From the initial exchange of chicken feathers for sugar to today's comprehensive commodity trading market that "buys and sells globally", whenever there are hot events, new things, or hot products that become popular on the entire Internet, netizens will always be the first to shout: "Now, put the pressure on Yiwu." Today, Yiwu gathers a variety of c list of kuwait whatsapp phone numbersommodities, from daily necessities to holiday decorations, electronic products to fashion accessories, covering almost every aspect of life.
To some extent, Yiwu's products also represent the latest trends of popular global products. Many international brands and retailers regularly visit Yiwu to obtain the latest market information and product trends. The influence of this trend is not limited to the commercial field, but also extends to the consumer market, making Yiwu the focus of global consumers.
It is worth noting that Yiwu’s popularity is no longer limited to the business field, but has even driven the prosperity of tourism and local culture.
According to CCTV reports, during this year's National Day holiday, Yiwu received 2.33 million foreign tourists, a year-on-year increase of 79%; Yiwu Railway Station sent an average of 37,200 passengers per day, a year-on-year increase of 28.4%.
From the business world to cultural tourism, Yiwu is radiating new vitality. Where does Yiwu's vitality come from, and why can Yiwu become "Yiwu of the world"? This may be the reason why this small city deserves continued attention and exploration.
Li Ming, a young man from Yiwu, told Contemporary Enterprise that he knew a friend who wanted to buy a 50-square-meter stall in the trade city in 2022. The price was 8 million yuan at the time, but he failed to make the deal because he hesitated about the high price. By mid-2023, the price of the stall had risen to 12 million yuan.
Li Ming is a second-generation Yiwu resident. As far as he can remember, his parents have been running shops in Yiwu Market. Now that his parents are old and retired, he has taken over the family factory and stall. In his impression, the shops in Yiwu Trade City may have changed owners several times, but the business field in Yiwu has always been there.
Yiwu Trade City
"However, Yiwu's production costs are much higher now than before, so Yiwu stall owners will set up factories in areas with lower labor costs such as Jiangxi and Henan, but the stalls are still opened in Yiwu Trade City." Li Ming said.
A list obtained by Contemporary Enterprise shows that in 2024, the starting price of hardware tool stalls in Areas 1 and 2 of Yiwu International Trade City was 3.6 million yuan, but the final transaction price was generally around 10 million yuan, with a premium rate of about 200%.
"Although the stall prices are very high now, there is still a shortage of supply and the prices are still on the rise," Li Ming mentioned.
The battlefield of young people's "shopping tourism"
Behind the increase in the value of the stalls is the popularity of this city. Many people never thought that Yiwu has now become a popular travel destination for young people.
During this year's National Day holiday, Yiwu ranked second among the most popular county tourist destinations in the country, followed by popular tourist destinations such as Dali, Anji and Tongxiang.
Why can a place that has neither famous mountains or rivers nor a holiday resort attract so many tourists?
"The food and drinks are delicious, and you can buy goods at prices far below the market price. It's worth the trip." said Lu Yao, a tourist from Yiwu.
