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  2. Yiwu International Trade City - Wikipedia

    en.wikipedia.org/wiki/Yiwu_International_Trade_City

    Other information. Number of stores. 75,000+ [ 2] 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 ...

  3. Alibaba Group - Wikipedia

    en.wikipedia.org/wiki/Alibaba_Group

    Alibaba Group Holding Limited, branded as Alibaba, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology.Founded on 28 June 1999 [1] in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via Chinese and global marketplaces, as well as local consumer ...

  4. Shein - Wikipedia

    en.wikipedia.org/wiki/Shein

    Shein, originally named ZZKKO, was founded in China in 2008 by entrepreneur and search engine optimization (SEO) marketing specialist Chris Xu (Xu Yangtian). [11] [5] [12] Information on Xu's educational and career background remains elusive as of 2022, with sources conflicting on details of his biography.

  5. Yiwu - Wikipedia

    en.wikipedia.org/wiki/Yiwu

    Yiwu. /  29.30694°N 120.07528°E  / 29.30694; 120.07528. Yiwu ( simplified Chinese: 义乌; traditional Chinese: 義烏; pinyin: Yìwū) is a county-level city under the jurisdiction of Jinhua in Central Zhejiang Province, East China. As of the 2020 census, the city had 1,859,390 inhabitants and its built-up (or metro) area, joined with ...

  6. Wholesaling - Wikipedia

    en.wikipedia.org/wiki/Wholesaling

    Traditionally, wholesalers were closer to the markets they supplied than the source from which they got the products. [3] However, with the advent of the internet and e-procurement there is an increasing number of wholesalers located nearer to the manufacturers in China, Taiwan, and Southeast Asia. The profit margins of wholesalers depend ...

  7. History of trade of the People's Republic of China - Wikipedia

    en.wikipedia.org/wiki/History_of_trade_of_the...

    History of trade of the People's Republic of China. Trade is a key factor of the economy of China. In the three decades following the dump of the Communist Chinese state in 1949, China's trade institutions at first developed into a partially modern but somewhat inefficient system. The drive to modernize the economy that began in 1978 required a ...

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