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Video: Yiwu market works with E-commerce


10:43, November 26, 2012

By CCTV reporter Ying Yiyuan

Eastern Chinese city Yiwu is known for its small commodities market, which attracted some 440,000 oversea buyers last year. It has contributed to a substantial part of China’s rising export over the past decade. However, the fast expanding internet business trend, has raised questions on how this wholesale market will adapt.

Chen Shufang has been selling toys in Yiwu market for 20 years, 90% of her products are sold abroad. Her shop is located in one of the prime locations, but she finds fewer clients are visiting the shop this year.

Chen said, "Maybe it’s because of the financial crisis, the number of foreigners here has decreased, so has my orders. Usually, our business is thriving in autumn."

Talking about the explosion of internet businesses, she says she prefers making physical sales.

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