What Is This Article About?
This article gives you a full Yiwu Guide on 3 Floor District 4, Yiwu International Trade Center China. Under Guide of Goldenshiny Trading, the professional Sourcing Agent in Yiwu trade center. Furthermore, you could also check what products are on 1st floor, 2rd floor , 4th floor and 5th floor in blog.
About Yiwu International Trade Center China
Yiwu is a city in Zhejiang Province, 280 km southwest of Shanghai. The famous Yiwu International Trade Center China, which is considered a key city linking “China’s varied local economies to global markets”.
In short, the Yiwu International Trade Center China is the largest wholesale market in the world, where specializes in small commodities. In Yiwu Guide, the broad term ‘small commodities’ encompasses items such as jewelry, decorative items, household goods, stationery, and small electronics equipment.
Clearly, these objects are commonly known under the term ‘exotic knick-knacks’, are purchased every day by foreign buyers, domestic buyers and sourcing agents.
Starting in 1991, Yiwu became the largest wholesale market in China. The success of Yiwu International Trade Center China proved one point. Which is the local administration and commerce made the right choice in 1982. When it created the Zhejiang China Small Commodities City Group (CSCG), the goal is to set up a wholesale market in Yiwu.
As a result, now it attracts buyers from the world every day. For instance, there are domestic buyers, international buyers, logistic companies, buying offices and sourcing agents. Therefore, the Yiwu Guide becomes necessary to many buyers more than ever.
What products on 3rd floor?
The main products on 3 Floor District 4, Yiwu International Trade Center China are towel, wool yarn, shoes, lace, necktie, tie, lines, caddice, sewing thread & tape. Moreover, those products are mostly garment accessories. You can get many different qualities in your specific needs, quality from top to down, price from high to low.
When you do business in Yiwu International Trade Center China. There are 3 factors you need to consider. Firstly, qualtiy. Secondly, quantity. Thirdly, payment.
It happens on product size, material, shape, etc. We strongly suggest suppliers and customers confirm the contract upon the sample. For example, if there is no 100% same sample, then make one before production. As a result, factory just produce based on a confirmed sample, meanwhile, it’s easy for sourcing agent to monitor production for customers. Because anything is different with the confirmed sample, then there is clear responsibility there. Therefore, it can save a lot spat between suppliers and buyers.
When it comes to quantity, the term MOQ is familiar to buyers, which means Minimum Order Quantity. This is to say, in Yiwu International Trade Center China, every booth has different MOQ. So customers have to place order with minimum quantity. This is easy to understand in wholesale business, with that being said, even unit product profit is small but total profit is still substantial. So, is there any way to bend the rules? Yes, You could if you’ve got good negotiation skill, sometimes, suppliers will accept your small quantity order for repeat orders.
Payment is always tricky and crucial, as we know, the money is leverage, so, keep in mind, you do not pay so quickly until everything is ok. Maybe this sounds exaggerated to you. However, as professional sourcing agent, to our experience, however, risk always appears in the business. We’ve been providing Yiwu guide for 7 years. Hence, we know everything can happen in Yiwu market, the key is that we need to prevent it from happening to our customers.
African Traders in Yiwu
In the past, African traders travelled to Yiwu to buy ‘made in China’ products, they settled in Yiwu early 2000s. In Yiwu International Trade Center China, African traders can be categorized into three groups: the entrepreneurs, the trade sourcing agents and the temporary traveling traders. African traders have become long-term residents of China, often with a one-year renewable visa; some have become very wealthy according to Yiwu Guide. Moreover, they established traders with settled businesses. Also developed connections with Yiwu officials, part of them are invited to trade fairs by government. Yiwu government regularly call on the African for more business chances.
Role of African Traders
For those African traders in Yiwu. They run their trading in three ways: sourcing agencies, buying offices, wholesalers and logistics companies’ managers. They have established transnational business networks, just to make opportunities through the growing market. With their knowledge of the markets and business networks, they play an important role in Yiwu economy. On the other hand, they welcome other African traders who travel to Yiwu. For example, provide professional Yiwu guide, arrange to visit markets or factories purchase products. moreover, they organize the logistical procedures for the shipment to Africa. Some of them can attract customers from their home countries, as well as different African countries.
Below is guide info about Yiwu International Trade Center China. Under guide of Goldenshiny, the professional Sourcing Agent provides you insightful Yiwu Guide, hope the info is useful when you come to Yiwu, China.
District 1 | A-E section:
1F: artificial flower, flower accessories, plush toy, plastic toys, ordinary toys, air inflated toy, electric toy, common toy.
2F: hair ornament, jewelry.
3F: festival arts, decorative arts, porcelain, ceramic crystal, tourist arts, travel crafts, photo frame, jewelry accessory.
4F: hall of Taiwan merchants, direct sale center of manufacturer, factory outlets.
District 2 | F section:
1F: umbrella, poncho, rain wear & pack, umbrellas, poly bags, suitcase & bags.
2F: locks, electric products, hardware tools & fittings.
3F: kitchenware & sanitary ware, home appliance (shaver).
4F: Hongkong Hall, Korean Commodity Hall, hard ware & electric appliance.
5F: foreign trade organization agency.
District 2 | G section:
1F: suitcases & bags.
2F: hardware tools & fittings, vehicle class, vehicle.
3F: clock & watches, electronic equipment, batteries light & lamp & flashlight.
4F: electronic, products luggage area, clock & watches.
5F: commodity foreign trades, foreign trade organization agency, featured products, export agencies, roof parking lots.
District 3 | H section:
-1F: the year picture calendar couplet, wall calendar & couplet.
1F: pens & ink, paper articles, glasses.
2F: office supplies & stationery, recreation sporting articles, sport equipment.
3F: cosmetic, beauty products, mirrors & comb, clothing accessories, beauty products, accessories.
4F: cosmetics, stationery & sporting articles, zipper & buttons & clothing accessories, factory outlets-cultural & sports, factory outlets-apparel accessories, factory outlets-cosmetics/beauty products.
5F: the imported commodities mall, off parking lots.
1F: sock, leggings, atrium, indoor parking lot.
2F: hat & cap, gloves, daily consumable, daily necessities, other knitting products.
3F: towel, wool yarn, shoes, lace, necktie, tie, lines, caddice, sewing thread & tape.
4F: scarf, belt, bra & underwear.
5F: shoes, daily necessities, garment, tourism and shopping center, frame/accessories.
1F: daily consumable, African products, other imported products, heathy products, heath care products, handicrafts, clothing shoes and hats, other imported goods, jewelry, textile, food liquor, clothing.
2F: bedding, Chinese knot, DIY handicraft.
3F: knitted fabric, curtain cloth, curtain fabric, fabric, woven fabric.
4F: car necessities, commodity distribution, auto parts, auto supplies.
5F: online services, virtual shops.
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In short, above are all products in 5 districts of Yiwu market. Meanwhile, Yiwu is still building other markets to attract more customers in the furture. However, we will update on our blog soon.
In short, on one hand, our one-stop service will make your sourcing easier, you do not have to worry any other procedures, our service takes all into consideration. On the other hand, not only we take care goods in China, but also assisit customers for customs clearance.
Moreover, we have whole set service called one-stop service, which is customized for customers. For example, market guide is one part of our service, help customer save lot time.
In conclusion, we know what customers want when they come to China. Mostly importantly, with our export experiences, we believe we can serve customers in good quality. Therefore, customers are in good hand when they work with us.