Christmas commodities are seen at a booth of the Yiwu International Trade Mart in Yiwu, east China's Zhejiang Province, June 26, 2019. (Xinhua/Huang Zongzhi)
BEIJING, July 1 (Xinhua) -- Yiwu market, a shopping hub for China's small commodities, opened on Thursday in Dubai, offering a market alternative for overseas purchasers to buy made-in-China products, reported Chinanews.com.
The Yiwu market, located in the Jebel Ali Free Zone of Dubai, is jointly built by the global supply chain solution provider DP World and Zhejiang China Commodities City Group, with an investment of 1.06 billion yuan.
Spanning over an area of 200,000 square meters, the market houses 324 warehouses and 1,600 showrooms that are divided into different sections, like hardware and tools, kitchen and bath, and bedding.
The Yiwu market will cement Dubai's status as the world's third largest re-export hub. It also builds a dedicated international logistics corridor between the Yiwu city in east China's Zhejiang Province and Dubai, promoting the efficient movement of Chinese goods in the United Arab Emirates, said Sultan Ahmed bin Sulayem, chairman and CEO of DP World. (Edited by Su Dan with Xinhua Silk Road, firstname.lastname@example.org)