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Although popular for its attractions and dining, Yiwu City is more famous as a market town, especially for its commodities. By virtue of its convenient transportation facilities, Yiwu has become a large distribution center, leading the fashionable trend of the Chinese commodity economy. In recent years, a great number of visitors have come to this city just to visit its commodity markets. Just imagine what a city is like when an area of about 700,000 square meters (some 173 acres) is covered by some 35,000 stalls! However, unlike Hong Kong, that world famous shoppers' paradise, with its skyscrapers and equally famous brands at exorbitant prices, Yiwu has a great many markets selling small commodities at very cheap prices. In general, there are 10 specialized markets and more than 30 trading streets in Yiwu.
Among the innumerable markets, the largest is the China's Commodity City which consists of the International Trade City, Huangyuan Market and Binwang Market, covering in total an area of more than 2,600,000 square meters (about 642 acres). Art wares, ornaments, hardware, commodities, cosmetics, socks, toys and loads of other products are sold here in bulk. These products are exported to more than 212 countries and regions, including the Southeast Asia, Middle East, Europe and USA. Here, you will find customers from all over the world speaking in many different languages. It is important to know that many of these stalls only trade wholesale but there are retail outlets in the two shopping and tourist centers on the 2nd and 3rd floors of the second phase of International Trade City that are open to customers. Of course, don't forget to bargain over the price with the retailers even though most of the prices are reasonable.
International Trade City The First Phase: Put into use in the year of 2002, consists of five districts, selling art wares, hair ornamentations, toys and flowers. It is built with a series of developed electrical facilities, making you trip here comfortable and convenient.
The Second Phase: This five-storied building is one of the landmarks in this city. A wider scope of products is sold here. Since a special district opened to tourists, it is favored by many of people.
Bus: 11, 20, 121, 122, 123, Y101, Y102
Huangyuan Market It is a feature market mainly dealing in commodities, shoes, thread, candles and cotton. Address: No.51, Huangyuan Road Bus: 1, 6, 7, 9, 121, 123, 201
Binwang Market The whole market is made up of five parts, selling clothes, bedding, textiles, subsidiary foodstuff and grocery. Address: No.158, Binwang Road Bus: 1, 2, 6, 9 12, 16, 121, 123, 201, 206
Source: travelchinaguide Editor: Donna
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