Yiwu，No.1 of China’s Top 10 Market Cities

For more intensive studies of the commodity markets ，scientific researchers of the Institute of Finance & Trade Economics ( IFTE)，Chinese Academy of Social Sciences (CASS)，worked together for over 2 years with experts and scholars from research institution，universities ，guilds ，business administration departments for the Bluebook of Commodity Market Development in China through on-the-spot investigation ，interview ，discussion ，questionnaire ，secondhand data collection ，etc . They studied more than 300 markets in different areas ，types ，industries and development stages ， and produced 7 different lists of award winners for the year 2007 related to China commodity markets ： China ’ s Top 10 Market Cities ，China ’s Top 10 Advanced Markets ，China ’s Top 10 Brand Markets ，China ’s Top 10 Innovation Markets ，China ’s Top 10 New-star Markets ，China ’s Top 10 Market Worthies and China ’s Top 10 Zhejiang Businessmen Outstanding in Foreign Investment Market .

It is learned that the top 10 market cites are Yiwu City ，Yongkang City ，Shaoxing County， Haining City ，Tongxiang City，Foshan City，Shouguang City，Linyi City，Changzhou City and Wujiang City .

The volume of business of Yiwu commodi ti es has been No. 1 among national markets for 15 years and this year CCC is No . 1 of the Top 10 Advanced Markets . Having developed for over 10 years ，relying on Yiwu international trade city ， Yiwu Decoration City is becoming a shining star among decoration markets in Yiwu and even in China . Decoration commodities reach more than 10 provinces and cities like Shandong， Jiangsu， Anhui，Jiangxi，Sichan，Guizhou，Shanghai and Beijing . The yearly volume of business reached 60 million yuan from 2001 to 2005 and the volume of business exceeded 100 million yuan in 2006 . For all this，Yiwu Decorat ion City is ranked No.1 of China’s Top 10 New-star Markets .

The list shows that Yiwu is becoming the leader of over 300 markets in China as well as the bank of market management talents . The list also shows that over half of the top ten market cities are those in Zhejiang Province . It is said that 16 markets in Zhejiang were awarded various grand prizes for China's best commodities markets in 2007 .