YIWU, China, Dec. 16, 2014 /PRNewswire/ -- As Christmas approaches, Emily, a mother-of-two and an employee of a bank in New York City, has bought a Christmas tree and decorated it with beautiful lights and ornaments for her kids. On the other side of the world, Mr. Li, a Christmas product supplier from Yiwu Commodity Market, said proudly, "Six out of 10 Christmas trees purchased in the United States are from Yiwu." According to the Qianjiang Evening News, Yiwu is the world's largest manufacturing and exporting center for Christmas products, producing 65 percent of Christmas products around the world.
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In general, the export season of Christmas products is from July to September. However, the exports were under pressure this year in Yiwu due to rising labor costs, the RMB exchange rate fluctuations and Latin America's economic downturn, which has made more than 600 related enterprises realize the urgent need for transforming and upgrading the market.
Launched in October 2013, the international official website of Yiwu Commodity Market, Yiwubuy.com, is willing to take on this revolutionary mission. The "Global Partnership Plan" is put in place in order to open up the procurement channel and lower purchasing costs for global purchasers. This plan consists of two parts. The first part entails a worldwide launch of the sub-website of Yiwubuy.com. The second part will set up offline experience centers in the world.
Yiwubuy.com will create a closely-knit e-commerce community for global buyers with better purchasing experience in O2O mode with its strong features:
