|
Yiwu Market
Yiwu International Trade City (), also known as the Yiwu Market, is the primary wholesale market complex in Yiwu, Zhejiang, China. According to the World Bank, it is the world's largest small commodities market. In 2013, the market sold US$11 billion of goods. History In the early 1980s, Yiwu was an impoverished rural county historically known for its small traders, who mostly bartered sugar for chicken feathers during the Qing dynasty. However, the Communist Party of China banned the practice as "capitalist activity" after taking power in 1949. Although the Chinese government initiated the reform and opening policy in 1978, selling things for profit by private citizens was still banned in practice. In April 1982, Xie Gaohua was appointed Party Secretary of Yiwu. A month after his arrival, a street vendor named Feng Aiqian (冯爱倩) complained to him that her goods were repeatedly confiscated by county authorities and questioned why she was not allowed to sell goods to support ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yiwu
Yiwu () is a county-level city under the jurisdiction of Jinhua in Central Zhejiang Province, East China. As of the 2020 census, the city had 1,859,390 inhabitants and its built-up (or metro) area, joined with that of the neighboring Dongyang, was home to 2,947,340 inhabitants. The city is famous for its light industry commodity trade and vibrant market and as a regional tourist destination. History Yiwu was founded as Wushang County in 222 BCE, right before the Qin dynasty. It was renamed Yiwu County in 624 CE. Trade has been historically important in Yiwu since the surrounding area has little arable soil. Even before 1600s, Yiwu men would carry sewing needles, threads, sugar chunks and other small commodities in their bamboo baskets, using a shoulder-pole and travel to surrounding rural villages in exchange for chicken feathers. Chicken feathers could be either used as a fertilizer for their own lands or made into feather dusters for exporting. This "Sugar-For- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zhejiang
Zhejiang ( or , ; , also romanized as Chekiang) is an eastern, coastal province of the People's Republic of China. Its capital and largest city is Hangzhou, and other notable cities include Ningbo and Wenzhou. Zhejiang is bordered by Jiangsu and Shanghai to the north, Anhui to the northwest, Jiangxi to the west and Fujian to the south. To the east is the East China Sea, beyond which lies the Ryukyu Islands. The population of Zhejiang stands at 64.6 million, the 8th highest among China. It has been called 'the backbone of China' due to being a major driving force in the Chinese economy and being the birthplace of several notable persons, including the Chinese Nationalist leader Chiang Kai-shek and entrepreneur Jack Ma. Zhejiang consists of 90 counties (incl. county-level cities and districts). The area of Zhejiang was controlled by the Kingdom of Yue during the Spring and Autumn period. The Qin Empire later annexed it in 222 BC. Under the late Ming dynasty and the Qing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
People's Republic Of China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and borders fourteen countries by land, the most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third largest country by total land area. The country consists of 22 provinces, five autonomous regions, four municipalities, and two Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the most populous city and financial center is Shanghai. Modern Chinese trace their origins to a cradle of civilization in the fertile basin of the Yellow River in the North China Plain. The semi-legendary Xia dynasty in the 21st century BCE and the well-attested Shang and Zhou dynasties developed a bureaucratic political system to serve hereditary monarchies, or dyna ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Guardian
''The Guardian'' is a British daily newspaper. It was founded in 1821 as ''The Manchester Guardian'', and changed its name in 1959. Along with its sister papers ''The Observer'' and ''The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the Scott Trust by its creators. Profits are reinvested in journalism rather than distributed to owners or shareholders. It is considered a newspaper of record in the UK. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 2015. Since 2018, the paper's main news ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In the 1970s, it focused on loans to developing world countries, shifting away from that mission in the 1980s. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by the Sustainable Development Goals as well as environmental and social safeguards. , the World Bank is run by a president and 25 executive directors, as well as 29 various vice ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Qing Dynasty
The Qing dynasty ( ), officially the Great Qing,, was a Manchu-led imperial dynasty of China and the last orthodox dynasty in Chinese history. It emerged from the Later Jin dynasty founded by the Jianzhou Jurchens, a Tungusic-speaking ethnic group who unified other Jurchen tribes to form a new "Manchu" ethnic identity. The dynasty was officially proclaimed in 1636 in Manchuria (modern-day Northeast China and Outer Manchuria). It seized control of Beijing in 1644, then later expanded its rule over the whole of China proper and Taiwan, and finally expanded into Inner Asia. The dynasty lasted until 1912 when it was overthrown in the Xinhai Revolution. In orthodox Chinese historiography, the Qing dynasty was preceded by the Ming dynasty and succeeded by the Republic of China. The multiethnic Qing dynasty lasted for almost three centuries and assembled the territorial base for modern China. It was the largest imperial dynasty in the history of China and in 1790 the f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Communist Party Of China
