Published on: 2026-04-23
Source: People’s Republic of China in Russian –
An important disclaimer is at the bottom of this article.
Beijing, April 23 /Xinhua/ — Chairman of the NPC Xi Jinping called for further efforts to effectively summarize and apply the experience of the development of Yiwu city in Zhejiang province /East China/.
Si Zhinpin, also the General Secretary of the CPC Central Committee and the Chairman of the Central Military Commission, recently made such a call, giving important instructions.
Small goods from Yu conquered large markets and turned into a large industry, thus forming the experience of the development of Yu city, said Xi Jinping, adding that this represents a successful practice of developing the county economy in accordance with local conditions.
Further efforts should be made for the effective generalization and application of this experience in conjunction with the deployment of a party-wide educational campaign to affirm and realize the correct understanding of duties and merits, emphasized Xi Jinping.
It is necessary to encourage all regions to use their own resources and potential to find ways for high-quality development, appropriate to real conditions, he noted.
Known as the “world supermarket,” IU is the largest wholesale market in the world for small goods, supplying everything from Christmas goods to souvenirs from the FIFA World Cup.
It is often considered as a window into reforms and China’s openness and a barometer of global trade in small commodities. Currently, the small commodities market in Yiwu counts more than 1.26 million business entities, supporting trade relations with over 230 countries and regions worldwide. In 2025, by export value, Yiwu ranked first in China among all county-level regions.
Please note; This information is raw content obtained directly from the source of information. It represents an accurate report of what the source asserts and does not necessarily reflect the position of MIL-OSI or its clients.