ETS Bio Freeze has been invited to join the special Exports Acceleration Mission (EAM) organized by MATRADE and the Yiwu Bureau of Commerce from November 11 to 13, 2018, held in Yiwu, China, along with over 100 Malaysian companies.
During the mission, we had an opportunity for one-to-one business meetings which were arranged for the Malaysian exporters to meet with Chinese and international buyers based in Yiwu. These meetings help us in establishing business relationships and provide greater linkages amongst Malaysian and the local business community in China and international buyers in Yiwu.
The Malaysia Buyer Service Centre was established by the Yiwu Bureau of Commerce in 2018 as part of the Belt and Road Initiative (BRI). The Centre aims to promote the import of Malaysian products and services.
Yiwu is well-known to be the world’s largest wholesale market with more than 500,000 foreign merchants sourcing for products every year and over 15,000 foreign buyers from more than 100 countries and regions reside in Yiwu. The place now is making efforts to be an import hub in line with the BRI. Yiwu exports products to more than 210 countries globally with daily export goods reaching over 800 containers. In 2018, Yiwu’s global export volume touched USD33.66 billion. These indicate a vast opportunity for Malaysian companies to make inroads into China.
For more information about the Malaysia Buyer Service Centre in Yiwu, China, please go to: http://www.matrade.gov.my/en/about-matrade/media/press-releases/4429-leveraging-on-yiwu-as-an-entry-point-to-china