The four-day 15th China Yiwu International Forest Product Fair that concluded in Yiwu on Nov 8 saw a total turnover of 1.03 billion yuan ($144.46 million), of which 246 million yuan was made by foreign buyers, according to organizers.
Yiwu's economy has been boosted by online livestreaming, as livestreaming platforms and e-commerce are flourishing amid the COVID-19 pandemic.
The Yiwu International Digital Logistics Market, a key financial project in East China's Zhejiang province, started construction in Jinhua on Nov 2.
Sock producers and sellers in Yiwu, East China's Jiangsu province, have been making efforts to increase sales through intelligent manufacturing and e-commerce.
It was announced at the Digital Economy High-Quality Development Conference in Zhejiang province on Wednesday that added value of the province's digital economy accounted for 48.6 percent of its GDP in 2021, an increase of more than 10 percentage points compared with 2017.
Yiwu's photovoltaic industry exported 15.21 billion yuan ($2.25 billion) in solar cells and other products from January to June this year, an increase of 336.3 percent over the same period last year, according to official data from Yiwu Customs on July 19.
Trina Solar, a solar panel manufacturer in Light Source Technology Town, Suxi town, Yiwu, East China's Zhejiang province, is a leader in the application of green energy.
The 4,500-square-meter pet and aquarium product market at the Yiwu Small Commodities Market has become a distribution center for the domestic and foreign trade of pet products.