2021's first-half Yiwu International Trade Market in China's Zhejiang Province experiences a 20.8% year-on-year increase in import-export volume, reaching 324.

The "World's Supermarket," Yiwu International Trade Market in China's Zhejiang Province, boasts over 75,000 small-commodity wholesale stores distributing 2.1 million types of goods worldwide. Its foreign trade growth has outpaced both Zhejiang Province and China, with import-export volume reaching 324.77 billion yuan ($45.5 billion) in the first half of 2021, a 20.8% year-on-year increase. The growth is attributed to technological advancements, business model reforms, and expansion of global market reach, especially in Southeast Asia.

August 03, 2024
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