The China Wholesale Market has been growing steadily and has become a major source of income for the country. It provides businesses with different types of products, including industrial and agricultural products, clothing, and textile products. The market also has a wide variety of services such as sourcing from suppliers overseas and importing goods from other countries. It is the largest wholesale market in China, with a total area of about 200 million square meters.
China Direct Trade Market (CDTM) is an online platform that connects Chinese companies to foreign buyers like you or me. This platform allows you to find out the best price for your product in China without having to leave your home or office.
If you want to know more, read about the top 8 wholesale markets for China that are the backbone of Chinese Merchandise.
Best China Wholesale Markets For Easier Sourcing
If you want to source products for sale in China, here are a few places you need to know.
Yiwu - World's Largest Market Of Small Commodity Wholesale
The Yiwu market is an economic hub for China. It is the largest wholesale market in the world with a turnover of over $1 trillion. Yiwu has a major impact on China's economy, especially on the country's export and import trade.
It has become one of the most important commodities trading centers in China, which has impacted its economy tremendously. The main commodity traded in this market is textiles and garments, followed by electronics and machinery.
The economic impact of commodity wholesale in Yiwu Market is significant because it contributes to about 10 percent of China’s total exports and imports.
Guangzhou - China's Largest Clothing Wholesale Market
Guangzhou, China's largest clothing wholesale market, is the world's second-largest wholesale market, after Hong Kong. It is estimated that more than 90% of the clothes bought in China are for resale, and most are sold through wholesale markets including Guangzhou.
The Guangzhou Wholesale Market is the world's second-largest wholesale market and the largest in China. It is also one of the busiest wholesale markets in Asia, with a turnover of US$160 billion in 2017. The market covers an area of nearly 8,000 hectares. It has more than 220 buildings and 6,000 kinds of wholesale merchandise.
The market is divided into the North Wholesale Market (formerly known as "Chengqi"), South Wholesale Market ("Qianhai"), and the New Wholesale Market (opened in 2013). This clothing wholesale market in Guangzhou sells clothes mainly to countries including the United States, Japan, Korea, and Vietnam.
Yantai - China's Largest Textile Wholesale Market
Yantai is the largest textile wholesale market in China. The first weaving mill in China was founded in Yantai by the American missionary John Leyden, who came to Yantai in 1872 with his wife and five companions.
In 1898, it grew into an important textile production center which is now often called the "Textile Capital" of China. It is located on the coast of Shandong province and is well-known for its substantial textile industry.
It has long been one of China's major textile production centers and traders.
Yantai has also been called the "Textile Capital" of China. Their major textile products include clothing, shoes, and fabrics of various types, bedding, and accessories.
Shanghai - China's Largest Electronic Wholesalers Market
Shanghai is the largest electronic wholesaler market in China. It is also one of the most important cities in China. This is a city that has been flourishing for many years due to its economic development. In recent years, it has become a center for international trade and investment.
The Shanghai Electronic Wholesalers Market (SEW) was established in 1988 and it is now one of the largest markets in China with an annual turnover of over 1 trillion RMB.
The market offers a wide range of electronic products including consumer electronics, computers, mobile phones, and related accessories as well as other electronic goods such as household appliances, office equipment, and industrial products.
Hefei - China's Largest Computer Wholesalers Market
Hefei Computer Wholesalers Market is the largest computer wholesale market in China. It was established in 1987, and it has been China's first computer wholesaler market. Hefei Computer Wholesalers Market is located in the city of Hefei, Anhui Province.
The market covers an area of 20 hectares and more than 1,000 businesses are located there. It is a place where you can find all kinds of computers, laptops, tablets, mobile phones, and other IT products at low prices.
Hangzhou - China's Largest Digital Camera Wholesalers Market
Hangzhou is a city in the eastern part of China, and the capital city of Zhejiang Province. It is one of the four most populous cities in China and has an area of about 5,300 square kilometers.
The Hangzhou digital camera wholesaler market is one of the largest markets for digital cameras in China. It has been growing rapidly since 2013, with a CAGR (compound annual growth rate) of over 30% from 2013 to 2017.
The Hangzhou digital camera wholesaler market has been widely recognized as one of the most important markets for global brands to enter China. . If a company can gain a foothold in this market, it can then use its distribution network to break into other markets as well.
The local consumer electronics market in China is forecast to top $400 billion by 2023, with sales of consumer devices accounting for half the total sales
Shanghai - China's Largest Carpet and Home Furnishing Wholesalers Market
Shanghai is a major city in China, with a population of more than 24 million. It is also known as the "Paris of the East." Shanghai Carpet Wholesalers Market is one of the largest carpets and home furnishing wholesaler markets in Shanghai.
The market covers an area of about 600,000 square meters and has over 700 wholesalers. Most carpet wholesalers are located on the east side of Jing'an Temple, where there are many car dealerships that have become popular since they started to sell cars at low prices.
Shanghai Carpet Wholesaler Market is located on the east side of Jing'an Temple, where there are many car dealerships that have become popular since they started to sell cars at low prices.
Shenzhen - China's Largest Footwear, Sportswear, and Outdoor Equipment Wholesalers Market
Shenzhen is the largest market for sportswear, footwear, and outdoor equipment in China. The city is also the country's major hub for industrial design, electronics manufacturing, and software development.
The city's economy is largely driven by its large number of factories that produce a wide variety of products. This has led to Shenzhen becoming one of China's most important manufacturing centers. it has a big wholesale market selling items like footwear, sportswear, and outdoor equipment.
Shenzhen is a major hub of the electronics and computer industry in China, as well as an important base for trade with Hong Kong and the rest of the world.
Shenzhen has become a leading producer of electronic products such as mobile phones, personal computers, and laptops.
Final Words
China is a haven for suppliers of all items. They offer affordable, high-quality goods. For product procurement, you want to go to these wholesale markets in China. In reality, in addition to those mentioned above, there are several other professional wholesale markets. For instance, Yiwu Furniture Market and Guangzhou Chaoyang Stationery Market.
We do, however, hope that the article has increased your understanding of China merchandise.