The Chinese Communist Party (CCP), officially the Communist Party of China (CPC), is the founding and sole ruling party of the People's Republic of China (PRC). Under the leadership of Mao Zedong, the CCP emerged victorious in the Chinese Civil War against the Kuomintang, and, in 1949, Mao proclaimed the establishment of the People's Republic of China. Since then, the CCP has governed China with eight smaller parties within its United Front and has sole control over the People's Liberation Army (PLA). Each successive leader of the CCP has added their own theories to the party's constitution, which outlines the ideological beliefs of the party, collectively referred to as socialism with Chinese characteristics. As of 2022, the CCP has more than 96 million members, making it the second largest political party by party membership in the world after India's Bharatiya Janata Party. The Chinese public generally refers to the CCP as simply "the Party". In 1921, Chen Duxiu and Li Da ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reform And Opening
The Chinese economic reform or reform and opening-up (), known in the West as the opening of China, is the program of economic reforms termed " Socialism with Chinese characteristics" and "socialist market economy" in the People's Republic of China (PRC). Led by Deng Xiaoping, often credited as the "General Architect", the reforms were launched by reformists within the Chinese Communist Party (CCP) on December 18, 1978, during the "Boluan Fanzheng" period. The reforms went into stagnation after the military crackdown on 1989 Tiananmen Square protests, but were revived after Deng Xiaoping's Southern Tour in 1992. In 2010, China overtook Japan as the world's second-largest economy by nominal GDP and in 2017 overtook the United States by becoming the world's largest economy by GDP (PPP). Prior to the reforms, the Chinese economy was dominated by state ownership and central planning. From 1950 to 1973, Chinese real GDP per capita grew at a rate of 2.9% per year on average, albeit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Xie Gaohua
Xie Gaohua (; November 1931 – 23 October 2019) was a Chinese politician. When serving as Party Secretary of Yiwu County in 1982, he pioneered free-market policies and established the Yiwu Market, which has since grown into the world's largest small commodities market. He later served as Executive Vice Mayor of Quzhou and was elected a delegate to the 8th National People's Congress. In 2018, the Chinese government awarded him the honorary title of "Reform Pioneer". Early life and career Xie was born in November 1931 in Henglu Township (), Quzhou, Zhejiang, Republic of China, and received a middle school-level education. After joining the Chinese Communist Party in May 1953, he served as a low-level official in Quzhou. During the Cultural Revolution, he was persecuted from 1966 to 1972. After being politically rehabilitated, he was appointed Party Secretary of Longyou Town in Longyou County and later Party Secretary of Qujiang District, Quzhou, Qu County. Establishing the Yi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wenzhou
Wenzhou (pronounced ; Wenzhounese: Yuziou y33–11 tɕiɤu33–32 ), historically known as Wenchow is a prefecture-level city in southeastern Zhejiang province in the People's Republic of China. Wenzhou is located at the extreme south east of Zhejiang Province with its borders connecting to Lishui on the west, Taizhou on the north, and Fujian to the south. It is surrounded by mountains, the East China Sea, and 436 islands, while its lowlands are almost entirely along its East China Sea coast, which is nearly in length. Most of Wenzhou's area is mountainous as almost 76 percent of its surface area is classified as mountains and hills. It is said that Wenzhou has 7/10 mountains, 1/10 water, and 2/10 farmland. At the time of the 2010 Chinese census, 3,039,500 people lived in Wenzhou's urban area; the area under its jurisdiction (which includes three satellite cities and six counties) held a population of 9,122,100 of which 31.16% are non-local residents from outside of Wenz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yiwu International Trade Market - District 3, Gate 67
Yiwu () is a county-level city under the jurisdiction of Jinhua in Central Zhejiang Province, East China. As of the 2020 census, the city had 1,859,390 inhabitants and its built-up (or metro) area, joined with that of the neighboring Dongyang, was home to 2,947,340 inhabitants. The city is famous for its light industry commodity trade and vibrant market and as a regional tourist destination. History Yiwu was founded as Wushang County in 222 BCE, right before the Qin dynasty. It was renamed Yiwu County in 624 CE. Trade has been historically important in Yiwu since the surrounding area has little arable soil. Even before 1600s, Yiwu men would carry sewing needles, threads, sugar chunks and other small commodities in their bamboo baskets, using a shoulder-pole and travel to surrounding rural villages in exchange for chicken feathers. Chicken feathers could be either used as a fertilizer for their own lands or made into feather dusters for exporting. This "Sugar-For- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chinese Yuan
The renminbi (; symbol: ¥; ISO code: CNY; abbreviation: RMB) is the official currency of the People's Republic of China and one of the world's most traded currencies, ranking as the fifth most traded currency in the world as of April 2022. The yuan ( or ) is the basic unit of the renminbi, but the word is also used to refer to the Chinese currency generally, especially in international contexts. One yuan is divided into 10 jiao (), and the jiao is further subdivided into 10 fen (). The renminbi is issued by the People's Bank of China, the monetary authority of China. Valuation Until 2005, the value of the renminbi was pegged to the US dollar. As China pursued its transition from central planning to a market economy and increased its participation in foreign trade, the renminbi was devalued to increase the competitiveness of Chinese industry. It has previously been claimed that the renminbi's official exchange rate was undervalued by as much as 37.5% against its pur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
%2C_King_of_Wuyue.jpg "Click for more on -> Zhejiang")
