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October 18, 2018

Yiwu Fast

Though it took just ten years to produce the small commodity market first in China, even when the time entered the 21st century, when the wave of e-commerce was just filming, Yiwu people seemed to have no response. Wang Wei, an associate professor at the Entrepreneurship College and also E-Commerce College of Yiwu Business and Technology College, advised Xinmin Weekly: At first, Yiwu merchants didn't know e-commerce, and also rejected it. They believed that the e-commerce institution had robbed them of their accumulation for several years. The company of a physical shop. "The Yiwu authorities is awakened at the degree of embracing e-commerce. It is just relatively cautious at the beginning. Initially, Ali also came to Yiwu to chat about a few cooperations, however, they did not talk about it." But, with the growth of the industry, Many advantages like the increase in timeliness and cost reduction brought about by e-commerce have gradually emerged. Many merchants have begun to"eat crabs" and the government is still gradually studying how to let e-commerce land. The times produce heroes. In the international financial chaos in 2008, bodily company was struck hard, and now the doorway of e-commerce was"can not shut down." The Yiwu authorities took advantage of this trend and started to execute the"e-commerce exchange for the market." "Beginning in 2013, the Yiwu government made a decision to give free e-commerce coaching for 600,000 individuals. At that time, it was a street and a road training program. The promotion was very powerful." Wang Hao's colleague and director of the e-commerce teaching and research section of the college Qiu Yang Memories. Actually, Yiwu is the world's biggest distribution center and procurement foundation for small commodities. It has collected more than 1.7 million types of products for over 200,000 consumer goods manufacturers, and has unparalleled online resources in other areas. When the original developed little commodity trade encounters the golden path of e-commerce, combined with the promotion of policies, the advantages are apparent. Based on statistics, now, 70% of the nationwide retail network merchants come in Yiwu marketplace, and the proportion of wholesale network merchants is more than 80%. Its status has changed in the initial"conclusion of physical company" into the current dominant; the bodily stores opened in the Yiwu marketplace have grown power. An endorsement and also a sort of support for the virtual market. The information also proves this point: Considering 2013, Yiwu online trades have outperformed physical trades concerning amount. In 2017, the e-commerce trade volume was 222 billion yuan, also a massive growth of 25.3%. Currently, Yiwu's e-commerce accounts surpasses 278,000, and the city's e-commerce supporting sectors such as photography, generation functionality, innovative design, advertising, talent training, and third party warehousing have attained agglomeration development. The Yiwu authorities has made a formal"Yiwu buy" e-commerce platform, enabling all merchants in the neighborhood physical marketplace to settle in, and supplying them with training, technology and other support to reach whole protection of e-commerce. Moreover, diversified third-party e-commerce platforms have been settled in Yiwu, in addition to Tmall, Taobao, Jingdong, there are several more, only Vipshop, Beibei, Gome, Suning, etc., as well as pure mobile Such as the micro mall and so on. According to the data of Yiwu Business Bureau, the entire number of online merchant accounts of the significant e-commerce platforms exceeded 278,000. and Chenghai toys The developed international trade in Yiwu has developed more quickly following the"Belt along with Road Initiative" initiative. Yiwu opened the"Yixin Europe" global freight train, and started the pilot train. A Class B bonded logistics centre, a cross-border e-commerce public oversight center along with a cross-border bonded import e-commerce oversight center have already been established. Based on data in the Yiwu Public Security Bureauin 2017, Yiwu has a total of 13,000 foreign friends from 199 countries and regions around the globe working and living for a long moment. A number of them have already integrated into the market. In the current market and roads of Yiwu, individuals from different countries with different skin colors can be observed anywhere, and a few are drifting back and forth on electric vehicles with Chinese characteristics. Yiwu has become an"international business card" at China. On December 4, 2015,'' President Xi Jinping especially mentioned at the China-Africa Entrepreneur Conference held in Johannesburg, South Africa :"Back in Zhejiang Province where I have worked, there's a little city named Yiwu, which is known as the world's'commodity funds'. There are now thousands of African American businessmen stationed there to participate in China-Africa trade." Even though the geographical place isn't unique, logistics contributes to Almost every corner of the world."

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Yiwu: the Town of the Marketplace

In case you have yet to be to Yiwu's market in person, it's tough to know why this small county-level city in Zhejiang Province has the standing of"the first marketplace in China" and"the world capital of little commodities". They're all connected to each other. If they just comply with a street in a particular layer of the current market, they won't quit at any retailers and walk through a complete trade city. It requires over 3 km to travel, and it takes nearly an hour. Moreover, the market has a total of multiple layers, and every floor has many criss-crossing paths. It's virtually an"impossible task" to read. The merchandise are dazzling, sparkling, and also the individuals of all countries are bustling and lively. And this is not all the shops in the Yiwu Small Commodity Market. At the identical moment, there are lots of e-commerce transactions that aren't visible and are happening at any time. Who can believe that 40 decades ago, it had been once without the marketplace; now, the"Iwu wonder" is remarkable.

