About Yiwu Commodity Market
(1)Founded in 1982, Yiwu Commodity Market is one of the largest commodity export bases in China, which owns 5.5 million square-metered business areas, more than 75 thousand offline shops 1.8 million kinds of commodities, and attracts more than 210 thousand daily visitors. It is named as "the world’s largest small commodities wholesale market" by the United Nations, the World Bank, Morgan Stanley and other authoritative organizations.
(2)Yiwu Commodity Market’s goods exported to 219 countries and regions. Each year more than 570 thousand standard containers have been exported. There are 3,059 permanent representative offices of foreign enterprises, and the number of resident foreign businessmen has exceeded 13 thousand. The UNHCR (United Nations High Commissioner for Refugees), Ministry of Foreign Affairs and other institutions have established procurement information center in Yiwu Commodity Market.
(3)Since 2006, Ministry of Commerce of the People’s Republic of China has issued Yiwu-China Commodities index and the industry standard of "Commodities Classification and Code" successively, which means Yiwu Commodity Market has got more decisive rights on prices and standards in the worldwide commodities trading.