Yongkang China Science and Technology Hardware City, remaining the market leading position in the country, annual market turnover first breakthrough 30 billions yuan in 2007, reaches 30.085 billion yuan, an increase of 15.6 per cent over the same period of last year.
It's known from the Yongkang Government that, after 15 years of construction and development, Yongkang China Science and Technology Hardware City has developed into the largest professional hardware market, with two market clusters of "one old market" and "two new markets", and an exhibition center waiting for development approval. In 2007, the Hardware City completed a reconstruction area of 22,000 square meters in the seventh shop section. At present, the Hardware City has 19,525 brand merchandises, with 1929 brands for exclusive distribution, agency general and Master franchise.
Recent years, the proprietors of the Hardware City also have extended their operational channels to e-commerce and foreign trade. At present, the Hardware City has developed E-commerce center, financial center and industrial service center. The enterprise user of the three big nets of Hardwarecity, China Hardware Fair and Hardwaretoday increased from 100,000 to 170,000. The clicking rate increased from 300,000 to 500,000 every day. It really formed another ¡°On Line China Science and Technology Hardware City¡±. On line transacting volume amounts to RMB 27million Yuan with an increase of 17.4% compared with the same period last year. The number of export countries has increased from 160 to more than 170. Export products cover wide variety including recreational vehicles, power tools, stainless steel products and insulation Cup. The full-year exports volume amounts to 210 million US dollars, an increase of 16.7%.