hangzhou.
If you are traveling from your country to Yiwu, you can first fly to Hong Kong, Guangzhou, Shanghai or Hangzhou, then take another way to get to Yiwu.
4. The best way from Hong Kong to Yiwu:
- Fly from Hong Kong to Yiwu for about 2 hours: one flight every Tuesday and Saturday.
- Fly from Hong Kong to Hangzhou Xiaoshan Airport, then take the Airbus from Xiaoshan Airport to Yiwu.
5. The best way from Guangzhou to Yiwu:
- Fly from Guangzhou to Yiwu about 1 hour 40 minutes: four flights every day.
- Take the high-speed train from Guangzhou South Railway Station to Yiwu: about 6.5 hours to get to Yiwu.
6. The best way from Shanghai to Yiwu:
- Private car rental from Shanghai Pudong airport to Yiwu: about 4 hours, cost about USD120.
- Take the express bus from Shanghai Pudong airport to Yiwu: about 4 hours, cost about USD20
(There are 5 buses every day from Shanghai Pudong Airport to Yiwu: 8: 50,11: 30,14: 10,17: 10,18: 40)
- Take the high-speed train from Shanghai Hongqiao Railway Station to Yiwu: about 1.5 hours to get to Yiwu.
7. The best way from Hangzhou to Yiwu:
- Take the express bus from Hangzhou Xiaosha Airport to Yiwu: about 1.5 hours, it costs about USD10.
(There is a bus every 0.5 to 1 hour from Hangzhou Xiao Airport to Yiwu, from 6:00 AM to 6:25 PM)
- Private car rental from Hangzhou Xiaosha Airport to Yiwu: about 2 hours, cost about USD50.
When you arrive at Yiwu airport / train station / bus station, we can arrange transfer from there to your hotel for free.
Note: The above traffic information is for reference only, please check the specific details on the site or contact us by email for more information.
8. Yiwu Downtown traffic
The traffic in downtown Yiwu is very convenient. You can take a taxi or take the bus to the place you want, be it the factory or the commodity market.
The flagging fee in Yiwu is 8 yuan (including the 3 yuan bunker adjustment factor). If it is a shared ride, you can get a cheaper price.
For your reference, it will take you about 40 yuan from the newly built Yiwu train station to the commodity market by taxi, but if you share a taxi with others, it will be 10-20 yuan cheaper.
The other way to take a trip in Yiwu is by bus. Yiwu bus can take you wherever you want, such as the commodity market, hotel, trading company, or factory you want to visit.
9. Yiwu Long Distance Bus
Yiwu long-distance bus is very convenient, including Hangzhou – Jinhua – Quzhou highways, Yongjin expressways.
The truck service spread hundreds of cities directly such as Beijing, Shanghai, Suzhou, Hagzhou, Ningbo, Shaoxing, Qingdao, LianYungang, Nanjing, Shi Jiazhuang ect.
The express bus from Hangzhou Xiaoshan Airport to Yiwu is only 1.5 hours.
Chapter 4: What is Yiwu Wholesale Market?
when it comes to Yiwu city (义乌市), it refers to the famous wholesale market ” The International Trade City ”, or Futian market.
Historically, the market was very small, today with the development of Yiwu City, it has become what you see now, a huge, modern, and international wholesale market.
The market is divided into 5 districts covering an area of 4.5 million square meters for 75,000 stands where more than 100,000 suppliers exhibit and more than 400,000 types of products.
1. District 1 of the City of International Trade
City I International Trade Zone was established in October 2001 and officially launched on October 22, 2002. It covers an area of 420 mu, with a construction area of 340,000 square meters and a total investment of 700 million yuan.
There are more than 9,000 booths and more than 10,500 commercial entities. There are more than 9,000 booths and more than 10,500 commercial entities in total.
The first-floor deals with flowers and toys, the second floor with hair ornaments, jewelry, and accessories.
