BEIJING, Dec. 26, 2024 /PRNewswire/ — A news report by China.org.cn on China’s county economy:
The Christmas and New Year shopping carnival has arrived again. While, in eastern China’s Yiwu, the hustle and bustle already began months ago. As the largest hub for the world’s Christmas decorations, Yiwu provides more than 20,000 types of Christmas items for over 100 countries and regions every year. Since mid-summer, international merchants have been flocking there, crowding the shops in Yiwu.
Yiwu, as a small county-level city, has shaped its own unique development path based on its own strengths and with the help of policy support. Now, it is home to multiple specialized market clusters with modern logistics campuses. Last year, the city’s GDP exceeded 200 billion yuan (about 28 billion USD) for the first time.
Yiwu is a microcosm of the many Chinese county-level administrative divisions in the …