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Yiwu: the city of the market

If you have never been into Yiwu's market in person, it is difficult to understand why this small county-level town in Zhejiang Province has got the reputation of"the first market in China" and"the world capital of small commodities". In Yiwu International Trade City, the five districts are surrounded with the"Factory" and surrounded by the Central Park. They're all connected to each other. If they only adhere to a road in a certain layer of the current market, they will not stop at any merchants and walk through a whole trade town. It takes over 3 km to travel, and it takes almost an hour. In addition, the marketplace has a total of several layers, and every floor has many criss-crossing paths. It's all but an"impossible task" to see. The goods are dazzling, sparkling, and also the individuals of all countries are lively and bustling. At the same time, there are many e-commerce trades which are not visible and are happening at any moment. Who can believe that 40 years ago, it was once without the market; now, the"Iwu miracle" is wonderful.

This rattle was swayed in the palms of Yiwu's traders from the Qianlong period of the Qing Dynasty. They picked the brown sugar of the local specialty products and changed the chicken feathers for each family to form a"refrigerated sugar candies". Do the dice to market the money, the poor will go to the ground to make fertilizer.

At that moment,"Knocking Sugar" found that changing chicken feathers with small commodities was more popular than knocking sugar for chicken feathers. Because of this, in the local market of the Sanli market, many little commodity traders started to be active. At precisely the same time, the same marketplace was established in Xianqian Street and Beimen Street in town. At that time, China's reform and opening had only begun, and the degree of implementation and understanding of policies wasn't the same everywhere. In Yiwu, farmers' commerce in commodities still had to be set in the wrong name of"speculation"

Viewing the people's business needs, the Yiwu government department was still trying to acquiesce to the occurrence of farmers' traders. Farmers who moved to other areas to perform business could visit the Trade and Industry Bureau to deal with the"temporary license for small department stores to exchange sugar for chicken feathers". But if you want to set up a stall in the county, you'll inevitably be prohibited.

The young woman He Haimei endured from such a problem. Her family's income is meager and it is difficult. In 1982, her brother came home from the military to visit relatives and attracted more than a dozen championships. She thought that these postcards would be sold at the entrance of the cinema, and there may be money to earn it! The result was actually sold out promptly. She thought that she'd buy it and promote it. After three times, she made 32 yuan, which had been a big amount of money at the time. She went to market other things. Consequently, she offered nylon socks on the road daily. The county authorities seized the current situation and the goods were confiscated. She stood on the side of the road for quite a while, and afterwards saw Xie Gaohua, who was then secretary of this 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 stop Xie Gaohua, the local farmers who sent the very same questions were not simply He Haimei. Seeing the people's urgent desire to improve their lives through company, Xie Gaohua along with also the county party committee and county government leaders took the probability of coverage and decided to open the small commodity marketplace. At the summit to declare this policy, He Haimei shed tears with enthusiasm.

Relying on the reluctance of the people and the direction, Yiwu hurried for a path to come up with the small product market from the cracks of their policy at that time. Afterwards, he proposed"allowing farmers to conduct business, allowing long-distance trafficking, allowing the opening of urban and rural markets, and allowing several stations " The"four permissible" competitions let the locals to start stressing and open their arms to do business.

At that time, at the city of Yiwu County, the director of the Industrial and Commercial Office called on the retailers to"make help" to do business together, along with the excitement of the people was high. In 1984, the county authorities of Yiwu County proposed the motto: Xingshang County. In September 1986, the third-generation Yiwu Small Commodity Market at Chengzhong Road was finished and started with 4096 stationary stalls and over 1,000 temporary booths. 2 decades after, Yiwu withdrew in the county.

The little commodity market in Chengzhong Road is growing more and more famous throughout the nation, and merchants from all around the world are flocking. On September 3 of the same year, the State Administration of Industry and Commerce approved Yiwu Small Commodity Market as Yiwu China Commodity City. Since then,"China's biggest town" has a good reputation.

In November of the year, the initial large-scale indoor marketplace in Yiwu, that has over 15,000 stalls, opened its market, which is considered to be the fourth-generation sector. In 2002, the initial stage of the newly-built Yiwu International Trade City opened, and a total of five stages are completed. It's become China's present internationalization and the most updated small commodity market. The International Trade City and the Gion Market with the international production materials marketplace opened in 2013, are considered by local people to function as fifth-generation market of Yiwu Small Commodities. As of 2017, the total number of commercial components reached 75,000, and the entire company area exceeded 5.5 million square meters. Rice, the annual turnover reached 122.6 billion yuan.

Yiwu Small Commodity City has been not only China but the whole world. "Assembling the world's biggest supermarket and constructing an global shopping paradise" is not only a neighborhood development theory, but also a reality.

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