Where is Yiwu city?

Yiwu is a city in central Zhejiang Province in China. It is 300 kilometers away from Shanghai, one-hour trip to Hangzhou International Airport and is also adjacent to the Oriental Super Port – Ningbo Port. Yiwu is world famous for its largest wholesale market of consumer goods and called as “a city based on the market” and “paradise for the purchasers”.

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Online traders to get better deal

The Guangdong government is planning to relax restrictions on the registration of online stores. 

A proposal by the provincial administrative agency for industry and commerce will allow online store

 owners to use their residences as business premises when they apply for a license. 
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U.S. vows to "get tougher" on trade enforcement

WASHINGTON, March 7 (Xinhua) -- U.S. Trade Representative Ron Kirk said Wednesday that Washington will "get tougher" on trade enforcement against so-called "unfair trade practices" from its partners around the world,

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BEIJING: Yiwu, China's small commodity market in Zhejiang province, saw a strong growth in trade with India and fellow BRICS countries last year with the quantum touching $1.03 billion in value terms.

Exports to Brazil, Russia, India and South Africa reached $1.03 billion in 2011, up 52 per cent from the previous year, a statement issued by the customs department in Yiwu said.

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yiwu History,Geography,Administration,Economy,etc.

Yiwu (simplified Chinese: 义乌; traditional Chinese: 義烏; pinyin: Yìwū) is a city of about 1.2 million people in central Zhejiang Province near the central eastern coast of the People's Republic of China. The city is famous for its small commodity trade and vibrant free markets and is a regional tourist destination. Although administratively Yiwu is a county-level city under the jurisdiction of Jinhua, it is more well-known than Jinhua nationally and internationally.

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