A decoration featuring rabbits and red envelopes is set up at the Yiwu International Trade Market Area 3. [Photo/zgyww.cn]

Yiwu International Trade Market Area 3 has been holding an event for launches of new products such as New Year pictures, calendars, and couplets since Oct 26, attracting a number of buyers.

A total of 187 merchants at Yiwu International Trade Market Area 3 are selling such products, making the area the largest distribution center for such products in China.

Official data shows that Yiwu has an approximately 80 percent market share in red calendars and couplets for Chinese New Year. These Yiwu-made products are also popular in countries with sizable Chinese populations such as Singapore, Thailand, and Malaysia.

Chinese people paste spring couplets or pictures on their walls and doors every year during Spring Festival.

A shopkeeper in traditional Chinese cloths introduces red lanterns to buyers online. [Photo/zgyww.cn]

Pictures with rabbits are popular among buyers, as next year is the Year of the Rabbit. [Photo/zgyww.cn]