Yiwu, Yiwu market watch industry is the older of the industry, after 20 years of development, is now beginning to take shape, so far, focused on the third floor of the International Trade City District G 396, fourth 109, with electrical and electronic business area, and interspersed in a period crafts, jewelry, toys, watches dealers operating in the region, a total of more than 500, of which nearly 200 production and assembly companies. Products include quartz wall clock, quartz alarm clock, mechanical clock, floor clock, craft clock, mechanical watches, quartz watches, electronic watches, movements and components total of eight categories, the annual output value of more than 20 billion yuan, the products 75-80% are exported to Europe, America, Middle East, Southeast Asia and other countries and regions. Well-known watch brands have set up direct sales in Yiwu, the total distribution or distributor, quartz clock movement, production and sales in the domestic market accounted for a share.
Market facilities including catering, storage, parking, freight, banking, information, post office, security, heating and gas. Transportation is very convenient, bus K122 Road, K11 Road, 121 Road, 17 Road, K20 road vehicles were from the South Terminal Link, Nongmao Cheng (international flower market), the train station, passenger centers Bingwang stop direct market east, west, South, North four door. "Digital Market" construction project with a total investment of 189 million yuan, broadband, telephone direct access into the International Trade City commercial spaces. Market information gathering and commercial spaces transmission function, display, discuss increasing functionality, business users relying on e-commerce, distribution chain, trade credit transactions, expand its operations and become the new market trends.