WENZHOU INTERNATIONAL BUSINESS GROUP CO.,LTD.(hereinafter referred to as IT* Group or Company) is a wholly state-owned company established with approval from Wenzhou People’s Government. Founded in May 2009, the company is affiliated to WENZHOU MODERN SERVICES INVESTMENT GROUP CO., LTD.

* WIBG

* Wenzhou Municipal Government 

Registered with 50 million Yuan and employing over 300 employees, the Company administers 5 subsidiaries as follows:

WENZHOU C.O.F. FOREIGN TRADE CO.,LTD. 

WENZHOU N. & A.FOREIGN TRADE CO.,LTD.

WENZHOU LAND PORT INTERNATIONAL TRADE CO.,LTD.

WENZHOU INTERNATIONAL ECO.& TEC.CO-OPERATION CO.,LTD., ZHEJIANG DONGRI IMP.&EXP.CO.,LTD.

All the above five companies are among top 20 foreign trade enterprises in Wenzhou. WIBG is also the controlling shareholder of WENZHOU TONGYOU CROSS-BORDER E-COMMERCE CO.,LTD.  WIBG is entrusted to supervise other six companies, including WENZHOU INTERNATIONAL TRADE CENTER CO., LTD. and NGAN TONG (Hong Kong) COMPANY LIMITED. WIBG owns shares of WENZHOU INTERNATIONAL TRADE CENTER BUILDING PROPERTY MANAGEMENT CO., LTD. and another company. 

After years of hard work, the Company has established great reputation at home and abroad thanks to its strong financial strength, highly trained professionals, and superior service. It has established reliable and stable trading partnership with thousands of clients in over 150 nations and regions across the globe. Its business covers machinery, hardware, electrical appliance, auto parts, cereals, oils and foodstuff, light industrial products, textiles and garments, chemicals, building materials, native produce and animal by-products, etc. Over the years, it has won countless titles and awards and has achieved outstanding credit standing.

In the 13th Five-Year-Plan period, under the guidance of the 135 Strategy and the second stage of 358 Development Target of WENZHOU MODERN SERVICES INVESTMENT GROUP CO., LTD., WIBG has been expediting the cultivation and transformation development of new industries, facilitating the deep integration of Party work and business management, improving business environment for foreign trade companies in Wenzhou, constantly upgrading quality and striving for continuous development. We have been operating key foreign trade comprehensive service platforms, namely, WIN TRADE and O Trade Blending at provincial level, as well as Plus Trade at municipal level, and an export customs clearance service platform Modern·Cross-border Express.

In 2017 the company achieved an accumulative export value of 487 million U.S. dollars, including 65.7460 million dollars from One Belt One Road countries. We also processed cross-border E-commerce customs clearance amounting to 55.10 million dollars. We gained a business turnover of 34.92 million dollars from international bid for railway electrical equipment. 

In the future, WIBG will continue to follow the medium and long-term development plan, focusing on international business on basis of commercial big data and supply-chain finance, committed to becoming an innovator and leader of international trade service industry in Wenzhou, and an exemplar provider of international trade services in the region.