infomation about market in yiwu city,zhejiang province,China
Yiwu is famous for its large wholesale market- China Commodity City (often shorted as CCC), which was honored by the UN, the World Bank and the Morgan Stanley amongst other world authorities in 2005 as the "largest small commodity wholesale market in the world". China Commodity City has three market clusters of International Trade Mart, Huangyuan Market and Binwang Market. The International Trade Mart(Futian market) is the main one and the biggest. Yiwu China Commodity City covers an area of 4.3 million square meters, with 62,000 booths inside. 100,000 suppliers exhibit 400,000 kinds of products almost every day from 9 am to 5 pm (except the holidays of Chinese Spring Festival ). The products are from around 40 industries and of 2,000 different categories. 65% of these products are exported to over 215 countries and regions. Yiwu China Commodity City is more like a permanent fair instead of a traditional wholesale market. It has developed into an information, innovation, exhibition and distribution center for consumer goods. It gives IT support inside the market, which is necessary for nowadays trade, and also offers a modern shopping-mall like infrastructure.