Market Introduction
International Commodity City
International Commodity City is a professional and modern market constructed by China Commodity City Group based on a new concept of conforming to the development of internationalization/globalization. The first market of China Yiwu International Commodity City laid the foundation in October 2001, and went on a trial operation on September 28, 2002, it started the official operation on October 22, 2002. The market covers an area of 420 mu, and a building area of 340,000 square meters with an investment of 660 million yuan, the main market is divided into five major centers, including the main market, manufacturers' direct sales center, commodity procurement center, warehousing center, and catering center. There is a total number of more than 7,000 booths in the market. The first floor is mainly for flowers and toys, the second floor is for jewelry, and the third floor is for crafts and accessories, the commodities here covers more than 20,000 varieties, it is China's largest special market for crafts and toys. The 2nd China Yiwu International Commodity City has a total budget investment of 5 billion yuan, and covers a total construction area of 1,150,000 square meters, and there is a total number of 15,000 booths located in the market. The first phase project of the second market started operation on October 24, 2004; it has the construction area of 660,000 square meters, and more than 7200 business booths with about 10,000 contractual suppliers. The market deals mostly in hardware, electronics, electrical appliances, bags, watches and clocks, rain gears, and so on. The second phase project of the 2nd market covers an area of 400,000 square meters, and was delivered for official operation in September 2005, it is mainly engaged in 6 categories, including cultural goods, sporting goods, cosmetics, glasses, button, and zipper. The second market reaches to an area of 2,600,000 square meters after the 2nd phase project opened to operation; it has become the largest consumer commodity market in the world. International Commodity City market (Futian Market) followed a policy of "scientific planning, first-class designing, and modern building", committed forward-lookingly to create an entirely new market development space, and led the leap from traditional distributed market to modern international market. International Commodity City market is the landmark of Yiwu in its effort to build an international commodity city, it is modern, information-based, and international. |