By Yunlei Duan, Hao Zhu, Tsz Nga Tsui, Xinmeng Wang Over the past few decades, Yiwu, a small city in the middle of Zhejiang Province, has successfully transformed from a poor county to one of the wealthiest counties in China by a successful international trade business.  Nowadays, the products from Yiwu are sold to over 200 countries, mostly to the Middle East, Europe, and Latin … Continue reading Dilemmas and the Way Out of Yiwu’s Global Trade

By Kaiyue Zheng, Yihang Feng, Yujing Zheng In the early summer of 2020, “street-stall economy” became a much-discussed term in China, just after Chinese Premier Li Keqiang praised and voiced his support for such an economy in his speech in June. Tens of thousands of people devoted themselves to the street vending economy, bringing long-lost prosperity to the cities and the streets, right after the … Continue reading Is the Street Stall Economy Possible for Sustainable Development?