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Time: 2008-7-1 Author: admin Source:

Yueqing market,a pioneer market

Since ancient times Yueqing has been a major commodities distribution and trading centre in the coastal areas of Zhejiang. It was also one of the earliest places in China to have developed a mature market economy. Evidence of this is that there are 80 markets dealing in capital goods and comsumer products, with a total annual business volume of more than 3.4 billion yuan. As behoves the reputation of the people of Yueqing as "Jews of the east", some 300,000 natives are running businesses out of town. With the suppout of the local market, they have opened up one large market after another across the country. These include the Jinwen Garment Cith in Beijing, a shopping centre in Tianjin, a market selling manufactured goods and textiles in Shanghai, a garment city in Taiyuan, and the light and textile industrial market of Heqiao of Zhejiang Probince. The business people of Yueqing have not only developed a nationwide sales network, but also built a comprehensive array of sales channels for Yueqing-made products. This has provided a steady impetus for the economic growth of the city.

 

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