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Development Factors of Yiwu Small Commodity Market

Yiwu Small Commodity City has become the biggest wholesale market in China in more than 20 years. There are many summaries of management. For example, Yiwu people have the following business spirits: they are hard-working and persistent, and they go through the world and earn small profits. Yiwu has taken shape as an international trade city and become the biggest wholesale market in China due to the following management and reasons: low labor cost, management cost and the astonishing level of wholesale price caused by the above, and strong ability of commodity innovation and market innovation, etc.

Explore the successful management of Yiwu Small Commodity Market from the main factor of "human" that is the core of Yiwu Small Commodity Market is the cooperation between authoritative and wise Yiwu government and intelligent and capable Yiwu merchant group.

Although the characteristics of Yiwu's development were initially created by folk forces, guidance, regulation, standardization and service of the government played a decisive role in the later development process.

The government of outstanding achievements contributes to every stage of economic and social development of Yiwu.
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