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Featured Yiwu Essential Guide

History of Yiwu

Yiwu has been an inhabited city since the Neolithic Age when there were human settlements here. However, it was not until the 25 year of Emperor Ying Zheng's rein during the Qin Dynasty that the city of Yiwu was officially founded in 222 AD, when it was called Wushang County. It was given the name Wushang to honor ...Read more>>

All Yiwu Essential Guide

Yiwu Transport - Introduction HOT

Yiwu sits only 300 km away from Shanghai and 120 km from Hangzhou. It is reasonably easy to reach by air, train and road.... Read More>>

Office Leasing

The office buildings of Yiwu are mainly concentrated along the lines of Chouzhou Beilu and Biwang Lu. There are also many office buildings near the Futian Market. At present, the market for office buildings is not fully developed; the number of buildings is low; especially high-end addresses, which are the Futian Building and Wealth Building. ... ...Read More>>

Investment Procedure

Approval procedures of foreign-invested enterprises in Yiwu Consultancy Tel: Industrial and Commercial Administration: 0579-85570040 Foreign Trade and Economic Bureau: 0579-85523091 ...Read More>>

Labor force

Human Resource Overview Migrants coming to Yiwu from other centers account for over one third of the total population of Yiwu. The city has built up its first local university; the Yiwu Professional Academy of Industrial and Commercial Technology, to train and educate ten thousand personnel on an annual basis. There are also 4 vocational schools ... ...Read More>>

Municipal Infrastructure - Post &Telecommunications

Yiwu's postal and telecommunications industry is developing rapidly. Postal revenues were 99.13 million RMB and telecom revenues were 2.4 billion RMB in 2006. At the end of 2006, there were 632,000 households of local phone users, 1.07 million cell phone users and 122,000 households of internet users. ...Read More>>

Municipal Government

Mayor Mayor: Wu Weirong Municipal Departments • Yiwu People's Government Add:21 Xianqian Jie, Yiwu Postcode:322000 Tel:0579-85522094 • Office of Foreign Affairs and Overseas Chinese of Yiwu People's Government Add:15F, Jiangdong Jiedao Office Building,2 Jiangdong Zhonglu, Yiwu Postcode:322000 Tel:0579-85214833 • Yiwu Development ... ...Read More>>

Business Links

◎ Yiwu News http://www.eyiwu.com/(Chinese) ◎ Yiwu Information http://www.yw.zj.cn/(Chinese) ◎ Yiwu Hotline http://www.cnyw.net/(Chinese) ◎ Yiwu Gift City http://www.yiwugift.com/enindex.htm ◎ Yiwu People's Government http://www.yw.gov.cn/ (Chinese) ◎ Office of Foreign Affairs and Overseas Chinese of Yiwu People's Government ... ...Read More>>

Preferential Policy

Preferential Policies Business Income Tax State regulations provide that the income tax for enterprises with foreign investment is 30% of the taxable income, yet those enterprises operating within the jurisdiction of Yiwu municipality will enjoy a favorable tax rate of 24% and enterprises operating within special pilot zones in Yiwu will enjoy ... ...Read More>>

Development Zones

Yiwu Economic Development Area The Zhejiang Yiwu Economic Development Area was founded in 1992 and has a total planning area of 44 square kilometers. After fifteen years development, it has become one of the most successful and vital development areas in the middle of Zhejiang. In 1994, Yiwu was approved as a Provincial Economic Development ... ...Read More>>

Planning & Development

Strategic Planning and Development The city will transform its districts, integrating the urban lands in the five street areas of Choucheng, Beiyuan, Jiangdong, Choujiang and Houzhai and relying on the six urban comprehensive zones of Yiwu Central Commercial Zone, Yiwu Economic Development Zone, Beiyuan Industrial Park Zone, Jiangdong ... ...Read More>>

Municipal Infrastructure - Transportation

Roads Yiwu has a comprehensive and modern road network providing quick outlet to the Hangzhou-Jinhua-Quzhou highway. The city is also building the Ningbo-Jinhua freeway. The travel time from Yiwu to Ningbo port and Hangzhou will be shortened to about 1 hour and only 2 hours to Shanghai. In 2006, the passenger transportation volume by road was ... ...Read More>>

