Indians in Yiwu

Yiwu (simplified Chinese: 义乌; traditional Chinese: 義烏; pinyin: Yìwū) is a city of about 1.2 million people in central Zhejiang province, China. Its built-up (or metro) area made of Yiwu and Dongyang cities was home to 2,038,413 inhabitants at the 2010 census. The city is famous for its small commodity trade and vibrant market and is a regional tourist destination. Although administratively Yiwu is a county-level city under the jurisdiction of Jinhua, it is better known than Jinhua nationally and internationally.

Yiwu History


Yiwu was founded in the Qin dynasty, around 222 BC. Yiwu’s long history flourished as early as the Neolithic Age. Yiwu first became a county in 222 BC and was renamed Yiwu County in the year 624 AD. Trade has been historically important in Yiwu since the surrounding area has little arable soil. Even before 1600s, Yiwu men would carry sewing needles, threads, sugar chunks and other small commodities in their bamboo baskets, using a shoulder-pole, and travel to surrounding rural villages in exchange for chicken feathers.

Yiwu Culture


Yiwu contains an Olympic quality stadium[citation needed]. Many events associated with trade take place in Yiwu City. Yiwu also has a sizable Chinese Muslim and Korean population, mostly working in the import and export businesses, as well as a very small Jewish population also in those businesses. It also has a large Christian Church. Yiwu is also known as the “sock town” as annually it produces over three billion pairs of socks for Wal-Mart, Pringle and Disney.

Yiwu Economy


Yiwu is famous in China as a commodities centre. The Yiwu market developed and managed by Zhejiang China Commodities City Group Co., Ltd. (Public, SHA:600415). Yiwu’s China Small-Commodity Market has for 6 consecutive years topped China’s 100 top open markets and was for successive years listed as “China’s civilized open market”. It has been named as the banner of China’s market economy and with a large variety of quality but cheaper commodities.

Yiwu Guide Map


Yiwu is the terminal for a number of long-distance international container trains.[11] At 8,111 miles, the Yiwu-Madrid container train route can be viewed as the longest goods railway line in the world. Shipping containers moved along this route travel from China via Kazakhstan, Russia, Belarus, Poland, Germany, France to Spain.

This article uses material from the http://www.easytourchina.com.