Decoding Yiwu: From "Chicken Feather Exchange for Sugar" to "World Supermarket"

Release time:Apr 16, 2024 22:05 PM

From a small town in central Zhejiang with inconvenient transportation and limited resources

Up to now, there are railway open ports and airport ports

International Business City

Walking through the streets and alleys with a hand cranked drum, exchanging chicken feathers for sugar


Decoding Yiwu: From "Chicken Feather Exchange for Sugar" to "World Supermarket"

To the world's largest small commodity market

Yiwu Continuously Innovates and Breakthroughs

Seeking Motivation from Reform

Yiwu is a microcosm of China's 45 year process of reform and opening up


Decoding Yiwu: From "Chicken Feather Exchange for Sugar" to "World Supermarket"

It is also a microcosm of China's globalization and integration into the world

Yiwu salesman exchanges chicken feathers for sugar.

The people of Yiwu have had a habit of doing business since ancient times

"Chicken feathers for sugar" is a traditional way for Yiwu traders to make a living


Decoding Yiwu: From "Chicken Feather Exchange for Sugar" to "World Supermarket"

During the leisure time of farming, the Yiwu merchants would shake their tambourines

Carrying a basket full of beaten sugar

Walking in urban and rural areas of Zhejiang and its surrounding provinces

Exchange for waste products such as chicken feathers and toothpaste peels


Decoding Yiwu: From "Chicken Feather Exchange for Sugar" to "World Supermarket"

After returning home, I will exchange the chicken feathers for it

Used as fertilizer for farmland or made into dusters and sold to supply and marketing cooperatives

Toothpaste skin and other products are sold to waste recycling stations

The first generation small commodity market in Yiwu opened in 1982.


Decoding Yiwu: From "Chicken Feather Exchange for Sugar" to "World Supermarket"

After the reform and opening up

Some Yiwu people have started selling daily necessities as a business

1982

The first generation of small commodity market in Yiwu was born


Decoding Yiwu: From "Chicken Feather Exchange for Sugar" to "World Supermarket"

The second generation small commodity market in Yiwu, which opened at the end of 1984.

Zhejiang Yiwu Fourth Generation Small Commodity Wholesale Market

Built and put into use in May 1992

The fourth generation small commodity market in Yiwu was built and opened in 1992.


Decoding Yiwu: From "Chicken Feather Exchange for Sugar" to "World Supermarket"

Outdoor view of the fourth generation small commodity wholesale market in Yiwu in the 1990s.

October 21, 2008

Yiwu International Trade City Phase III Phase I Market Opening

A partial photo of Yiwu International Trade City taken on October 25, 2008.


Decoding Yiwu: From "Chicken Feather Exchange for Sugar" to "World Supermarket"

Yiwu Manufacturing Goes Global

Not only because there is the world's largest wholesale market for small commodities here

Originating from the continuously improving quality and brand of "Made in China"

The photo on the left shows Feng Aiqian, the first generation operator of Yiwu Small Commodity Market, promoting sun hats to customers; On October 25, 2018, 78 year old Feng Aiqian listened to her grandson, Yang Fan, a business owner of Yiwu International Trade City, introduce his new self produced and self sold socks. After graduating from university, Yang Fan became the general manager of the sock industry company founded by his father.


Decoding Yiwu: From "Chicken Feather Exchange for Sugar" to "World Supermarket"

On January 14, 2021, Yemeni merchants purchased teapots at Yiwu International Trade City and introduced prices and inventory to Saudi customers through video.

On February 12, 2022, the anchor introduced the opening of Yiwu China Small Commodity City to buyers through live streaming.

On November 17, 2022, at Yiwu International Trade City, an officially authorized merchant displayed the flags of participating countries and surrounding products for the 2022 Qatar World Cup.

On February 2, 2023, merchants from India made purchases at a toy store in Yiwu International Trade City.


Decoding Yiwu: From "Chicken Feather Exchange for Sugar" to "World Supermarket"

From selling goods to self-produced and self sold

From OEM production to proprietary branding

The changes in the market structure of Yiwu demonstrate the vitality of this city

It also reflects the pace of transformation and upgrading of China's manufacturing industry


Decoding Yiwu: From "Chicken Feather Exchange for Sugar" to "World Supermarket"

On May 3, 2017, at Shentong Company in Yiwu, robots carried packages for sorting.

Adapt to the development trend

Adhere to reform and opening up

Yiwu market becomes an important node for integrating into the dual circulation


Decoding Yiwu: From "Chicken Feather Exchange for Sugar" to "World Supermarket"

On November 23, 2021, the "Qiaoshang Hao" China Europe freight train departed from the Yiwu West Railway Station.

The "Yiwu Central Asia Five Countries 10th Anniversary Commemorative Train" China Europe Express was filmed on April 23, 2023 at Yiwu West Station.

2023

It is the tenth anniversary of the joint construction of the "the Belt and Road" initiative


Decoding Yiwu: From "Chicken Feather Exchange for Sugar" to "World Supermarket"

Over the past decade, the trade exchanges between Yiwu and Central Asian countries have been continuously expanding

On October 25, 2019, the first train of the China Europe freight train "World Electronic Trade Platform Cainiao", loaded with 82 TEUs, arrived at the logistics multimodal freight station in Liege, Belgium.

On July 29, 2023, the X8020 China Europe freight train, loaded with 110 TEUs of exported goods, is preparing to depart from the Yiwu West Railway Station.

Yiwu Customs data display


Decoding Yiwu: From "Chicken Feather Exchange for Sugar" to "World Supermarket"

As of May this year

Yiwu China Europe Railway Express

A total of 2088 trains have been operated

Shipping over 170000 TEUs


Decoding Yiwu: From "Chicken Feather Exchange for Sugar" to "World Supermarket"

On November 24, 2022, merchants held talks in an exhibition area of the Yiwu Market's 40th Anniversary Theme Hall.

For over 40 years, Yiwu has continued to struggle

Small commodities, big world

Yiwu provides a Chinese case of win-win cooperation with the world


Decoding Yiwu: From "Chicken Feather Exchange for Sugar" to "World Supermarket"

Continuously telling the world the story of China in the new era

Production: Lu Ye

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