According to Xinhua News Agency, Chinese President Xi Jinping recently issued important instructions stating that Yiwus small commodities have tapped into a vast market and developed into a major industry, forming the "Yiwu Development Experience," which represents a successful practice of developing county-level economies in line with local conditions. Xi emphasized the need to further consolidate and effectively apply the "Yiwu Development Experience," guiding various regions to explore high-quality development paths suited to their respective circumstances.During his tenure in Zhejiang, Xi conducted multiple research visits to Yiwu, summarizing and promoting the "Yiwu Development Experience." In recent years, Yiwu has continued to write new chapters of "small commodities, big market." At present, the small commodities market has more than 1.26 million business entities and maintains trade relations with over 230 countries and regions. Last year, its foreign trade export value ranked first among all counties (cities and districts) nationwide. (ta/w)Related NewsInflation Rate MoM for Apr in China is 0.3%, higher than the previous value of -0.7%. The forecast was -0.1%.
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