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OECD: China overtaking Japan in research spending
China patents don't see light due to funds woe
Manufacturers aim to replace DVDs with EVD standard
China's textile trade surplus over 100 bln dollars in first ten months
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Chinese, foreign trade union leaders discuss co-op
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Mainland faces more anti-dumping inquiries
China to produce record 80,000 minutes of cartoons in 2006
TCL: Testing thorny road for companies to go global
 
Half of world's Christmas goods from Yiwu 
SHANGHAI, Dec. 4 -- The Christmas goods exported from a small city in Zhejiang Province has jumped significantly this year to account for half of the gifts that Santa Claus will soon be handing out.


Yiwu City, a heaven for the small commodities trade in China, exported US$37.90 million of Christmas products in the first 10 months of this year, jumping 42.6 percent from a year earlier, with the total volume hitting 9,869 tons, surging 35.5 percent.


The export volume reached a peak in September at 2,200 tons, worth US$10 million, since the volume began growing in May.


Ninety-nine countries imported Christmas goods from Yiwu this year, 20 more than a year earlier, including the United States, Russia, Germany, Mexico, Singapore and Kenya.


A merchant in Yiwu said they offer a rich choice of Christmas products, of good quality and low prices, which are the main reasons they attract so many buyers.


Ye Zhanqing, a sales adviser in China-Africa trade association, said African countries contributed a lot to the sharp growth, especially Ghana, Nigeria and Senegal.


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