Yiwu Customs recently released data showing that in the first seven months of this year, the total value of imports and exports in Yiwu reached 321.1 billion ($43.95 billion), marking an increase of 19.7 percent compared to the same period last year.
Yiwu's postal industry handled 2.32 billion deliveries in the first quarter of 2023, up 11.9 percent year-on-year.
One reason for this is the deliberate selection of businesses that can draw and retain customers for extended periods of time.
The Yiwu Intelligent Photovoltaic Industrial Cluster was recently listed as one of the core areas of the first batch of "Made in Zhejiang" provincial characteristic industrial cluster core areas and collaborative development areas, according to local media outlets.
A delegation from Yiwu, including government officials and representatives from 34 industrial companies specializing in textiles and apparel, daily necessities, and cosmetics, embarked on a five-day business trip to Japan on Feb 15.
Jinhua's express delivery volume in 2022 exceeded 11.8 billion items, of which 78.8 percent, or 9.3 billion items, were made in Yiwu.
The small commodity industrial belt in Yiwu ranked third on the list of the top 100 industrial belts in the country released by major Chinese online shopping site Taobao.
A trade delegation from Yiwu, East China's Zhejiang province, obtained orders worth more than 25 million yuan ($3.73 million) during a major fair in Hong Kong featuring toys and games, according to the Yiwu bureau of commerce on Jan 14.