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"South Yiwu, North Linyi": The legendary revelation of two big business cities

(People's Daily Online)    10:13, May 18, 2015
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The electric business platform “yiwugou” of Yiwu entity market, April 10, 2014. “yiwugou” was officially launched in 2012. At present, more than 98 percent of the business users of Yiwu small commodity markets have completed the real name authentication. The total number of goods sold on the platform has reached 3.05 million. (Xinhua/Han Chuanhao)

Linyi in Shandong and Yiwu in Zhejiang are a thousand miles apart, however, a phenomenon called “South Yiwu, North Linyi” exists in Chinese economic territory. One is the largest commodity distribution market in the world; the other is the largest professional market cluster in China. Their boom is regarded as the barometer of Chinese trade flow. The two cities, neither close to the sea nor are regional centers, created the miraculous market success at the same time. What are the commercial passwords hidden behind the coincidence?

 


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(Editor:Jin Chen,Yao Chun)

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