In the course of the past 13 years ,Yiwu International Commodities Fair (YWICF) has gone through the stage of development from birth to toddling and from childhood to maturity . In other words , it has experienced the process of creating out of nothing then growing up vigorously .
Statistics show that during the 5 days of 2007 YWICF ,there have been 110,156 professional purchasers attending the Fair ,including 85 overseas purchasing groups and 17,011 foreign traders from 172 countries and regions . Over 60% of them are from developed countries in Europe and America . The export-oriented extent of YWICF has been wider and wider with the increasing reputation of Yiwu market. It is recorded that , in 2002 ,there were 61, 000 professional buyers , with 5,668 foreign purchasers from 105 countries and regions . In 2006 ,the number of professional buyers increased to 103,000 ,with 16 ,056 foreign purchasers from 162 countries and regions .Obviously,2007 YWICF hits a new record with regard to the number of professional purchasers from home and abroad . According to statistical data,the turnover of the five-day 2007 YWICF increases to 10 . 89 billion Yuan,a rise of 15 . 3% compared to that of last YWICF;and the total sum exceeds 10 billion Yuan for the first time .
Purchasers with different skin colors centralize in Yiwu,contributing directly to the growth of the volume of foreigntrade here,which amounts to US $980 million,equal to 67 . 5% of the total turnover at 2007 YWICF. In retrospect,2002 YWICF only saw 5 . 1 billion Yuan and US$285 million for its total trade value and export trade value respectively . By 2006,those numbers grew to 9 . 45 billion Yuan and US$780 million respectively .
YWICF has become the third biggest export exhibition at home after the China Export Commodities Fair (Canton Fair) and East China Fair . In terms of size,influence and efficiency,it has been ranked first among all daily consumer goods exhibitions in China .
Meanwhile ,the opening o f Bid8 American Hall attracts the attention of many business people . It is learned that the Hall will be moved to Yiwu International Trade City after the Fair .
Then,over 2,000 American products of 7 categories will be displayed there,including food,beverages,baby necessities,automobile supplies,and household cleaning articles .
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