Friday, April 22, 2011

Yiwu Facts

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 the memory of a good son who lived in the area before the city was founded. The legend goes that during the Qin Dynasty, greedy land owners around the area deprived the tenant farmers of a decent living. A young man named Yan Wu and his father were forced to live in a cave, where thousands of mosquitoes would bite them every night. In order to spare his father the insect bites, Yan Wu would sleep without his shirt to lure the mosquitoes toward him and away from the old man. A huge flock of crows living nearby were moved by his sacrifice and would fly to the cave every night, eating the mosquitoes to save the son as well as the father from their bites. The father soon died, and when the crows came to mourn him they decided to build him a tomb from earth which they carried in their beaks across many miles. By the end of their endeavors, all the crow's beaks were broken and bleeding. The city was named Wu (crow) Shang (injured) in recognition of these honorable birds.

During the Tang Dynasty, the name of the city was changed to Yiwu which means Righteous Crow. Many illustrious citizens of China have lived and worked in Yiwu, chief amongst these being Luo Binwang, a poet from the Tang Dynasty, whose work is taught to all schoolchildren to this day. He is honored in the city with a park and several statues. Zong Ze also lived here. He was a famous general during the Northern Song Dynasty. Chen Wangdao the journalist and translator, Feng Xuefeng, the modern poet who advocated the importance of human emotion in literary works and Wu Han a famous PRC party official have all come from Yiwu in modern years to make their mark on both China and the world.

Yiwu has made a name of itself as a production center for small household commodities that end up shipped all over China. Yiwu has a number of large department stores and shopping centers that don't have anything special. Clothing shoes, appliances and electronics are all available here at fixed (higher) prices. Markets are a great alternative, and Yiwu has a lot of them.

As with all Chinese markets, bargaining is essential with larger quantities fetching lower prices. Like most markets in China, the language barrier is not too much of a problem, as bargaining and transactions can be carried out via calculator. Bargaining takes skill and dedication, and is an art that must be perfected over years, but there are some simple tips to help new players: Never show too much interest in an object or you'll never get it cheap; pretend that you are an expert in whatever it is you are buying; over exaggerate; and definitely do not be afraid to walk away at least a few times to see the price drop.

There are a number of massive wholesale markets in Yiwu, with customers coming from all over Europe, the Middle East and Asia, all shouting and bargaining for everything from toys to hardware to cosmetics, all in bulk. Even if not buying, it is great just to go and see markets such as the International Trade City or China Commodity City, for the experience. There are retail shops that sell many of the same items that can be found in the wholesale markets on the 2nd and 3rd floors of the International Trade City, phase 2.

Everything can be found in Yiwu, but the local specialty seems to be produce. The region is well known for the nan date, brown sugar, Jinhua pork, tea, flowers and liquor.

Yiwu 义乌市

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.

Yiwu was founded in the Qin dynasty, at or about 222 BC. Yiwu's long history flourished as early as the Neolithic Age. Yiwu first became a county in 222BC and was renamed Yiwu County in the year 624 AD. In May 1988, the former Yiwu County was upgraded to a county-level city. In 1995, Yiwu ranked the 47th among China's 100 most powerful counties/cities regarding comprehensive economic strength and in the same year listed as Zhejiang's sole city among the nation's experimental counties/cities of comprehensive reform. In 2001, the Yiwu overall economy ranked 19th of all counties (cities) of China.

Yiwu's early culture has given birth to many great figures in the fields of literature, art, military, education, and engineering. Among these were Chen Wangdao, China's first translator of the Communist Manifesto; Wu Han, historian and former deputy mayor of Beijing; Zhu Zhixi, the meritorious engineer in harnessing the Yellow River, Zhu Danxi, one of the four distinguished doctors of the Jin and Yuan Dynasties ,and Zongze, a well-known general from the Song Dynasty who resisted aggression by the State of Jin, and as well as Wang Lee Hom, a very famous singer.

Yiwu is located 100 km south of the city of Hangzhou, the capital of Zhejiang Province. The nearest city to Yiwu is Dongyang. The area, as in most of the Province of Zhejiang, is in a mountainous region.

