China's undiscovered gems: Yiwu boosts international business via live commerce

For more: https://news.cgtn.com/news/2024-07-08/Yiwu-boosts-international-business-via-live-commerce-1v4QxWiZSsE/p.html The Communist Party of China will convene the third plenary session of its 20th central committee on July 15 in Beijing. According to the main agenda of the session, the Political Bureau will report its work to the Central Committee, and issues concerning further comprehensively deepening reform and advancing Chinese modernization will be studied. Yiwu, the world's largest wholesale market for small commodities in east China's Zhejiang Province, has continuously reformed its business model and seen robust growth despite the global economic slowdown. In Yiwu, one can see live streamers skillfully broadcasting in different languages like English, Portuguese and Spanish. According to data from #China Customs, its import and export volume exceeded 560 billion yuan (around $78.8 billion) in 2023, with a significant boost from cross-border e-commerce. Rafael Saavedra, a content creator from Venezuela, has been living in China for about eight years. In this video, he visits Yiwu to experience the bustling trade, showing how the city practices international trade via livestreaming and achieves economic growth. Subscribe to us on YouTube: https://goo.gl/lP12gA Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv