Yiwu tries to enhance the establishment of intangible market

Recently, the “Commodity City” has declared that it will establish a construction company for international e-commerce project with joint investment by Institute of Computing Technology Chinese Academy of Sciences and Zhejiang Provincial Railway Investment Group Co., Ltd. With the rapid development of E-commerce, the impact of internet virtual market on the real market becomes more and more obvious. yiwu has proposed to create an “Online Commodity City”, since after several years ‘s deliberation, Yiwu intangible market already has a solid foundation for establishment. According to the latest released 2011 Yiwu E-Commerce Industry Six Months Trend Analysis Report, Yiwu has more than 53,000 Internet Product Suppliers .There is also a statistical data showing that by the end of last year Yiwu will have more than 45,000 Taobao C Stores and over 500 Taobao B Stores. In the International Commodity City, over 80% of businesses have broadband internet access. It means that Yiwu e-commerce industry has already been moving into rapid development phase of industrial clusters, younger Internet Product Suppliers group and the diversified industrial development. And the conditions for setting up e-commerce platform have been basically ready. Relying on the market entities and industrial advantages, Yiwu tries to build up a global network goods distribution center, collection and distribution center for global Internet Product Suppliers, regional express distribution center, third-party platform system with advanced local features, and huge capacity information processing center. Comparing to Alibaba, Taobao and other pioneers of e-commerce industry, the establishment of Yiwu intangible market has an unparalleled advantage:the back-up group made up with 62,000 businesses in the market, which can realize the one-to-one correspondence of real entity shops and network shops, full control can be carried over transaction payment, logistics and other aspects, and the problem of sincerity and credit can be solved very well, and the intangible market will have good prospect.