Yiwu Builds Itself into a “Global Supermarket” with “One Belt and One Road”

In recent years, Yiwu has striven to develop its import trade. Imported Commodities Malls have been successively set up in International Trade Mart and Yiwu Non-staple Food Market, with more than 50 thousand commodities from over 90 countries. It is known that Yiwu Municipal People’s Government, with “One belt and One Road”, has planned to create Yiwu into a double-flow “global supermarket” of both export and import commodities, which will enable Yiwu not only “sell globally”, but also “buy globally. ”

Presently, Yiwu has attracted about 15 thousand permanent overseas traders from over 100 countries. Behind the import model of Yiwu, there are import platforms carefully constructed by local government, such as the “B-type bonded area” for exhibition of enterprises, which has already been checked and accepted by four state ministries at the end of 2014. The new international routes opened in recent years draw quick links to imported consumer products, such as the YXE cargo train, which has transported more than 6,000 kinds of European daily consumer products to Yiwu since May of 2014. Moreover, the flight route from Yiwu to Hong Kong has been opened, and flights from Yiwu to South Korea and Dubai will be opened sometime later.

At the just-ended 2015 China Yiwu Imported Commodities Fair, the 10 thousand overseas commodities exhibited have made Yiwu into a “window of world consumer products”. There are totally 1,500 enterprises participated in the fair, more than 80% of which are from countries and regions along the “One Belt and One Road”. Over 90% of the enterprises are from overseas, and the rest are from domestic free trade areas, bonded areas and professional import platforms.