In recent years, Yiwu has persisted in its development strategy of building the city on commerce. The economy and society has kept the rapid development momentum all the time by energetically propelling the internationalization of economy, the urban modernization and the integration of urban and rural areas. In 2004, its GDP reached 28.2 billion yuan, a 17.3% increase of that in last year. According to the statistics of 2003, its total fiscal revenue reached 2.95 billion yuan (local, 1.51 billion), 28%and 27.1% of increase respectively; its saving deposit was 48.277 billion and loans 30.609 billion, increasing by 8.778 billion yuan and 4.669 billion yuan, respectively compared with the beginning of the year; disposable income of urban residents 17.153 yuan per capita and net income of farmer 6,969 yuan per capita. Yiwu has again ranked the 17^th among the top 100 countries of the country in 2003. Yiwu has chosen as the most popular city of china by the public at home and abroad in 2004, ranking the first place among the county-level cities of the whole country.