The 3rd floor, mainly sells festive crafts, decorative crafts, porcelain and crystals, photo frames, and accessories components, the 4th floor they are factory outlets.
| Floor | Product category |
|---|---|
| District 1-1F | Inflatable Toys, Electric Toys, Ordinary Toys, Stuffed Toys, Artificial Flowers, Artificial Flower Components |
| District 1-2F | Jewelry & Accessories, Hair Ornaments |
| District 1-3F | Porcelain and Crystals, Parts for Accessories, Photo Frames, Tourist Crafts, Decorative Crafts, Festive Crafts |
| District 1 east-1F | Ornament Accessories |
| District 1 east-2F | Ornament Accessories |
| District 1 east-3F | Ornaments |
2. District 2 of the City of International Trade
Inaugurated on October 22, 2004, the International Trade City II (District F and G) occupies 483 Mu, more than 600,000 m2 of construction area, more than 8,000 stands, and commercial entities exceed 10,000.
The first floor takes care of suitcases and bags, umbrellas, ponchos, and packaging; the second floor deals with hardware tools and accessories, electrical products, locks and vehicles.
The third floor takes care of the kitchen and sanitary articles, small electrical appliances, telecommunications devices, electronic instruments and equipment, clocks, etc .
The fourth floor is the manufacturer’s outlet center and other boutique shopping areas, on the fifth floor, there is a supply and service center for foreign trade; On the 2-3 floor of the central hall.
There is a centralized shopping center and a museum for the History of the Development of Chinese Commodities.
|
Floor |
Product category |
|---|---|
|
District 2-1F |
Ponchos, Wrappers, Umbrellas, Bags, Suitcases |
|
District 2-2F |
Hardware tools, components, locks, electrical engineering products |
|
District 2-3F |
Clocks, watches, small household appliances, kitchen and sanitary hardware, telecommunications supplies |
|
District 2 east-4F |
Electronic instruments, cameras, batteries, lamps, lamps, flashlights, electronic products, clocks, watches, shop bags, suitcases. |
3. District3 of the City of International Trade
The International Trade City III (District H) has 460,000 m2 of construction area, more than 6,000 standard stands of 14m2 on floors 1-3, more than 650 stands of more than 50 m2 on floor 4-5 and points of manufacturers sale on the fourth floor.
Industries in the market cover cultural products, sports products, cosmetics, eyeglasses, zippers, buttons and clothing accessories.
| Floor | Product category |
|---|---|
|
District 3-1F |
Spring Festival Pictures, Spring Calendars and Couplets, Pens and Inks / Paper Products / Glasses. |
|
District 3-2F |
School and office supplies / Sports supplies / Sports and leisure products / Educational toys |
|
District 3-3F |
Cosmetics / Accessories Parts / Mirrors and combs / Buttons / Zippers / Clothing accessories |
|
District 3-4F |
Buttons / Zippers / Clothing accessories / Cultural and sporting goods / Cosmetics |
|
District 3-5F |
Painted images |
4. District 4 of the City of International Trade
The construction work of the International Trade City IV began in October 2007, which covers a construction area of 1.08 million square meters, with more than 16,000 booths in the market.
The first floor of the market sells socks and leggings; the second floor sells general merchandise, gloves and mittens, hats and caps, other knitted and woven articles.
The third floor sells shoes, threads and strings, lace, ties, wollen yam, towels; the fourth floor sells bras, underwear, belts, scarves; the fifth floor are factory outlets and a tourist mall.
|
Floor |
Product category |
|---|---|
|
District 4-1F |
Socks |
|
District 4-2F |
Daily Consumables, Hat, Gloves |
|
District 4-3F |
Shoes, Thread, Ribbons, Towels, Tie, Lace, Threads |
|
District 4-4F |
Scarf, Belt, Lingerie, Underwear |
|
District 4-5F |
Manufacturing Point of Sale Center, Tourist Mall |
5. District 5 of the City of International Trade
The international trade market 5 started on May 5, 2011. The international trade market 5, located on CHENGXIN avenue, north of YINHAI Rd.
Neighboring provincial highway No.37 and the fourth district of the city of international trade to the west, enjoys convenient transportation and unique geographical advantages.