Yiwu is technically part of the greater Municipal region of Jinhua, although it has a distinct urban core. On China's administrative strata it is a sub-prefecture level city. It has under its jurisdiction 15 towns and 8 villages, which covers 1102.8 square kilometers, 15 square kilometers of which are urban area of 650,000 people (2005 estimate). There has been talk of merging the Yiwu and Jinhua areas into a single municipal zone or economic entity, but this plan has yet to make its way into any formal discussion.[citation needed]

Yiwu is famous in China as a commodities center. The Yiwu market developed and managed by Zhejiang China Commodities City Group Co., Ltd. (Public, SHA:600415)[1]. Yiwu's China Small-Commodity Market has for 6 consecutive years topped China's 100 top open markets and was for successive years listed as China's civilized open market. It has been named as the banner of China's market economy and with a large variety of quality but cheaper commodities, the market has become a shopping paradise for tourists.

The GDP reached 52 billion yuan in 2009, an increase of 9% from 2008, and the per capita GDP reached 71,457 yuan (US$10,461). The per capita urban disposable income reached 30,841 yuan and rural pure income 12,899 yuan, increasing 7.4% and 8.5% respectively.

Its 4C-grade airport has opened over a dozen of air routes to such cities as Beijing, Guangzhou, Shantou, Weifang and Shenzhen. The Zhejiang-Jiangxi Railway and Hangzhou-Jinhua Expressway pass through the city, making Yiwu an important local transportation hub. Express trains from Shanghai South Railway Station take less than three hours.

"Yiwu, 300 kilometers away from Shanghai, is the largest market of petty commodity wholesales in the world where various foreign buyers go to place orders." Such a depiction comes from Chinese Figures Astonishing the World, a special report co-delivered by the United Nations,the World Bank and Morgan Stanley. In that special report, Yiwu is the only enlisted county economy. And in the choice of "the 2004 Most Favorite Chinese Cities of Domestic and Foreign Public in 2004", Yiwu ranked the first among all county-level cities.

In 2008, Eamonn Fingleton wrote: "As documented by the author Tim Phillips ... [t]he city of Yiwu ... functions as a sort of 'Wall Street' for the [counterfeiting] industry, providing a vast marketplace where, Phillips states, 100,000 counterfeit products are openly traded and 2,000 metric tons of fakes change hands daily."[2]

Yiwu contains an Olympic quality stadium[citation needed]. Many events associated with trade take place in Yiwu City. Yiwu also has a sizable Chinese Muslim and Korean population, mostly working in the import and export businesses, as well as a very small Jewish population also in those businesses. It also has a large Christian Church. Yiwu is also known as the "sock town" as it produces over three billion pairs of socks for Wal-Mart, Pringles and Disney annually. Yiwu is also known as China's number one producer of fashion jewelry.

The Guyue Bridge, a stone arch bridge built in 1213, is one the few existing bridges of that era.



义乌市

义乌市为中国浙江省下辖县级市,由金华市代管。义乌市位于浙江省中部,金华市东部。义乌为浙江省综合实力第三大县市,也是中国经济发达县市之一,其综合竞争力2010年位居浙江省第三位,全国百强县(市)第八位。2005年,联合国与世界银行、摩根士丹利公司等多家世界权威机构联合发布《震惊世界的中国数字》报告中,义乌市场被称为“全球最大的小商品批发市场”。义乌小商品博览会已成为广交会、华交会之后国内第三大贸易类展会。

义乌拥有闻名遐迩的小商品市场,目前已成为世界上最大的小商品集散地,其市场的规模和成交量均居中国各专业市场之首。依托于小商品城的发展,义乌也建立起了较多的制造业企业,所生产的产品大都通过小商品市场销往中国国内和海外,实现了“贸工联动”。

义乌在2008年中国综合实力百强县排名第八,2008年义乌城镇居民人居收入达到全国县级市第一。义乌城市规模与经济实力等多方面均已超过了金华市区,而且和周边的东阳、永康等县市联系密切。

Saturday, August 21, 2010