Overview of Economic and Social Development in Yiwu City

Yiwu is located in the central part of Zhejiang Province and the eastern edge of the Jinyu Basin. The city area is 1,105 square kilometers. It has 6 towns and 8 streets, and the built-up area of ​​the central city covers an area of ​​102 square kilometers. Since the reform and opening up, Yiwu has persisted in and deepened the development strategy of “developing cities and building cities”, focusing on cultivating, developing and upgrading the market, vigorously promoting industrialization, internationalization and urban-rural integration, and has embarked on a regional development path with its own characteristics. Reform and opening up one of the 18 typical regions of the country.

In March 2011, the State Council approved the pilot of comprehensive reform of international trade, which is the only national comprehensive reform pilot in the county-level city.

Yiwu is a business city with unlimited business opportunities. Yiwu market has a business area of ​​more than 550 million square meters, with 75,000 business locations, 26 major categories and more than 1.8 million commodities. It has compiled and published the country's first “market credit index” and “small commodity classification and code” industry standards. Authorities such as the World Bank are regarded as the world's largest small commodity wholesale market. While promoting the continued prosperity of the main market, Yiwu e-commerce has shown a booming trend in the online market. The number of registered accounts in Yiwu exceeded 240,000. In 2015, the average daily shipments reached 1.7 million, an increase of 68%. The density of domestic trade network is ranked first in the country, and the density of foreign trade network is second only to Shenzhen in the country. The import trade has developed rapidly. The International Trade City has opened an import commodity hall of 100,000 square meters. It has introduced more than 100,000 overseas goods from more than 90 countries and regions, and built the African Product Exhibition Center and the ASEAN Product Exhibition Center. Imports of consumer goods increased by 105%.

Yiwu is an open city integrated into the world. Each year, nearly 500,000 foreign merchants are purchased from Yiwu, and more than 13,000 overseas merchants from more than 100 countries and regions are stationed in Yiwu. The products are exported to more than 210 countries and regions in the world, and the market extroversion is more than 65%. It has attracted more than 20 multinational retail groups such as Wal-Mart and Metro, and more than 30 domestic famous supermarket chains. The city has more than 5,300 foreign-related institutions, including more than 2,200 foreign-invested partnerships, accounting for 75% of the country. . It opened the operation of Yiwu, which is located in Yiwu, and has an open function platform such as Yiwu Bonded Logistics Center (Type B), Yiwu International Mail Exchange Bureau and Yiwu Cross-border E-commerce Supervision Center. The air port was officially opened, and international routes such as Yiwu to Hong Kong and Taiwan, Bangkok, Thailand and Seoul, Korea were opened. The railway port was approved for temporary opening. The foreign-related management service system has been increasingly perfected, and an international trade service center has been established to provide “one-stop” services for foreign businessmen. It plans to build three new districts, namely “Silu New Area”, “Lugang New District” and “Key Innovation Zone”, and strive to gather more high-end resource elements in the large-scale opening up pattern.

Yiwu is a vibrant entrepreneurial city. Yiwu has 13 national industrial bases, 1 national economic development zone, 1 provincial industrial park, and more than 26,700 industrial enterprises. A number of industry “single champions” have emerged, among which seamless underwear production accounts for global 30%, 80% of the country. The modern service industry such as exhibition, finance and logistics is developed. There are national exhibitions such as Yiwu Fair, Cultural Fair, China Expo, and Travel Expo. More than 80 professional exhibitions are held every year. The financial services are flexible and diverse, and the logistics are convenient and efficient, attracting more and more merchants to invest in Yiwu. Yiwu Logistics covers 321 prefecture-level cities across the country, forming a global logistics network that radiates domestically. It is the main inland port of the province and the largest LTL cargo loading center in the country. It is listed as an international dry port city by UNESCAP. Yiwu Customs and Ningbo Port and Shanghai Port have implemented one-stop customs clearance in cross-strait areas. Global express delivery companies such as FedEx and other global shipping companies such as Maersk have set up branches or offices in Yiwu.

Yiwu is an enterprising and innovative city. In addition to the State Council's approval of the pilot reform of comprehensive international trade, Yiwu has also been approved a number of national-level reform pilots, including the approval of a comprehensive pilot reform of the domestic trade circulation system, a comprehensive pilot project for new urbanization, and a national rural Reform pilot area, included in the national rural land system reform pilot, the country's first batch of social credit system construction demonstration cities, the state deepened infrastructure investment and financing system reform pilot, approved the implementation of e-commerce big data application statistics pilot, etc., has a superior first Try the policy environment first. Yiwu is the first pilot city in the country to carry out personal cross-border RMB business, the first county-level city in the country with the approval authority to invite foreigners to China, and the first county (city) in the province to have the authority to register and manage foreign trade operators. At the same time, actively promote the reform of the industrial and commercial registration system. It takes only three days to register a foreign-invested company in Yiwu, and only two days for domestic-funded companies. The implementation of the customs-free paperless customs clearance reform has greatly improved the efficiency of small commodity exports.

Yiwu is a charming and harmonious city. Yiwu has a long history and is known as the “hometown of culture”. The millennium history has formed the “Yiwu spirit” of “diligence, learning, integrity, integrity and tolerance”. The unique cultures such as Taoism, drama and martial arts have given the city a unique Charm. Yiwu does not deceive or exclude. People from different countries, different regions, different nationalities and different religious beliefs live in harmony in Yiwu and start businesses together. Foreign and foreign builders are invited to participate in community management and participate in the NPC and CPPCC sessions. The all-weather “grid” patrol system and the “city-wide real-time monitoring” system were established, and the satisfaction rate of the masses was over 98%. In recent years, Yiwu has won the honorary title of National Health City, National Environmental Protection Model City, China Excellent Tourism City, National Garden City, National Green Model City, and National Ecological City.

 "Small commodities ocean, shopper's paradise" - Yiwu, warmly welcome you!