It covers a land area of 266.2 mu, and a construction area of more than 640,000 square meters, with a total investment of 1.42 billion RMB.
|
Floor |
Product category |
|---|---|
|
District 5-1F |
Imported food and health products, Clothing and footwear, Handicrafts, African products center, Other imported |
|
District 5-2F |
Bedding supplies, party products, crafts |
|
District 5-3F |
Curtains, Knitting fabric, Knitting raw material, Party products |
|
District 5 4F |
|
|
District 3 5F |
Painted images |
Chapter 5: List of All Wholesale Markets in Yiwu.
1. Huang Yuan Market
Yiwu China Commodity City, Huangyuan Garment Market, which is located in the most prosperous region in Yiwu-Xiuhu Lake Business District with a total market area of 78,000 square meters, building area of more than 420,000 square meters and a total investment of 1.4 billion yuan.
Huangyuan garment market has more than 5,000 stalls ， It officially started business on May 5, 2011, in response to the trend of internationalization, brand development and diversification of the garment market.
The garment market of Huangyuan is positioned to be a professional garment market, Huangyuan garment market distributes five optional categories on floors 1-5, including men’s and leather garments, women’s garments, children’s garments, pants and jeans, pajamas and cardigans and sportswear and shirts.
2. The layout of the Huangyuan garment industry
| Floor |
Product category |
|---|---|
|
Floor 1 |
Pants / Jeans |
|
Floor 2 |
Men’s clothing |
|
Floor 3 |
Women’s clothing |
|
Floor 4 |
Sportswear / pajamas / fleece sweaters / shirt |
|
Floor 5 |
Boy’s clothes |
|
Floor 6 |
South Korean Import Clothes |
3. Yiwu Production Materials Market
What exactly is sold in Yiwu Production Materials Market (Yiwu International Goods Market)? How is the design different from that of Yiwu International Trade City?
The market applies the double first floor design. We can see the first floor from both sides of the building, which extends directly to the second floor by a wide canal.
The underground floor is a parking lot, while five floors above the ground involve ten industries. Between them.
Floor 1 to 3 is a large market similar to a shopping center, each floor consists of approximately 940 standard booths with 60 square meters of area.
Floors 4 and 5 are mainly open-level specialized streets, with a total of 800 stalls with an area of 80 square meters.
4. China Yiwu International Commodity Fair
China Yiwu International Commodity Fair (called “Yibo Fair”) was founded in 1995. It is an international consumer goods exhibition approved by the State Council of the People’s Republic of China and jointly sponsored by the Ministry of Commerce. and the People’s Government of Zhejiang Province.
It was held in Yiwu, Zhejiang Province from 21 to 25.
It was held for 23 consecutive sessions. The organizer of the 24th Survey Fair added the National Standardization Management Committee, and since then it became the first exhibition international in China to introduce standardized items.
Aiming to “face the world and serve the whole country”, Yibo Fair has distinctive exhibition characteristics, excellent level of internationalization, strong information function, perfect service system, health and safety protection, and remarkable achievements.
It has become the largest national scale. The most influential and most effective daily consumer goods exhibition is one of the top three export commodity exhibitions organized by the Ministry of Commerce.It has been rated as one of the ten most powerful import and export trade exhibitions in China, and the best management level in China.
China’s best exhibition (exhibition effect), the top ten most popular exhibitions, the best government-run exhibitions and China’s top ten most influential brand exhibitions, etc., and has been certified by the International Exhibition Union (UFI).
Chapter 6: Find the best Yiwu Sourcing Agent
1. Solve the communication impediment
Most of the suppliers in Yiwu market only speak Chinese, only few employees can speak English in basic level, even if you speak English, communicating with them is still difficult work.
Our Spanish speaking interpreters can help you communicate with suppliers fluently, you will never miss any details about the products.
2 .Track orders from multiple vendors
Track orders from several or even dozens of suppliers, and coordinate their delivery at the same time, finally filling the entire container with all the goods, as a third-party foreign trade company is an indispensable role.
Export agents can help clients solve various problems in the production of goods and communicate with clients in a timely manner.
They not only have the right to export, but also understand the whole export process, such as customs declaration and container transportation, etc. None of this can be done by a single provider.
3. Quality guarantee of goods
For a variety of reasons, such as negligence of factory workers, unstable production process, damage in transit, etc., goods delivered by individual suppliers will be defective.
