During the 14th Five-Year Plan period (2021-25), Jinhua plans to focus on developing five advanced manufacturing industries: new energy and intelligent network automobiles, optoelectronics, biological medicine, smart equipment and fashion.
The latest data from the General Administration of Customs show that the Yiwu Bonded Logistics Center in Yiwu, Zhejiang province, ranked fourth in terms of foreign trade volume over the first five months of this year among all bonded logistics centers nationwide.
Launched by Yiwu authorities last July, "Hundreds of Counties, Thousands of Commodities" is a promotional project for agricultural and handcrafted goods made in China's underdeveloped regions.
Firms based at the Yiwu Bonded Logistics Center in Yiwu, Zhejiang province were among the most eager participants of this year's "618" online shopping festival.
The acquisition would result in Zhejiang China Commodities City Group Co owning its first license for third-party payments.
