{"id":215016,"date":"2025-10-15T10:39:12","date_gmt":"2025-10-15T10:39:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/215016\/"},"modified":"2025-10-15T10:39:12","modified_gmt":"2025-10-15T10:39:12","slug":"yiwus-sixth-generation-market-opens-for-digital-trade","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/215016\/","title":{"rendered":"Yiwu’s sixth-generation market opens for digital trade"},"content":{"rendered":"

<\/p>\n

Merchants learn about the “Yiwu Pay” platform at the Global Digital Trade Center in Yiwu, East China’s Zhejiang province, Oct 14, 2025. [Photo\/Xinhua] <\/p>\n

The sixth-generation market in Yiwu, Zhejiang province, named the Global Digital Trade Center, officially commenced operations on Tuesday, marking a new chapter in the city’s transformation from a traditional trade model to a digitally driven global trade ecosystem.<\/p>\n

The massive center features advanced digital infrastructure, such as 10-gigabit optical networks and cross-border data channels. It is divided into five sections covering a market, office buildings, commercial blocks, apartments, and a digital trade port.<\/p>\n

More than 3,700 merchants have already settled in the market section, covering fashion jewelry, creative toys, intelligent equipment, and five other emerging industries. Among these merchants, second-generation business owners, young entrepreneurs, and new-generation traders account for 52 percent, while 57 percent operate their own brands or manage IPs.<\/p>\n

According to Zhu Xingping, deputy general manager of the center, this new generation achieves a full digital and intelligent upgrade. The Chinagoods platform offers one-stop services for customs, taxation, logistics, and financing, while Yiwu Pay enables convenient cross-border payments. The “World Yiwu” trade model introduces 13 AI applications to help small businesses cut costs and boost efficiency, including design, visual creation, and video translation tools.<\/p>\n","protected":false},"excerpt":{"rendered":"Merchants learn about the “Yiwu Pay” platform at the Global Digital Trade Center in Yiwu, East China’s Zhejiang…\n","protected":false},"author":2,"featured_media":215017,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[64,63,99,171],"class_list":["post-215016","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-au","tag-australia","tag-business","tag-markets"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/215016","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=215016"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/215016\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/215017"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=215016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=215016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=215016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}