In the first 11 months of this year, Yiwu, a county-level city in Jinhua, Zhejiang province, has seen its foreign trade hit 613.99 billion yuan ($84.13 billion), a substantial 17.6 percent increase year-on-year, surpassing last year's total of 566.05 billion yuan.
The small commodities market in Yiwu in Zhejiang province is also known as the "supermarket of the world". Ali Erdogan, a Turkish businessman, said the business environment in Yiwu is good and international transportation is convenient.
The Eastern Chinese city of Yiwu, known as the "world's supermarket" and a key supplier for Chinese cross-border e-commerce platforms, is set to launch a new round of international trade reforms aimed at strengthening its role in global commerce.
A delegation comprising the Overseas Chinese Federation and emerging entrepreneurs from Suxi town in Yiwu, a county-level city in Jinhua, Zhejiang province, recently visited Kyrgyzstan and Uzbekistan to expand market reach and business opportunities while enhancing international market connections.
The China-Tanzania Investment Forum, also known as the China (Jinhua)-Tanzania Trade and Investment Promotion Conference, was held in Dar es Salaam, Tanzania on March 27.
Jinhua's trade with Africa experienced remarkable growth in 2023, reaching a value of 116.85 billion yuan ($16.25 billion).
In the 10 years since the launch of the Belt and Road Initiative, Jinhua in Zhejiang province has been committed to developing into an important pivot city for the initiative.
The 10th China-Russia Small and Medium-sized Enterprise (SME) Cooperation Roundtable was held in Jinhua, East China's Zhejiang Province on July 19.
