Sunday, December 7, 2008

Yiwu and it's Wholesale Markets

Yiwu , also called the International Commodity Trading City is a city of wholesale trade for products made in China. The city has 3 main big markets - the biggest being the Futian Market which consists of a series of interconnected buildings catering to specific categories of merchandise with an estimated 40,000 stalls . This fascinating market is exclusively a wholesale market where only samples are displayed and orders booked and caters to buyers from across the world including China.

View of a section of the Futian Market

The Futian market is a clean, well maintained market that starts early morning at 8.30 AM and shuts at 5 PM. The market is like a permanent trade fair with display of goods and orders being booked. The market deals in products ranging from household goods, luggage, toys, stationary to artificial jewellery and cosmetics. An estimated 100 container loads of goods are booked at Yiwu everyday.

International and Chinese buyers at the Market

Entrance to one of the sections
The market has an interesting restaurant called Picassa Restaurant and Bar serving continental food. The place resembles a museum with a wide variety of sculptures and crafted furniture. An excellent place to relax over a light beer and snacks after a few hours of walking the market in search of products.
Picassa Restaurant in the Futian Market

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