How can e-commerce develop with high quality? The cross-border e-commerce transaction volume in Yiwu exceeded 140 billion yuan last year
How can e-commerce develop with high quality? The cross-border e-commerce transaction volume in Yiwu exceeded 140 billion yuan last year
Recently, the 2025 E-commerce High Quality Development Achievement Conference was held in Yiwu, Zhejiang. More than 300 representatives from relevant government departments, expert think tanks in the field of e-commerce, industry organizations, leading enterprises, and relevant universities gathered together to showcase the latest achievements of international cooperation in e-commerce, share excellent enterprise practice cases, promote the healthy and sustainable development of "Silk Road e-commerce", and inject new momentum into the high-quality development of global trade.
Zhai Weibin, Deputy Director of China International E-commerce Center, stated in his speech that as one of the organizers of this conference, China International E-commerce Center has long been committed to promoting high-quality development of e-commerce. The center is willing to rely on the Yiwu Global Small Commodity Network and the center's international resources to jointly build a hub node for "Silk Road e-commerce" and cultivate a new ecosystem of digital trade.
It is reported that in 2024, Yiwu will successively implement and deepen the comprehensive reform of international trade in Yiwu and the two "national brands" of the China Europe freight train assembly center. The number of e-commerce entities in the city has exceeded 750000, and the online retail transaction volume has ranked first in Zhejiang Province for seven consecutive years. The express delivery business volume has remained second in the country. Yiwu's sea, land, and air logistics system connects nearly 750 hub nodes worldwide, with a global layout of 210 overseas warehouses.
In the high-quality release segment, authoritative experts from Shanghai University of Finance and Economics and China International E-commerce Center shared multiple achievement reports such as "Silk Road E-commerce: Digital Empowerment Linking the World", "New Value of E-commerce: From Trading Platforms to Economic Growth", "Report on High Quality Development of Live E-commerce (2024)", etc., showcasing the new trend of China's e-commerce industry actively pursuing high quality, high technology, and high value, and reflecting China's fruitful achievements in exploring international cooperation in e-commerce and actively aligning with high standard international economic and trade rules.
According to the latest data from the customs, in 2024, the import and export scale of Zhejiang's foreign trade exceeded 5 trillion yuan for the first time. The "Action Plan for Promoting High quality Development of Cross border E-commerce (2024-2027)" was issued, with the goal of "building a high-level international hub province for cross-border e-commerce". The export volume of cross-border e-commerce in the whole province reached a new historical high of 358.68 billion yuan, with a growth rate of 10.1%, marking a new record for the development of Silk Road e-commerce in Zhejiang Province.
As the world's largest small commodity distribution center, Yiwu is comprehensively promoting the digital reform of the market, weaving three networks of domestic, international and online, and establishing trade relations with more than 230 countries and regions. E-commerce and other new business entities account for one-third of the province's total. In 2024, the response speed of Yiwu's small commodity supply chain will leap to the unit of "hour", and the cross-border e-commerce transaction volume will exceed 140 billion yuan, with a growth rate of up to 15.63%.
Among them, the sales revenue of cross-border e-commerce bonded import (1210) business exceeded 19.377 billion yuan, a year-on-year increase of over 56.01%, ranking first in the Hangzhou Customs District and accounting for about 24% of the total import volume of Yiwu city. The "Yixin Europe" has operated over 11000 trains, becoming a "golden link" for interconnectivity between the Eurasian continent.
