30 years of change
Yiwu is located in the middle of Zhejiang Basin, covering an area of 1 105 square kilometers, with a local registered population of 700,000 and a foreign population of1030,000. Since the reform and opening-up, the development of Yiwu has roughly experienced four stages: the stage of prospering business and establishing county (1982- 1993). The implementation of the strategy of prospering businesses and counties, with marketization as the main purpose, has gradually formed the largest small commodity market in China. Strong industrial city stage (1993- 1998). We implemented the strategy of promoting industry by business and linking trade and industry, and promoted industrialization by marketization, and gradually formed an industrial system closely linked with the professional market. Urbanization stage (1998-2003). With the implementation of urbanization strategy and the linkage of industry and trade, the urbanization process has been promoted and a modern commercial city has been gradually formed. Towards the international stage (2003-present). With the expansion of market scale, the improvement of functions and the promotion of commercial formats, the world's largest small commodity wholesale market has been formed and has evolved into an international trade city.
From poor and backward agricultural counties to economically strong cities. From 1978 to 2007, the regional GDP increased from10.28 billion yuan to 4 10 billion yuan, an increase of 3 19 times, with an average annual growth rate of 22%; Fiscal revenue increased from 0.2 billion yuan to 5.888 billion yuan, an increase of 293.4 times, with an average annual increase of 21.6%; The balance of deposits in financial institutions increased from 300 million yuan to 85.56 billion yuan, an increase of 285 1 times, with an average annual increase of 3 1.6%. The tertiary industry structure has developed from 57.8 ∶ 21.1∶ 21.1to 2.4 ∶ 46.3 ∶ 5 1.30, ranking/kloc among the top 100 counties (cities) in China in 2006.
From the humble street market to the world's largest small commodity wholesale market. Starting from the road market, Yiwu market has been relocated five times and expanded nine times, and developed into a national commodity circulation center and an international commodity procurement base. The market covers an area of 2.6 million square meters, with 58,000 business premises and more than 200,000 direct employees. It operates more than 400,000 kinds of goods in 43 industries 1900 at home and abroad, with a daily passenger flow of more than 200,000. In 2007, the total market turnover was 46.082 billion yuan, of which China Commodity City was 34.837 billion yuan, ranking first among the major professional markets in China for 17 years. It is praised by the United Nations, the World Bank and Morgan Stanley Bank as "the largest wholesale market for daily necessities in the world". "Yiwu China Commodity Index" is known as the weather vane of global consumer goods prices.
From a small industrial county with weak foundation to a strong industrial city with industrial clusters. From 1978 to 2007, the number of industrial enterprises increased from 7,497 to more than 24,000, and the industrial output value increased from 750 million yuan to 85.8 billion yuan, an increase of 1 13.4 times. It has formed a development pattern of small commodities, large industries, small enterprises and large clusters. It has more than 20 advantageous industries such as knitted socks, ornaments and handicrafts, and ornaments, socks and zippers account for 30%-65% of the domestic market share. A number of products have become "singles champions" in the national and even world industries. There are 9 national industrial bases, 37 well-known trademarks in China, 7 famous brand products in China, 96 high-tech enterprises and R&D center 10 1 each, and 6,604 patents have been granted.