By Kaixin Feng, Rongjia Chen, Shijie Li and Qile Chen COVID-19 hit myriad industries unexpectedly. In particular, it has struck the world’s largest small commodities market hard. As both overseas and in-country traveling are significantly hindered, the merchants of Yiwu has struggled to combat the numerous effects of the virus. Wholesalers around the globe, who were previously engaged in trade relationships with Yiwu merchants, are … Continue reading The New Industry: Live Streaming and E-commerce Training
By Xiangjun Fu, Jiawei Zhou, Zhengqi Zhou and Muyuan Zhu (Listed in alphebatical order) The city of Yiwu is famous for being the “Largest small commodity wholesale market in the world.” Nowadays, Yiwu’s logistics industry is developing at an unprecedented rate. It has already become an international port city designated by the United Nations ESCAP and also listed as a national secondary logistics park layout … Continue reading Chinese Logistics Companies & International Market, What Will Happen Next?
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?
By Ashley Zhang, Dora Ye, Amy Huang, Daisy Lu Mrs. Huang is a 50-year-old villager in Lukou, a small village near Xuzhou China, who manages a plantation business. In the beginning, her business only contained ten acres of land, and the low revenue of the business hardly allowed her to support her two daughters’ education. But when discussing Grameen Bank, her face lit up with … Continue reading To What Extent Do Grameen Bank’s Microfinance Programs Help Women in Lukou on Their Path Towards Empowerment?