YIWU, China, Nov. 27, 2017 /PRNewswire/ — Yiwugou.com, the official website of the largest commodity market in the world, reached an agreement on Nov. 23 with the Municipal Government of Gumi, Gyeongsangbuk-do, South Korea. Led by Director Kim Gu-yeon of Gumi Economic Development and Trade Relations Administration, the Gumi delegation is the first government-level delegation ready to set a booth in the Yiwugou National Pavilion. This marked a new height of the Pavilion in drawing in businesses and a further stride of the Yiwu market towards the goal of sourcing and selling anything across the world.
According to the project leader, the Yiwugou National Pavilion, since its first debut on the 2017 China Yiwu Imported Commodities Fair in early May, has maintained a fast-growing momentum. To date, altogether 264 booths have been set in the Pavilion, selling and sourcing 2,099 kinds of products to/from about a dozen countries and regions across Asia, Europe, Africa and Oceana. The Pavilion is now seeking partnership with powerful overseas suppliers for more products to access China’s market.
As the next step, the Pavilion will be opened on Yiwugou app. The Chinese buyers may then access this special function on mobile devices and indulge themselves in hot sales from beyond borders. It is also understood that promising overseas suppliers are welcomed to set booths here, with no commissions required until the end of this year.
The National Pavilion is a new B2B cross-border e-commerce program launched by Yiwugou.com. It is a gateway for overseas enterprises and commodities to access the Yiwu market and is a top online distribution hub for overseas commodities. Relying on regional partners to expand business, the Pavilion is accessible and available to high-quality overseas suppliers, and offers overseas commodity exhibition and marketing service for buyers. Yiwugou.com will engage an approved third-party comprehensive service provider to solve any problems arising from cross-border business, inducing payment, logistics, customs clearance and declaration. As with all Yiwugou.com transactions, any businesses conducted in the National Pavilion shall be manageable, controllable and traceable and are subject to good-faith business management of Yiwugou.com.
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