国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Gadgets

Wholesale city riding wave of e-commerce

By Meng Jing (China Daily) Updated: 2014-05-07 10:38

The biggest market for small commodities in eastern China is going online for business expansion, reports Meng Jing in Yiwu, Zhejiang

If China is the world's factory, then Yiwu, about three hours' drive from Shanghai, is its wholesale market. Even those who have never heard of Yiwu might own a few items - handbags, shoes, some accessories - from there.

The small city in East China's Zhejiang province is home to China Commodities City, a sprawling place with as many as 75,000 vendors, which has been named by the United Nations, the World Bank and others as the " largest small commodity wholesale market" in the world.

Wholesale city riding wave of e-commerce
E-commerce brings new business to China Commodities City

Wholesale city riding wave of e-commerce 
China's Yiwu gears up for World Cup in Brazil
 
Like many other cities in eastern China whose economies are highly dependent on exports, the China Commodities City, with about 70 percent of its 68 billion yuan ($10.91 billion) in sales coming from abroad last year, has been hit by rising costs and dwindling overseas demand.

Moreover, the brickandmortar market, which is made up of five malls with a total area of 5.5 million square meters, has been challenged by the rapid rise of e-commerce players.

But instead of looking at its online rivals as a threat, China Commodities City has decided to turn the situation into an opportunity to upgrade its business model and strengthen Yiwu's leading position as a trade city in China.

In midApril, the market - which launched its e-commerce site, yiwugou, in October 2012 to help vendors sell their products inside China - stepped up to expand its e-commerce territory to countries outside China.

The market inked deals to launch websites to facilitate trade between Yiwu and importers in 11 other countries: Australia, Spain, Poland, Japan, Brazil, Russia, Germany, the United States, Malaysia, Ukraine and Kazakhstan.

"By setting up the e-commerce websites in the 11 countries, we are going to save importers there a lot of time and money because they will no longer need to come to Yiwu to check the latest products and place orders in person," said Wang Jianjun, chief executive officer of Yiwu China Commodities City Information Technology Co Ltd, the e-commerce arm of China Commodities City.

Previous Page 1 2 3 Next Page

Hot Topics

Editor's Picks
...
...
贞丰县| 桃园市| 石家庄市| 枣庄市| 淄博市| 苏尼特右旗| 灵山县| 石门县| 建瓯市| 收藏| 昌都县| 公安县| 呼玛县| 台北市| 郧西县| 泽州县| 全州县| 乌拉特后旗| 祁连县| 南昌县| 岐山县| 阳春市| 邹城市| 怀远县| 琼海市| 静海县| 连江县| 遂宁市| 深泽县| 横峰县| 乐至县| 印江| 集安市| 县级市| 固原市| 抚松县| 内乡县| 云南省| 赞皇县| 沛县| 梅州市|