With the economy stuttering in China wholesale selling offers an exciting way to accommodate slack capacity. Yiwugou.com in Eastern China is a wholesaler platform whereby foreign buyers can access its Yiwu Commodity Market, and order directly from China wholesale.
Five Most Appropriate Suppliers Online
The portal invites China wholesale companies high up in the delivery funnel to list their offerings on it. This enables foreign buyers to source electronic goods, christmas decorations, stationery, apparel etc. directly from China wholesale. Yiwu Commodity Market currently hosts 1.8 million products by 75,000 vendors and has 210,000 unique daily visits.
China Wholesale versus Online Selling
China’s ecommerce sales are continuing to show satisfactory growth albeit no longer at take-off pace. Healthy competition will emerge as B2C vendors battle it out with China wholesale purchasers in other countries competing in the same global market.
Chinese suppliers will be delighted though, because the more channels they have, the greater their reach. It will be interesting to see how Alibaba responds as it flexes its wings in emerging service industries.
Chinese Government Involved in Yiwugou.com
Both China wholesaler Yiwugou.com and its Yiwu Commodity Market initiative belong to the state-owned Zhejiang China Commodities City Group Co. Ltd. They represent an intriguing example of the Asian giant’s direct involvement in the economy. This is very different to the West’s hands-off approach to facilitating business. China certainly has been forging ahead recently, although falling stocks could signal a leaky bubble.
Yiwugou.com Not the Same as Yiwu Market
Yiwugou.com’s China wholesale initiative is internet-based on a global scale. It takes its name from the gigantic brick and mortar Yiwu Market that has been growing in the hilly Zhejiang Province for 400 years. Although once a farmers’ market, it has become the acknowledged largest small-commodity market in the world. Having over 62,000 merchants spread across 4,000,000 m2 / 43,000,000 sq ft proves the China wholesale market is domestically going places too.