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Yiwu Market Resumes Operations After Lunar New Year, Sees Order Surge on Day One

Business

Yiwu Market Resumes Operations After Lunar New Year, Sees Order Surge on Day One
Business

Business

Yiwu Market Resumes Operations After Lunar New Year, Sees Order Surge on Day One

2026-03-02 20:30 Last Updated At:20:45

YIWU, China, March 2, 2026 /PRNewswire/ -- The Yiwu International Trade City resumed operations on February 28, following the Lunar New Year holiday, with 80,000 shops welcoming buyers from around the world. 

At 8:00 a.m., nine major markets opened simultaneously, including the Global Digital Trade Center; Districts 1–5 of Yiwu International Trade City; the International Production Materials Market; Huangyuan Garment Market; and Binwang 158 Cultural & Creative Park (indoor section). Merchants opened their doors to a steady flow of domestic and international buyers.

During the holiday closure, many Yiwu merchants were far from idle. Calls from long-time clients and online inquiries never stopped, and numerous merchants had already secured production orders for the first month of the new year. On reopening day, as soon as shop shutters rolled up, waves of customers and orders followed. Merchants greeted buyers while urgently coordinating factory schedules to meet demand. The entire market buzzed with energy, productivity, and festive cheer.

From "holiday order accumulation" to "opening-day order surges," the world's small commodities capital has kicked off the year at full sprint, launching a new chapter of global trade.

Record-Breaking Foot Traffic on Opening Day

According to visitor statistics from Yiwu China Commodities City, offline foot traffic on reopening day reached a record high, marking the strongest Spring Festival opening performance in history.

In District 1 of Yiwu International Trade City, a buyer from Dubai, known as Dong, waited early outside a familiar supplier's shop.

"I've been doing business in Yiwu for eight years. This year I arrived a week early. Today, I'm signing orders for 30 containers to be shipped to Middle Eastern countries," he said.

Dong was far from alone. Southeast Asian buyers toured hardware suppliers in groups, European purchasers focused on trendy cultural and creative products, while African buyers showed strong interest in home goods. With merchants and buyers from across the globe converging, Yiwu's market atmosphere hit peak levels from day one.

3.879 Million Livestream Views Online

While offline traffic surged, online engagement was equally dynamic. Chinagoods, the official digital platform of the Yiwu market, livestreamed the grand reopening, attracting over 3.879 million cumulative views.

Beyond livestreaming, buyers accessed the Chinagoods platform directly to browse products, request quotations, and place orders through a fully digitalized process—truly enabling global sourcing without leaving home.

Over 30,000 New Products Launched

On reopening day, Chinagoods recorded a surge in new product listings. Merchants used the holiday period to refine product portfolios and prepare new designs. More than 30,000 new SKUs were uploaded to the platform.

New offerings ranged from Year of the Horse-themed merchandise and fashion accessories to smart home products and daily consumer goods, drawing international buyers to compare prices and place bulk orders.

At the same time, Yiwu's AI large-model system saw increased usage across its 14 application scenarios, including AI-assisted product design, AI-generated content and traffic management for independent e-commerce sites.

Merchants Report Strong First-Day Sales

Reopening day translated quickly into confirmed orders for many businesses.

At the Global Digital Trade Center, a toy merchant reported securing orders exceeding RMB 1 million within a single day. The merchant said long-term clients had continued placing orders during the holiday, and demand accelerated once the market officially reopened.

The Spring Festival Gala earlier showcased Yiwu's vitality to a broad audience, while the market reopening marked a new round of commercial activity.

As 2026 marks the opening year of China's 15th Five-Year Plan period, Yiwu continues to strengthen its role as both a domestic consumption hub and an important global sourcing center. Leveraging digital trade capabilities, the city is advancing toward a higher level of global supply integration.

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Yiwu Market Resumes Operations After Lunar New Year, Sees Order Surge on Day One

Yiwu Market Resumes Operations After Lunar New Year, Sees Order Surge on Day One

SHANGHAI, March 2, 2026 /PRNewswire/ -- CPHI & PMEC China 2026 is set to take place from 16 to 18 June 2026 at the Shanghai New International Expo Centre (SNIEC), building on its extremely successful run over the last few years.

As the world's premier destination for pharmaceutical ingredients and manufacturing solutions, this year's edition is set to bring together over 110,000 attendees, and more than 3,600 local and international exhibitors. This comfortably makes CPHI & PMEC China Asia's largest pharma event, offering unparalleled opportunities to source, supply and innovate within China's pharmaceutical powerhouse.

The extraordinary growth of CPHI & PMEC China speaks to the country's reputation as the global hub for pharmaceutical building blocks. The event has become the essential marketplace for global products and solutions that power modern medicine worldwide, from APIs and natural extracts, machinery, laboratory instruments and packaging, to biotech and Traditional Chinese Medicine (TCM).

Orhan Caglayan, Executive Vice President, Pharma Portfolio, Informa Markets, adds, "The growth of CPHI & PMEC China mirrors the extraordinary pace of innovation in China, solidifying its position as the ultimate destination for sourcing, supply chain optimisation and forging strategic partnerships. CPHI & PMEC China 2026 is a testament to the resilience and future-forward vision of the pharmaceutical industry." 

The 2026 edition will feature expanded zones, including TCM pavilions and next-generation API showcases, reflecting China's dual strengths in heritage ingredients and cutting-edge pharmaceutical advancements. First-time exhibitors and specialized areas for medical aesthetic packaging, frontier technologies, and smart lab spaces will further enhance the event's comprehensive offerings.

Attendees will gain access to Asia's largest concentration of pharmaceutical machinery manufacturers and cutting-edge production technologies. Live equipment demonstrations, technical seminars, and networking programs, such as the Hosted Buyer Matchmaking Program and plant visits, will facilitate direct connections between international buyers and leading suppliers.

More than 100 conferences and workshops, led by over 700 experts and officials, will provide attendees with unparalleled access to market intelligence and technical expertise. These sessions position participants at the heart of rapid innovation, from investigational drugs to biotech and machinery developments. 

Don't miss this definitive global platform for sourcing from China's leading manufacturers, discovering TCM ingredients and natural extracts, evaluating pharmaceutical machinery for production needs, partnering with contract manufacturers, networking, learning and staying ahead of trends in pharmaceutical innovation.

For more information and registration, visit https://www.cphi.com/china/en/home.html

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

The largest pharma show in Asia makes its return to Shanghai this June 2026

The largest pharma show in Asia makes its return to Shanghai this June 2026

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