Municipal Infrastructure - Public Utilities

Yiwu's postal and telecommunications industry is developing rapidly. Postal revenues were 99.13 million RMB and telecom revenues were 2.4 billion RMB in 2006. At the end of 2006, there were 632,000 households of local phone users, 1.07 million cell phone users and 122,000 households of internet users. Sample of Utilities Costs Water (RMB/cubic ... ...Read More>>

Foreign Trade & Foreign Direct

By the end of 2006, there were 491 foreign-invested enterprises in Yiwu including 169 branches with total investment of US$1.9 billion. In 2006, Yiwu newly established 104 foreign-invested enterprises with utilization of foreign investment of US$299.50 million. Foreign investment is mainly in the wholesale and retail trade, the hospitality ... ...Read More>>

Business Environment

Geographical Advantages Yiwu is situated in the east of the Jinqu Basin, in the geographical center of Zhejiang Province, neighboring Dongyang in the east, near Yongkang and Wuyi in the south, linking with Jinhua and Lanxi in the west and connecting with Zhuji and Pujiang in the north. Environmental Protection Yiwu has smoothly passed the ... ...Read More>>

Strategic Industries

The trade and commercial industries led by the city's small commodities market is the leading industry of Yiwu. In 2006, the total transaction volume of the Yiwu market was 41.5 billion RMB ranking first in China. The Yiwu-China Small Commodities Index is the "Dow Jones of China" and began to make its index known in October of 2006. ... ...Read More>>

Yiwu Business Guide - Economic Overview HOT

Vital Statistics (2006) GDP: RMB35.2 billion GDP per Capita: RMB50, 148 Economic Growth Rate: 15% Population: 707,000 FDI: US$139.27 million Annual Average Wage: RMB35, 231 Government Effectiveness Rating: N/A 2006 Chinese Cities Competitive Rating: N/A Economic Overview Yiwu lies at the center of Zhejiang Province. The economic extraversion of ... ...Read More>>

Statistics

• GDP: RMB 72.6 billion (2011) • Per Capita Disposable Income of Urban Residents: RMB 35,220 (2010) • Economic Growth Rate: 10.5% (2011) • Resident Population: 1.234 million (2010) • Unemployment Rate: 3% (2011) • Enrollment Rate for Children of School Age: 100% (2011) • Enrollment Rate for High School Students ... ...Read More>>

Area & Population HOT

Yiwu is part of the greater Municipal region of Jinhua city in Zhejiang Province, with a total land area of 1,105 square kilometers. In 2010, the resident population of Yiwu was about 1.23 million about 0.88 million of whom live in the urban area which makes up 90 square kilometers. Among the city’s permanent residents, there are 0.647 ... ...Read More>>

Location and Climate HOT

The city of Yiwu sits almost entirely surrounded by mountains on the eastern side of the Jin Qu basin in the middle of the Zhejiang Province on the far east of China. The monsoon climate that Yiwu enjoys gives it an annual yearly temperature of 17C. January is the coldest month when the temperature generally falls to about 4C. However, be ... ...Read More>>

Yiwu Nightlife HOT

With local business and a booming economy attracting more and more business from home and abroad, the bar scene in Yiwu has improved markedly. Tiedong Lu in the Yiwu Economic Development Zone is a favorite hangout for expats and foreign visitors, with many ...... Read More>>

Yiwu Transport - Bus HOT

Nearly 60 bus lines run through Yiwu and to surrounding towns. The buses which venture out to the smaller towns can be identified by a number 3, which precedes the line number. The bus network starts running at around 05.30, and shuts down about 18:00. Two kinds of buses run in Yiwu: the normal buses that cost 1 RMB, and the air-conditioned ... ...Read More>>

Yiwu Shopping Areas HOT

Xiuhu Square Pedestrian Commercial Street 绣湖广场步行商业街 The center of Old Yiwu is home to the Century Department Store and Xiuhu Square. These two large shopping centers sell a variety of clothing, cosmetics, handicrafts and other commodities. The ...... Read More>>

Brief Intro to Yiwu Dining HOT

Because Yiwu has such a prosperous economy, people from all over China and the world flock to the city, and bring their local cuisines with them. Snacks and restaurants that represent a huge range of cooking styles and cultures can be found in Yiwu, making ...... Read More>>

Yiwu Travel Tips HOT

The weather in Yiwu is generally mild and occasionally humid. In the summer, the temperature can hit nearly 30C. The coldest month is usually January, when the temperature drops to around 4C. Most visitors choose to come to Yiwu during the annual China Yiwu ...... Read More>>

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