【学员感言】Yiwu, a window to the world
by Julio Cesar López, 2014 Autumn International Student
Yiwu, as one of the most known city for trade in China, was one of the largest market journeys that I have ever experienced. Taken from a good source, if you would like to visit every single shop at the market and stay 3 minutes in each of them, you need to be very patient, because it would take you more than a year.
The compound is formed by 5 districts in which you can find different types of products. On the trip we supposed to visit just District 1, and look around, but our team decided to go and explore more than just District 1, therefore we went to District 4, searching for something else that retail.
We found interesting facts about shoes on District 4, such as minimum orders and different kinds of terms for doing business with the shoes suppliers, although it was a little bit hard to communicate with them because we couldn’t find anyone who speaks English, even though it supposed to be the International Trade City, but for me it was not really international, although I observed few people from another countries trying to doing business and asking for prices and materials.
In the way to District 4th, I noticed that there is a lot of products for decoration, office and toys for kids which reminds me all the Chinese products that I can find in my country, (Mexico) in big and famous markets. That’s why I went to the web to find out if Yiwu products are around Mexican market, and I found that there are certain agencies which help you to buy products from Yiwu, and they charge you with a fee, depending on the product and the amount of money, also I could find a website where you can buy products onlin. For this reason I believe Yiwu is not only improving local economy, it´s also creating a platform for small business in other countries, and helping to increase job opportunities.
In another hand, I would like to talk about the quality of the products that I saw in Yiwu. As I could see the type of products that you can find in Yiwu are not specialized ones, they are basic products, which I think is easier to commercialize them in all countries, because you don’t need a lot of know-how and technical investment, such as MengNa, company that sell socks all over the world, and we have the opportunity to visit the plant.
Handsome Wang, MengNa´s Sales Manager, gave us an interesting speech about how they do business and also some facts about socks that I´ve never heard, such as production cost and how they advertise their own brand in some fairs, but for me is really interesting how they don’t have to do a great advertising effort, but they just only wait for customers, which finally makes me think that having a production plant in Yiwu is a world-window for Chinese companies, and a business opportunity for all the foreigners who want to import products from China.