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75,000+ [ 2] Yiwu International Trade City ( Chinese: 义乌国际商贸城 ), also known as the Yiwu Market, is the primary wholesale market complex in Yiwu, Zhejiang, China. According to the World Bank, it is the world's largest small commodities market. [ 3][ 4] In 2022, the market sold around US$70 billion of goods. [ 5]
The Wuhan Huanan Seafood Wholesale Market ( Chinese: 武汉华南海鲜批发市场 ), [ 1][ 2] simply known as the Huanan Seafood Market[ 3] ( Huanan means ' South China '), was a live animal and seafood market in Jianghan District, Wuhan, the capital of Hubei Province, in Central China. The market opened on 19 June 2002. The market became ...
After more than 20 years development, China's commodities futures market has become one of the world's largest. [2] Up to the end of 2011, there are 29 exchange traded futures products in China, more than 10 commodities such as corn, wheat, copper, steel, etc. and the total trading volume exceeded 300 trillion. [3]
Xinfadi Village, where the market is located, was originally named "Xinfendi" (simplified Chinese: 新坟地; traditional Chinese: 新墳地; pinyin: Xīnféndì, literally "new grave land"), because in 1958 a graveyard located there was leveled to create farmland. The area gradually turned into a settlement, and the name was changed to ...
Group buying. Group buying, also known as collective buying, offers products and services at significantly reduced prices on the condition that a minimum number of buyers would make the purchase. Origins of group buying can be traced to China, where it is known as Tuán Gòu ( Chinese: 团购 ), or team buying. [1]
Yiwu. / 29.30694°N 120.07528°E / 29.30694; 120.07528. Yiwu ( simplified Chinese: 义乌; traditional Chinese: 義烏; pinyin: Yìwū) is a county-level city under the jurisdiction of Jinhua in Central Zhejiang Province, East China. As of the 2020 census, the city had 1,859,390 inhabitants and its built-up (or metro) area, joined with ...
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