Peeking inside the dizzying breadth of China's manufacturing prowess
By: +David Herron; Date: May 13, 2018
In this video, Scotty from Strange Parts travels to Yiwu Industrial Trade City - the largest wholesale market in the world. It is a cluster of buildings covering 5.5 million square meters of exhibit space, sprawling for 7 kilometers.
This is a wholesale market meaning that the vendors are not selling products to retail buyers. The building is like a shopping mall. Well, a Chinese shopping mall - which is wholly unlike Western shopping malls, a Chinese shopping mall feels more like an office building but with hundreds of independently owned shopw.
In this case every shop in Yiwu Industrial Trade City is an exhibit space for a manufacturer to display their wares. The visitors come from around the world to find products to sell through their own stores. They make deals for ordering a given quantity of merchandise, shipped to a given port, that the distributor then sends to their own stores to put on sale to retail customers.
The picture shown above is just one small segment of Yiwu Industrial Trade City. In the video below, the guys went through a couple "Districts" but only touched the surface of this place.
This video raises the question - how do product distributors and retailers find the products they sell? The traditional method is going to trade shows, to talk with distributors or maybe manufacturers. There are websites like
AliBaba.com and its sister website
AliExpress.com that list zillions of products in an online catalog of dizzying breadth and scope. But, folks can also go to Yiwu Industrial Trade City to browse available products manufactured in China.
NOTE All pictures in this post are copied from a video by Scotty of the Strange Parts channel on YouTube. Therefore, every picture is his.
Inside the World's Largest Wholesale Markets - in Yiwu China - YouTube
Source: Strange PartsGo watch Collin Abroadcast's video bargaining in the same markets: https://youtu.be/zFs1MQzISRE Subscribe to Collin Abroadcast's channel: https://youtube.com...