Yiwubuy.com Seeks Global Partners under the B&R Initiative

Feb 29, 2016, 11:00 ET from Yiwugou

YIWU, China, Feb. 29, 2016 /PRNewswire/ -- Yiwubuy.com (under Yiwugou), the one-stop cross-border wholesale platform for world's largest commodity market, is recruiting partners around the globe. Would-be partners are to work together with Yiwugou to promote Yiwubuy.com in relevant areas, so as to provide overseas buyers with better services. Also, these partners may connect their business with Yiwu Commodity Market to expand business size, thus sharing gains offered by Yiwubuy.com and benefiting from superior resources of Yiwu Commodity Market. Preferably, the platform welcomes partnership with cross-border trading or logistics companies worldwide that enjoy certain marketing or buyer resources.

In recent years, Yiwu has been proactive in aligning itself with the Belt and Road (B&R) Initiative, making great efforts to build international railway channels for commodities. On February 15, the first cargo train from Yiwu (China) to Tehran (Middle East), which was another international cargo train bound for countries covered by the B&R Initiative following the China-Europe cargo train from Yiwu to Madrid, arrived at the central railway station in Tehran, the Iranian capital. The Yiwu-Tehran train carried 82 containers laden with beddings, hardware tools, accessories, among others, delivering the commodities of Yiwu directly to Iran by railway for the first time. This has dramatically accelerated logistics between Yiwu and the Middle East.

To ensure smooth clearance of international cargo trains, Yiwu Customs has set up a dedicated service window featuring "7×24" clearance by appointment, enabling one-stop clearance for commodity export. Additionally, it has introduced the "road + railway transportation" clearance model, where enterprises surrounding Yiwu first complete declaration locally before their goods are transported to Yiwu by road and then exported to Central Asia and Europe by international trains. Last year, according to Yiwu Customs, it handled a total of 5,242 TEUs for import & export via international trains, soaring 69% YoY.

Given that Yiwu is well positioned to develop e-business, Yiwugou is making the most of the city's convenient, efficient modern logistics system, well-established comprehensive service system for e-business, and supportive policies at both the city and state level. These efforts aim to develop an all-new O2O e-business model, helping build Yiwu into a global marketing center for Internet goods, a cluster of network vendors, as well as a hub for cross-border e-business.

Yiwu Commodity Market resumed operation on February 23 from China's Spring Festival holiday. According to statistics, as of February 23 at 3 p.m., 77% (a rise of 11% YoY) of merchants in Yiwu Commodity Market had opened their business; customer volume reached 217,600, an increase of 0.83% YoY, with the volume of foreign merchants registering 868, up 15% from year-ago level.

More info: http://www.yiwugou.com/about/globalpartner.html

Logo - http://photos.prnewswire.com/prnh/20141215/164355LOGO

SOURCE Yiwugou