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Yiwu Small Commodity market turnover hit a record high in 2009

From:yiwu news Editor:eric Date:2010-02-15 Bookmark and Share E-mail Print
Xinhua News Agency, Hangzhou, January 1 (Reporter Feng Yuan) - Famous Yiwu Small Commodity market turnover in 2009 hit a record high. Industry and Commerce, Yiwu City, according to statistics, China Commodity City in 2009 the total turnover of 41.159 billion yuan, an increase of 7.8%; Yiwu fairs of the total turnover of 55.61 billion yuan, an increase of 12.96%.
Yiwu market in 2009 of business entities have become more active in the business sector, according to statistics, the number of market players has reached 137,000, representing an increase of nearly 9000 over the same period last year, year on year increase of more than 6%, the Permanent Representative of foreign enterprises body 2614, an increase of 22.7%, the new e-commerce categories of economic entities 713, an increase of 42.4%.

As an important window for China's export-oriented economy, the second half of 2008, as the U.S. sub-prime crisis triggered by the global financial crisis deepened, export-oriented degree more than 60% of the Yiwu markets are facing a sharp contraction in external demand, exports decline in the grim situation. November 2008 Yiwu Small Commodity climate index fell to a record low, and the emergence of a climate index, price index, efficiency index, size index and confidence index for the first time a continuous decline in the situation across the board.

In this regard, the local government and enterprises together to deal with turning crises into opportunities, while actively docking the domestic market, consolidating traditional markets of developed countries, emerging countries to open up the "second battlefield", on the other, while maintaining the traditional price advantage to speed up the the pace of transformation and upgrading. In order to solve business problems, the local government also introduced, including the right to use the mortgage rental stores, businesses, including an emergency lending fund and so a series of measures to assist. The business sector, financial institutions have also introduced measures to create a relaxed business environment.

Improvement in economic conditions at home and abroad and a series of measures, driven by 2009 Yiwu market at an alarming rate of recovery, in March the number of foreign investors into the market in Yiwu, reached 2.7 thousand passengers, compared to February increased by 138%. By November, the month into the Yiwu market, the number of foreign visitors in one fell swoop more than 40,000, an increase of more than 20%. From May to November, Yiwu Small Commodity sentiment index continued to rise over the same period the export of container Yiwu Customs control volume has steadily increased. (

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