Yiwu is located in the Zhejiang province in China. The origin of the city dates back to the ancient era when it was known as Wushang. The rich history still glorifies the reign of founder of Yiwu, however the city prospered the most in the reign of Tang dynasty.
Yiwu International Trade City is renowned for its vibrant free market. The United Nations, The World bank and Morgan Stanley have also acknowledged the city as the world's largest market of small commodity wholesales.
The city has witnessed a rapid growth in its fiscal chart. Since 1995 when the foundation of the commodity market was laid, there has been tremendous economic growth in
The city has witnessed a rapid growth in its fiscal chart. Since 1995 when the foundation of the commodity market was laid, there has been tremendous economic growth in
Yiwu City
. The urban area has also been expanded to 2.8 Sq km (as in 1984) to about 18 Sq km. Yiwu GDP reached to 27.24 Billion CNY (4 Billion USD) in the second quarter of 2010. Whereas, the industrial output value last year reached 48.25 billion Yuan marking an increase of 15.5% of the city.
Infrastructure in the city is well-developed and it has surely helped Yiwu to become a modern county-size city. It is well-connected with other cities and countries. It has an airport with a 4C-grade that proposes to serve a dozen of domestic and international destinations. The city is well connected and quite proximate to cities like Shanghai, Ningbo, Wenzhou and Hangzhou.
Streets, peripheries and expressway networks have been developed, respecting the idea of a green city. Irrespective of being the world's largest small commodities market, there is no dearth of lush greens in
Yiwu China
. The green city also offers a treat to nature lovers. According to Yiwu government, there are one over 1000-year-old, four over 800-year-old, 103 over 200-year-old, and over one thousand 100-year-old camphor trees here.
The rich history and past glory speaks loud about the culture of the city. Being the point of some of the oldest art forms, it has fascinated people since ages. Yiwu is well-known for its martial Arts and has kept people attracted for over 1000 years now. Wu-opera, popular as Jinhua Opera, is one of the oldest art forms in china. To add to its thriving culture, there are ample tourist places and getaways such as Xiuhu Lake Park, Yiwu Riverside Park, Yiwu Wetland Park and lots more that will make your trip memorable.