Yiwu International Trade platform to keep "Christmas List"

Frbiz Site


Affected by the global economic downturn, 1-May, Yiwu is only 680 million U.S. dollars export value, exports fell year on year increase of 14 percentage points; June, Yiwu Small Commodity City Central sentiment index fell 57 points. Just at this time, Yiwu new foreign-invested enterprises and foreign companies have permanent offices in the respective year growth of 19% and 43%. As the world's largest Christmas gift sourcing base, Yiwu Small Commodity-rich types, at very competitive prices, as well as important logistics cluster effect has been formed. With the arrival of the Christmas shopping season, Yiwu International Commodity buyers remain optimistic about the international competitiveness.






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To a report, "China? Yiwu Small Commodity Index" analysis shows that, with the "World Commodity market leader," said the export of Yiwu Commodity City, momentum has been a major blow to exports from January to May this year, only 835.7 million dollars, down 12.79%% in the next June, Commodity City Central sentiment index fell 57 points.
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At the same time, Yiwu City Economic Development Council's report also shows that most enterprises in the industry as Yiwu low-end value chain, in raw material prices, lower export tax rebate, the yuan appreciation, rising labor costs and other factors, not small export enterprises to enter the frozen period, profits were drastically reduced, especially toys, plastic products and other traditional labor-intensive processing industry is facing great difficulties. From January to May this year, Yiwu is only 680 million U.S. dollars export, export growth fell 14 percentage points year on year, of which cosmetics exports fell 22%%, down 13%% of plastic products.








Said, according to Yiwu, a toy business in Yiwu Commodity City, now the general profits of toys at 5%% -10%%, from the beginning to now, the upstream toy manufacturers offer has increased nearly 10%%, the Commodity City dealer, the severely squeezed profit margins, but in the fierce competition to stay competitive, they can only raise the price 5%% and then another job nobody wanted.








As raw material prices have resulted in the phenomenon of shrinking profits, not only in Yiwu, toys. At present, the hardware industry, the average profit was compressed to 2%% -3%%. According to climate index report, in June, oil, raw material prices continue to rise, Yiwu Small Commodity City has driven Nearly half of commodity prices and make transactions much frustration. Small commodity city in all 17 major industries, there are nine categories of product prices. Commodities price increases, or less than 5%, 53%, or 5%, 33% -10%.








Yiwu Small Commodity prices of various industries to share the risk, also affect the overall earnings. The face of rising raw material pressure, Yiwu, a part of most enterprises will digest their own costs, while, hope to make up the loss by running capacity.








Christmas buying season now approaching, Yiwu municipal government has issued a series of incentive policies to encourage the development of processing trade, for carrying out processing enterprises, incentives 0.06 yuan per dollar (up to 100 million); actively encourage and guide enterprises to "go out", were given 5-30 million in incentives.








The same time, Yiwu City departments concerned to further strengthen the construction of the international trade platform. In Yiwu Commodity City, and convenient logistics network, at home and abroad can enjoy the most convenient logistics services. Yiwu market has been checked together more than 250 cities in China to establish more than 600 logistics network. International logistics center in Yiwu, not only gathered over 10 freight forwarding companies and 78 foreign shipping companies, also has nearly 60,000 square meters of warehouses and other regulatory intelligence, from customs to the commodity inspection, scheduling all aspects of a modern logistics should be taste. China Light Industry Arts & Crafts Import and Export Chamber of Commerce








are told reporters, in addition to extensive product range and competitive prices, more importantly, the logistics advantages to the formation of the cluster effect of Yiwu small commodity. The structures of international trade platform, is the biggest advantage of Yiwu small commodities. But in the U.S. mortgage crisis and the pressure of RMB appreciation under the influence of the deterioration of export is an indisputable fact. Yiwu Small Commodity to maintain superiority in the development process must adapt to the changing new environment, enterprises should enhance their environmental awareness, increase exports accounting for independent research and development to enhance value-added products at the same time, expanding foreign trade and economic cooperation, as do big business strong foundation.