Yiwu is a commercial city with unlimited business opportunities and is known as the world's largest small commodity distribution center.

It has stable trade relations with 219 countries and regions around the world and has been praised by authoritative institutions such as the United Nations and the World Bank as the largest small commodity wholesale market in the world.

Every year, more than 10 million domestic and foreign buyers come to Yiwu for purchasing, and there are 19,000 foreign residents permanently stationed there.

In July 2018, Yiwu was designated as one of the new batches of cross-border e-commerce pilot zones, and efforts were continuously made to promote opening up and facilitate the transformation and upgrading of foreign trade.

The China-Europe Railway Express starting from Yiwu - "Yi Xin Eu" has opened 9 transportation routes to Madrid, London, Prague, etc., covering 35 countries.

It has opened up a convenient and fast railway logistics channel for the entry of goods from "Belt and Road" countries into China. 

Yiwu has the fourth open port airport in Zhejiang Province. It has opened over 40 international and domestic flight routes, and its efficient and convenient transportation system provides significant support for import trade. 

Yiwu has launched 136 logistics routes, directly connecting to over 250 large and medium-sized cities across the country. The comprehensive logistics cost is the lowest in the country.

Under the strong advocacy and support of the state, Yiwu's foreign trade, e-commerce, cross-border e-commerce, online celebrity live streaming, supply chain, etc. have developed rapidly, occupying an important part in both domestic and foreign sales.