MORE than 110,000 domestic and foreign business people from 130 countries and regions are displaying and selling products during a trade fair from Monday to Friday to in Yiwu City, East China’s Zhejiang Province.More than 200,000 kinds of small commodities produced by more than 2,565 domestic and overseas factories were on display at the 2007 China Yiwu International Small Commodities Exposition, the fair organizers said Sunday. There are 4,500 booths for the exhibitors, covering a floor area of 90,000 square meters, they said. A series of lectures, forums and presentations will be held as part of the international commodities fair, which was launched in 1995. Last year, the fair reached a total trade value of 9.45 billion yuan (US$1.26 billion), including US$780 million exports.
Yiwu has turned into Asia’s largest marketplace of small commodities ranging from needles and buttons to lighters and playing cards, since China launched its reform and opening drive 29 years ago. Zhejiang, one of the fastest developed provinces in the country, is home to many factories producing small commodities in large quantities.
