Wholesale refers to commercial activities specialized in bulk commodity transactions. Wholesale comes into being with the development of commodity economy. The development of commodity production and commodity exchange has increased the purchase and sales of commodities, expanded the circulation range, and made it difficult or inconvenient for producers to exchange commodities directly with each other and between producers and retailers. As a result, there is a wholesale business that purchases commodities directly from producers and resells them to other producers or retailers, There is a division of labor between wholesale and retail within the commercial department. Wholesale business is generally operated by wholesale enterprises. The quantity of commodities sold in each batch is large, and they are sold at preferential prices.
As an important part of commodity circulation, the development of wholesale industry plays an important role in saving the cost of the whole society, reducing transaction costs, improving circulation efficiency and promoting economic growth. From the development experience of foreign wholesale industry, although the ratio of wholesale and retail trade is on the decline, the volume of wholesale commodity transactions is still on the rise and it still plays an important role in commodity circulation. The 2013-2017 in-depth research and development strategy research report of China's wholesale industry shows that in 2010, China's large and medium-sized wholesale enterprises reached 19482, the number of employees at the end of the year reached 2.748 million, the purchase of goods was 15.76 trillion yuan, the sales of goods was 17.43 trillion yuan, and the inventory of goods at the end of the period was 1.21 trillion yuan. The income from joining wholesale projects is considerable.
