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Yiwu Economic Status

Update Date:2018-5-15 9:48:29     Source:www.3737580.com     Views:595

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Economic Structure:
Yiwu boasts developed self-employed and private economy with diversified ownership structures. With the lead of commercial and trading industry, the first, second and tertiary industries develop coordinately with the ratio of the three industries of 5:51:44.

Industrial Economy:
Based on the advantages of the market, Yiwu gradually builds two major industrial economy development areas with the planning area of 200 sq km and fosters a number of advantage industries and products including clothing, knitting, craftworks, color printing and zippers.

Clothing: Yiwu becomes one of the four shirt manufacturing bases in China and Dachen Town and Suxi Town are recognized as the hometowns of China’s shirts with daily output of 0.9 million.


Knitting: The knitting industry with the main products of socks and stockings possesses over 60,000 hosiery machines including over 30,000 state-of-the-art hosiery machines in the world. The total output of Yiwu’s knitting industry accounted for 40% of the total output in China.

 

Craftworks: The craft industry with the advantages in ornaments, decorations and photo frames are equipped with modern production facilities. Over 70,000 employees are engaged in the industry and produce the trendiest products which are popular around the world.


Zippers: The output and sale volume of zippers account for one fourth and more than one third of those in the domestic market respectively.

 

Toys: The Yiwu-made inflatable, plastic and plush toys sell well in over 30 countries and areas around the world.


Printing: There are more than 400 enterprises in the printing industries and the most advanced printing equipments in the world are also can be seen in Yiwu.

 

Wool Textiles: Yiwu are one the two major manufacturing bases of wool textile products in China.


Agricultural Economy: With increasing optimization of agricultural structure, benefit-oriented agriculture has been developed smoothly and over 130 leading agricultural enterprises were established with agricultural production bases covering 120,000Mus. Besides, the eco-agriculture, tourism agriculture and leisure agriculture in the agricultural economic development zone, with a planning area of 12,700Mus, all developed vigorously.

 

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