YIWU, China, July 29, 2016 /PRNewswire/ — Yiwugou.com, the official website of the Yiwu Commodity Market, which is the largest commodity wholesale market in the world, provides suppliers with free export inspection and quarantine services in cooperation with the Comprehensive Technical Service Center of Entry-Exit Inspection and Quarantine Bureau of Yiwu. Such services can not only increase the faith of overseas buyers in trading via the platform, but also paint exporters a clearer picture of the defects, if any, of their products and thus mitigate the risks of recall.
At present, accessories, cosmetics, shoes, toys, daily necessities, garments & underwear, and children’s stationery are inspected and quarantined as per American Standard, European Standard, International Standard, Japanese Standard or Korean Standard. European Standard, the strictest yardstick, has found application for the majority of products. The inspection of dolls, for instance, includes the tests of physical and mechanical properties, flammability, and migration of certain elements, and each test around multiple indicators, such as cord length, stuffing, warning and instructions are among the indicators of physical and mechanical properties testing. According to Yiwugou.com, the acceptability rate of products inspected is so far so good. The main defects include the marking of exterior packaging.
Yiwugou.com will provide the free services until the end of October, aware that higher quality of products is, per se, a boost for its credit transaction guarantee system.
Yiwugou.com has constantly improved the credit transaction guarantee system depending on the physical market of Yiwu City. Launched in September 2013, the system comprises credit rating, complaint handling, secured transaction, and compensation scheme for defrauded buyers, ensuring each transaction is “manageable, controllable and traceable”. So far, 98% suppliers have registered with their real names with Yiwugou.com, and 100% registered businesses have been rated and scored.
In March 2015, Yiwugou.com went one step further and inaugurated the online business license, which is issued to registered online businesses upon certification by government authorities. By the end of August 2016, an estimated 50% of registered businesses will display the license on the website. This is intended to regulate operation activities more effectively in accordance with China’s laws and regulations.