China Focus: "World's supermarket" Yiwu launches 6th generation digital ecosystem


HANGZHOU, Oct. 14 (Xinhua) -- The Yiwu Global Digital Trade Center, hailed as the sixth-generation market of Yiwu -- the eastern Chinese city known as "the world's supermarket" -- officially opened on Tuesday, marking a significant leap from traditional trade to a fully integrated digital trade ecosystem.

As a window into China's reform and opening up and a barometer of global small commodity trade, Yiwu's market has undergone multiple rounds of transformation, evolving from a humble roadside market into a modern international trade hub. Each upgrade has closely tracked the pulse of the times and market demand. Now, it is fully embracing the digital era with the establishment of the new digital trade center.

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