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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.

We will try first in many aspects.Yiwu market is associated with 2.1 million small and medium-sized enterprises nationwide.

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.