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Yiwu Toy Industry Adjusting Its Business Mode

Yiwu Toy Industry Adjusting Its Business Mode

 Toys, as a major industry of Yiwu city, is changing its product structure amongst dull global economy. Many local toy suppliers are determined to accelerate new products development in order to spur consumption.

    Aima Toy Company, runs a booth in Yiwu International Trade Mart, has over ten years’ experience in managing plush toy business. The manager tells us that evidences have shown there is an obvious drop of foreign buyers. He thinks that it’s urgent for Yiwu toy manufacturers to strengthen innovation ability. That is the solution to gain more customers amid harsh competition.

    Some toy exporters also choose to shift their business from foreign trade to domestic market. Compared to export, domestic trade brings a larger profit space, though the trade volume is much smaller than that in foreign trade.

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