Demand for holiday In Yiwu, China, preparations have already begun for the celebration of the Year of the Goatfrom abroad rises earlier than usual in China’s Yiwu
At the International Trade Center in the Chinese city of Yiwu, Zhejiang Province, the production and sale of goods for the Spring Festival in the Year of the Goat are already in full swing, although more than five months remain before the holiday. Local traders report earlier-than-usual demand from foreign buyers for festive products. The first batch of international orders has already been completed this month.
Orders from several countries
As ECNS reports, major wholesale buyers from the United States, Vietnam, Thailand and Malaysia are placing orders worth more than 500,000 yuan each. This amounts to approximately $69,300. Such orders are placed ahead of October.
Yiwu sellers offering thousands of festive decoration options have also already received inquiries and requests to send samples from clients in Malaysia and Singapore.
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Products for foreign buyers
As the Spring Festival gains popularity among people abroad, Yiwu traders offer New Year couplets and New Year pictures in English, Thai and Indonesian for international buyers.
Members of the Yiwu Chamber of Commerce previously visited Hangzhou, where they studied the practices of leading companies in cross-border e-commerce.
