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Yiwu International Trade Mart is a modernized built out of brand-new concepts to satisfy the demand of the internationalization of the market. The construction of the first phase was finished in October 2002. Its total floor area covers 340,000 km2 with 9,000-odd booths mainly selling ornaments, flowers, handcrafts and toys. The floor area of the second phase covers 1 million km2 with 13,000 booths, of which the area of 600,000 km2 was first completed in October, 2004, mainly selling hardware, electric appliances, electronic appliances, suitcases & bags, watches & clocks, and rain gear. The second part of the second phase will be finished and put into use in October 2005. The investment of the first and the second phases adds up to 6 billion yuan. Over 90% of the business transactions are engaged in foreign trade.
The first and second phases of the Trade Mart, designed out of the advanced concept of the international mall, feature excellent equipment. It has procurement center, outlet center, e-commerce center and shopping center for tourists. Available in the neighborhood of the Trade Mart are services on customs, finance, catering, storage, logistics and accommodation. Another feature is that automobiles can enter every floor. Therefore, Yiwu International Trade Mart is of the highest level of modernization, informationization and internationalization in the country. |