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Yiwu Speeds up Building E-business Capital for Commodities

Hits:  UpdateTime:2010-11-24 21:13:51  【Printing】  【Close

After years of development, the E-business in Yiwu grows greatly and the number of E-businessmen has a dramatic increase. The E-business system with Yiwu features has begun to take shape and the mutually beneficial interaction between physical markets and virtual markets has achieved good results.

There are many advantages in developing E-business in Yiwu. First, the abundant commodities in the market are premier goods resource for B2C and C2C sellers. The E-businessmen could do one-stop shopping in Yiwu, a city like a unique "warehouse for goods of online shops". Besides, some superior industries in the market provide the goods which are popular in B2C and C2C. And warehousing is another function of Yiwu market. Some online shops accept orders outside Yiwu while delivering goods locally, which reduces the risk that comes with stocking up on goods and thus improves the turnover rate of fund.

The international and domestic logistics channels are smooth. In the city, there are over 600 routes for domestic consignment, over 230 unloading spots and over 100 express companies of various scales, which constitute a goods delivery and transportation network stretching to the whole world. It takes only 2 to 3 days for parcel delivery from Yiwu to other parts in China. For example, 2 days are enough for goods to come from Yiwu to Liaoning province. The express speed is superior to that of other places in the country. In addition, the cost of logistics in Yiwu is as low as only 12% of the whole cost of commodities, which is far lower than the national average of 17%.

The target of Yiwu is to create a good environment for E-business development and build the E-business capital for commodities, the largest Internet purchasing center of consumer goods, the national E-businessmen center and the regional logistics and express service center by taking advantage of its abundant commodities, complete logistics and express service.

As a new economic activity on the Internet, E-business makes a revolution in the traditional market and it is an indispensable strategy to strengthen the economic power in a global and long-term view. Recently policies for promoting E-business development have been issued. It is an important step to comply with the development trend of market and will have an active and profound impact on the economic globalization and the diversified development of logistics.

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