Yiwu Market Is Now Fully Opened After 2011 Chinese New Year
Yiwu Market Is Fully Opened Now
After 20 days of open and half-open because of Chinese New Year, Yiwu market is now fully opened. We found out that about 90% of shops inside Yiwu markets were all opened by today.
However, the market were still pretty quiet as not many buyers are back. Usually in sections like jewelry, there are very heavy populations, but we could see some shop owners sleeping inside their shops today.
Factories are far more than fully opened as many immigrant workers are still on the way back, or will probably never come back. Who knows?
"After-holiday" Problems - Labor Shortage
Like last year, the factories this year are all facing a shortage of labor after holiday, because many worker are not coming back.
This is partly because many factories in China are moving inside to inlands, so workers can find jobs easier in their hometowns.
Partly because many major constructions like railways, high ways and big buildings are be built at inland areas. These projects offered more jobs than ever before.
The most important reason still is: there are fewer and fewer factory worker in China now and in the future because of "one-child-policy".
Our grandparents usually give birth to six to eight kids. That our parents generation. But our parents generation are now stepping into their fifties or sixties. For our parents, most of them only have one child. That means workers numbers are reducing from six or eight to one!
"After-holiday" Problems - Products Quality
As always, some skilled workers will not come back to work. Factories have to employ new workers. These green hands need to be trained to become skillful. Obviously, this takes time.
Also because of short of labor, some factories just pack up products without final QC before shipping out.
Buyers should pay extra attention for QA/QC while they are collecting orders at this time.
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Yiwu Market News:
14 Nov. 2011:
Yiwu Market Turnover Reached 1,500 million USD in Q3 2011
02 Oct. 2011:
Over 20% Shops Close or Half-close from Oct.01 to Oct.03, 2011
23 Sep. 2011:
Yiwu Market Is Becoming Busy
20 Aug. 2011:
Yiwu Binwang Market is EMPTY now!
24 Apr. 2011:
Canada Mart in Yiwu Market Opened on Apr. 20, 2011.
17 Apr. 2011:
District 5 of Yiwu International Commodity City Will Begin Trial Operation On May. 18, 2011.
23 Mar. 2011:
Yiwu Huangyuan Clothing Market Is Upcoming.
18 Feb. 2011:
Yiwu Market Is Fully Opened Now After 2011 Chinese New Year.
01 Feb. 2011:
Yiwu International Trade Center D5 Recruit Plan .
08 Jan. 2011:
Yiwu International Trade Center & Bingwang Market 2010 Annual Turnover Reached 45.6 Billion Yuan .
26 Dec. 2010:
International Trade City District 5 Is Recruiting New Vendors.
20 Dec. 2010:
Yiwu Huangyuan Clothes Market Is Bringing In New Vendors.
20 Oct. 2010:
Free Link Shuttles around International Trade City Has 6 More Stops.
05 Oct. 2010:
Yiwu Factories Are Asking For Longer Lead Time Due to Lack of Labor and Power.
23 Sep. 2010:
Yiwu Market and Yiwu Fair Were Introduced On MACEF 2010.
17 Sep. 2010:
Currency Exchange Rate Only Has Limited Negative Impacts On Chinese Exports.
13 Sep. 2010:
Demand of Cleaning Products in Yiwu Market Is Increasing.
07 Sep. 2010:
Watches and Clocks Are Still Selling Fast in This Holiday Season.
08 Mar. 2010:
Yiwu Market Prices May Rise!
28 Feb. 2010:
Yiwu Market Is Fully Opened Now!
02 Jan. 2010:
2009 Yiwu International Trade City Turnover Hit Another Record of 6 Billion USD.
28 Dec. 2009:
2010 Spring Festival holiday is from 13th, Feb. 2010 to 21st, Feb. 2010.
Free shuttles go around Yiwu international trade city everyday.
8 Aug. 2009:
Yiwu Market Shows Recovery