Market draws wholesalers by the thousands

KUNMING -Development continues on a mammoth market center in Southwest China's Yunnan province though it is already one of the nation's largest distributing centers of small commodities.

The Luosiwan International Trading Center, which occupies 800 hectares in Kunming, the provincial capital, has completed its first and second stages of construction, and the third stage is under way.

"Since the first construction stage ended in December 2009, our trading center has attracted 17,000 small-commodities wholesalers and has achieved an annual trading volume of 40 billion yuan ($6.25 billion)," said Xue Jin'gen, deputy general manager of the Yunnan Zhonghao Real Estate Co Ltd, the developer of the trading center.