Once these goods are exported, they will cause great economic losses to customers. Then finding the defective products before exporting them and returning them to the supplier is an extremely important issue.
The export agent will act as an independent external inspection agency to help you complete the work and ensure the safety of the quality of the products.
4. Make payments to suppliers
Almost 90% of the suppliers in Yiwu have no export license, they cannot receive USD from abroad, but the export agent could.
Another important issue is that the export agent could pay the suppliers after quality control; If any problem was found on the goods, they would never receive the balance until a problem was solved.
5. Storage: consolidate the goods in a single container
Yiwu local export agent collects the products from different suppliers in their warehouse, after quality control they load all the goods into one container and draw up the export documents (all in one invoice) for you.
It’s really that easy, you will deal with a single exporter, the export agent will deal with all your suppliers in Yiwu or other regions of China.
6. Business travel assistance
We can provide you with an invitation letter to apply for a visa at the embassy, and we can also book a hotel with the lowest price, because we have cooperation agreements with most of the hotels in Yiwu.
We can pick you up at the airport and take you to the hotel in Yiwu. If you need, in addition to visiting Yiwu market, we can arrange a visit to Yiwu factories for you.
Chapter 7: Frequently Asked Question about Yiwu
1. Why does Yiwu make sense for small buyers?
Yiwu is famous for its traders and they are generally quite friendly towards small buyers.
If you want to find off-shelf products ready to buy in relatively small quantities in China, then this is the place.
A Yiwu-based supplier can also act as a complement to your existing suppliers in China.
Many small businesses, especially e-commerce businesses, are in dire need of fillers so they don’t empty their stores.
This is an example of when Yiwu is worth a visit.
2. How to get to Yiwu International Trade City?
There are no international flights to Yiwu.
The easiest way to get there is to fly to Shanghai, then take the high-speed train.
EJET Info: It takes about 2.5 hours, and train tickets can be purchased at Hongqiao Station.
While you are in Yiwu there are a number of hotels in different price ranges.
If you want something more upscale then you might want to consider the Crowne Plaza or the Tian Heng International Hotel.
3. Do i need a visa to visit Yiwu?
Yiwu is located in mainland China, where most nationalities require a visa.
The only two cities that do not require a visa are Hong Kong S.A.R.A.R. (90 days) .
EJET Note: You can apply for a business visa or a tourist visa at the Chinese embassy or consulate in your country. It is very easy to get a visa, but you have to plan ahead.
4. Should I find an agent in Yiwu?
It is one thing to find a supplier with interesting products. It’s completely different from negotiating the price, settling the payment, and shipping the products home.
This is when a Yiwu agent might make sense. A Yiwu agent acts as purchasing manager and accompanies you during your visits to suppliers.
After making a selection of products and deciding on the quantity of your purchase, the Yiwu agent coordinates the sourcing process and ensures that all the cargoes are put together into one shipment.
EJET Tip: This is especially important when buying from multiple vendors, as multiple small shipments can cost significantly more than a single large shipment.
Apart from that, a Yiwu agent should also make sure that the wholesalers are providing you with the right products and in the right quantity.
This is not as obvious as it might seem to some Chinese wholesalers. Most Yiwu agents work at a commission rate, This means they charge a percentage based on the order value.
This percentage usually ranges from 2% to 8%, depending on the value of your order. For natural reasons, the percentage commission gets smaller the more you buy.
Caution: Keep in mind that the agent’s role is only to negotiate the price and administer the terms of the order.
It is up to you to verify that the products meet your requirements for quality, safety standards and labeling in your market.
5. Are Yiwu wholesalers manufacturers or traders?
Most of the wholesalers are not manufacturers, but trading companies that cooperate with factories in Zhejiang and Jiangsu Province.
This might not be a problem, but keep in mind that they might not have the products in stock, but they need to place an order with the manufacturer first.
Conclusion
We are EJET Sourcing, a sourcing company located in Yiwu. our company familiar with all things in Yiwu city, If you are planning to visit Yiwu or have any questions, we are at your service.
We are offering the best services from sourcing, Supplier Management, New Product Development, Product Branding Service, On Ground Sourcing, Quality Control, Amazon FBA Prep Service, Warehousing & Consolidation, and Shipping.
