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Yiwu International Trade City (Chinese: 义乌国际商贸城), also known as the Yiwu Market, is the primary wholesale market complex in Yiwu, Zhejiang, China. According to the World Bank, it is the world's largest small commodities market. [3] [4] In 2022, the market sold around US$70 billion of goods. [5]
According to the United Nations Statistics Division, wholesale is the resale of new and used goods to retailers, to industrial, commercial, institutional or professional users, or to other wholesalers, or involves acting as an agent or broker in buying merchandise for, or selling merchandise to, such persons or companies.
In addition, WFOEs now have the right to distribute their products in mainland China via both wholesale and retail channels. Another recent variant (the Foreign Invested Commercial Enterprise FICE) of the WFOE has also come into effect, and are used mainly for trading and buying and selling in China.
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Pages in category "Wholesale markets in China" The following 6 pages are in this category, out of 6 total. This list may not reflect recent changes. D. Dayanglu ...
WASHINGTON (Reuters) -U.S. President-elect Donald Trump and Chinese President Xi Jinping discussed issues including TikTok, trade and Taiwan in a phone call on Friday, just days before Trump takes ...
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