The hotel is actually located fairly centrally in Yiwu.
A couple of grocery and convenience stores right beside and across from it. Also quite a few small local restaurants. Prices at the local restaurants for 42 rmb two of us each got wonton soup, fresh soya milk, and some dumplings..
The hotel does offer a buffet for 22 rmb per person. Now its not got a huge selection but then again what do you expect for 22 rmb
Its also a short walk to the Yiwu night market, less than 10 minutes, as well as other local attractions
The rooms are smaller, spartan and all the extras like closets, fridge, safe for valuables are not available. But the rooms are clean, staff are decent ( but very limited english)..The price is around 150 rmb a night compared to the western ones which start around 500 rmb