Along the New Silk Road: Yiwu’s World Market

2019-04-26 11:02:49 source: 义乌商报;Translation: In Zhejiang


In its most recent episode, the CCTV news program of Walking along the Belt and Road got access to Yiwu China Imported Commodities Mall in the way of live broadcasting, focusing on Yiwu's devotion to the Belt and Road Initiative and displaying the development track of Yiwu in its positive integration into the BRI.

Yiwu China Imported Commodities Mall covers an operating area up to 100,000 square meters, and operates 100,000 commodities from over 100 countries and regions, with many commodities from the countries along the Belt and Road including food, red wine, general merchandise, jewelry, cosmetics, etc. It’s a "one-stop" imported commodity purchasing base of a leading scale in China and the exhibition and trade center of imported commodities.

It is said that since the launching of the Belt and Road Initiative, Yiwu has built trade contacts with over 210 countries and regions and received over 500,000 overseas purchasing merchants, while tens of thousands "Made in Yiwu", "Made in Zhejiang" and "Made in China" commodities have been delivered to the local malls and supermarkets in Eurasia through Madrid-Yiwu Sino-European Container Train.

The Spanish red wine, German auto spare parts and other foreign goods are also delivered to Yiwu through Madrid-Yiwu Sino-European Container Train, achieving win-win outcomes.

According to the data from Yiwu Customs, the first quarter of this year saw the import and export volume of Yiwu with countries along the Belt and Road reaching up to RMB 31.1 billion, realizing a year-on-year increase of 3.4%, and accounting for 51.1% of the total import and export volume of Yiwu City. In addition, Yiwu Customs under its supervision duty has dealt with over 4,700 TEUs transported by the Sino-European Container Train, a year-on-year increase of 10.2%, and 38,000 tons of freight, a year-on-year increase of 11.9%, with the total import and export volume reaching to RMB 1.54 billion.

(Executive Editor: Yongliu He)

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