Bingwang Market at No. 158 Binwang Street occupies an area of 193 mu with floor area of 290,000 m2. It's Yiwu's key project. Frequent trade transactions and rich night business resource have laid the solid foundation for it to grow into the commodity R&D center, trade center and global buyers' living service center.
Different from the traditional Yiwu International Trade Market, Binwang Market represents the new generation. Here, products display is more versatile, shopping experience is more interactive, and transaction goes smarter. R&D innovation, big data and new media are introduced and have made their influence. You can see quick new product launch, high quality goods exhibition, foreign businessmen to buy at night, online trade payment, supply chain finance and more traffic diverted to the market by new media. It will be a place for office, recreation, sightseeing and comfortable staying.
Bingwang Market- District C opened in April 2017 and is themed on innovation. It now hosts 29 businesses including company's R&D centers, design institutes, new media workshops and space for intangible cultural heritage. The main building attracts 40 design institutions like China Yiwu Industrial Design Center, Korean Design Yiwu Center and Shanghai Promotion Center for City of Design (Yiwu).
District D's main project Poly Art + opened on 27 April 2018 and is directly managed by Poly Culture Group. Floor 1 has Yiwu Poly Global Cultural & Creative Industry Collaboration Center exhibiting five types of products in relation to intangible cultural heritage, museum, Yixing pottery, Jingdezhen porcelain and Taiwanese animation. Floor 2 has Poly Auction to provide overseas art auction and copyright trading service. It's the first integrated platform for overseas art auction, bonded area, restoration, authentication and exhibition.
District B with a floor area of 20,300 m2 is showroom for industries and enterprises. Floor 1 hosts 64 suppliers of cosmetics, jewelry, glasses, suitcases, bags, leathers, shoes, hats and scarves. It's the first night market in Yiwu and started the soft opening on 1 January 2020.
District A covers a floor area of 32,700 m2. It's planed for creative kitchen area, digital appliance area, home living area, kids' playground and buyers' service area. Imported baby's products, daily necessities (household & kitchen supplies), hardware tools and bath supplies will be exhibited here. It's equipped with the new media operation center, maker space and new product launch show.
District E has Yiwu Selection & Imports Pavilion covering a floor area of 10,000 m2. Since Bingwang Market prioritizes design and exhibition, this district keeps an eye on it too and selects Yiwu Selection and Imported Goods as the theme. We'll develop it to a high quality space and bring more local premium goods, branding restaurants and recreational facilities. Night business is another highlight. It will be Yiwu Selection booth demonstration center.