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On December 11th, the General Office of the State Council issued a letter agreeing to the Overall Plan for Deepening the Comprehensive Reform of International Trade in Yiwu City, Zhejiang Province (hereinafter referred to as the "Plan"). This means that Yiwu will usher in a new round of international trade reform.The State Council approved! "World Supermarket" will open a new round of international trade reform.As the world's largest small commodity distribution center, Yiwu market radiates to 233 countries and regions, with an average of 30 million express deliveries sent from here every day, which is related to the development of 2.1 million small and medium-sized enterprises and the employment of 32 million industrial workers.

Yiwu, Zhejiang, known as the "world supermarket", is the largest small commodity distribution center in the world. Among them, Yiwu State-owned Commodity City (600415) is the main operator of Yiwu market.It is reported that from January to September 2024, the transaction volume of new cross-border payment business of "Yi Pay Yiwu Pay" exceeded 20 billion yuan.

In the new round of international trade reform in Yiwu, the National Development and Reform Commission will take the lead in providing guidance services, work with relevant departments in the State Council to implement the tasks according to the division of responsibilities, actively support Yiwu City in Zhejiang Province to deepen the comprehensive reform of international trade in accordance with relevant state regulations, strengthen overall coordination and guidance and evaluation, and help solve the difficulties and problems encountered in the implementation of the plan.After years of operation and accumulation, Yiwu market has formed an industrial cluster in the field of small commodity circulation, which has collected a large amount of information and data such as trading, customs declaration, logistics and foreign exchange settlement, and explored new business models through multiple application products.