The global supermarket

City of Yiwu burnishes credentials as a trader and as new home for entrepreneurs

By HOU CHENCHEN | China Daily Global | Updated: 2025-01-17 12:25
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An Iraqi businessman negotiates with the Chinese shop owner in the market in Yiwu on Jan 12. SHI BUFA/FOR CHINA DAILY

Millions of packages

The city now serves more than 200 countries and attracts nearly 600,000 international traders a year. Thirty million packages are shipped out every day on average, supporting 2.1 million small and medium-sized businesses across China and creating 32 million jobs.

In the first 11 months of last year Yiwu's imports and exports were worth 614 billion yuan ($84 billion), surpassing the total value of trade, 566 billion yuan, for all of 2023 and setting a record.

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