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Eleven Countries Gather in Yiwu
Post Time: 10/05/2018

On the afternoon of May 8, as an important part of the 2018 China–Yiwu Imported Commodities Fair, the 2018 Yiwu Trade and Investment Promotion Fair was held at the Yiwu Mall Hotel. The government officials of eleven countries along the Belt and Road gathered in Yiwu and listened to the introduction of Yiwu’s trade and investment environment.

Li Junfu, member of the standing committee of the Yiwu Municipal Party Committee, introduced Yiwu’s advantages at the promotion fair from the following perspectives: Yiwu is a pivot city along the Belt and Road, with a market area of 5.5 million m2, 75,000 business stalls, and more than 1.8 million kinds of commodities; Yiwu trades with 219 countries and regions around the world, and more than 50% of the transactions are conducted along the Belt and Road; Yiwu is an international land-port city with more than 3,000 logistics companies operating there. Yiwu is an international e-commerce city: it has more than 255,000 accounts on well-known e-commerce platforms, and the volume of e-commerce transactions totaled 222 billion RMB last year. Yiwu is an international conference and exhibition city: more than 100 professional conventions and exhibitions are held there annually. Finally, Yiwu is a hub city along the Belt and Road, with the most international lines of container transportation out of China.

(By Wang Zhijian, translated by Shen Yingying, edited by Kendra Fiddler)    


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