This compilation has been swayed in the hands of Yiwu's traders in the Qianlong period of the Qing Dynasty. They picked the brown sugar from the neighborhood specialty products and changed the chicken feathers for each household to make a"knocking sugar candy". Do the stunt to market the money, the bad will visit the ground to generate fertilizer. The"Golden Spring and Autumn" of"Chicken and Sugar" lasted until the late 1970s.

At that moment ,"Knocking Sugar" discovered that changing poultry feathers with little commodities was significantly more popular than rapping sugar for chicken feathers. Because of this, from the local market of the Sanli marketplace, many small commodity dealers started to be active. At exactly the exact same time, precisely the exact same marketplace was established in Xianqian Street along with Beimen Street in the town. At that time, China's reform and opening up had just begun, and the amount of implementation and understanding of policies wasn't the same everywhere. In Yiwu, farmers' trade in commodities still needed to be set in the incorrect name of"speculation."

Seeing the people's business requirements, the Yiwu administration division was still trying to acquiesce to the occurrence of farmers' dealers. Farmers who travelled to other places to do business could visit the Trade and Industry Bureau to handle the"temporary license for small department stores to swap sugar for chicken feathers". But if you want to set up a booth at the county, you will inevitably be banned.

The young girl He Haimei endured from this kind of problem. Her family's income is meager and it's difficult. Back in 1982, her brother came home from the military to visit relatives and attracted more than a dozen championships. She thought that these postcards could be sold at the entry of the cinema, also there may be more money to make it! The end result was really sold out very quickly. She believed that she would buy it and sell it. After three days, she earned 32 yuan, which had been a big sum of money at the time. I thought the sweetness of doing business. She moved to market other things. Because of this, she offered nylon socks on the road daily. The county authorities seized the current situation and the goods were all confiscated. She stumbled on the side of the road for quite a lengthy time, and later saw Xie Gaohua, who was then secretary of the Yiwu County Party Committee, coming far away. She immediately rushed to stop him and asked him using a high voice"Why not let's do business?"

To prevent Xie Gaohua, the regional farmers who delivered the same questions weren't only He Haimei. Seeing the people's urgent desire to improve their lives through business, Xie Gaohua along with the county party committee and county police leaders took the danger of policy and made a decision to start the small commodity market. At the conference to declare this policy, He Haimei lose tears along with enthusiasm.

Determined by the hesitation of these people and the direction, Yiwu rushed to get a path to come up with the little commodity market from the cracks of the policy at that moment. Later, he proposed"enabling farmers to conduct business, allowing long-distance trafficking, letting the launching of urban and rural markets, and enabling several channels." The"four permissible" contests let the natives to start worrying and start their arms to conduct business.

At that moment, in the city of Yiwu County, the director of the Industrial and Commercial Office predicted on the merchants to"help" to perform business together, and the excitement of these people was large. On September 5, 1982, the authorities set up two rows of easy booths with cement slabs to create up the Huqingmen Haberdashery Market from the first-generation market in Yiwu, Choucheng Town. In 1984, the county management of Yiwu County proposed that the motto: Xingshang County. In September 1986, the third-generation Yiwu Small Commodity Market at Chengzhong Road has been completed and started with 4096 stationary stalls and more than 1,000 temporary stalls. Two decades later, Yiwu withdrew in the county.

The small commodity marketplace in Chengzhong Road is becoming more and more famous throughout the country, and merchants from all around the world are flocking. Since that time ,"China's biggest town" has a good reputation.

In November of the year, the very first large-scale indoor economy in Yiwu, which has more than 15,000 booths, started its market, which is thought of as the fourth-generation market. It's become China's latest internationalization and also the most updated small commodity industry. Even the International Trade City and the Gion Market together with the global production materials marketplace started in 2013, are believed by local people to function as fifth-generation marketplace of Yiwu Small Commodities. As of 2017, the entire number of commercial components reached 75,000, along with the entire small business area surpassed 5.5 million square meters. Rice, the annual turnover reached 122.6 billion yuan.

Yiwu Small Commodity City has been not just China but the entire world. "Building the world's largest supermarket and building an worldwide shopping paradise" is not only a local development concept, but also a reality.

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