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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.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.

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.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.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 Yiwu International Trade City has gathered 26 categories and more than 2.1 million kinds of goods, radiating to 233 countries and regions, and an average of 30 million express deliveries are sent from here every day. It is also related to the development of 2.1 million small and medium-sized enterprises nationwide and the employment of 32 million industrial workers.