Curated News
By: NewsRamp Editorial Staff
October 21, 2025
Yiwu Launches World's Most Advanced Digital Trade Hub
TLDR
- Yiwu Global Digital Trade Center offers businesses AI tools and digital platforms to reduce costs, accelerate product development, and gain competitive advantage in global markets.
- The center integrates market zones, office buildings, and digital platforms like Chinagoods and Yiwu Pay to create an end-to-end digital commerce ecosystem with AI navigation.
- This digital transformation makes global trade more accessible, reduces environmental impact through low-carbon operations, and empowers next-generation entrepreneurs with advanced technology.
- Vendors now create multilingual promotional videos by simply speaking numbers to a camera, transforming week-long processes into minutes with the Xiaoshang AI Video Creator.
Impact - Why it Matters
This development represents a fundamental shift in global trade infrastructure that could reshape how businesses worldwide source products and conduct international commerce. The integration of AI tools like the Xiaoshang AI Video Creator and comprehensive digital platforms dramatically lowers barriers to entry for small and medium enterprises, enabling them to compete globally with previously unattainable efficiency. For consumers, this means faster access to innovative products at competitive prices, while for businesses it offers streamlined supply chains, reduced marketing costs, and enhanced cross-border transaction capabilities. The center's emphasis on digital transformation and sustainability signals where global trade is heading, making this not just a local Chinese development but a blueprint for future international commerce ecosystems that could influence trade practices worldwide.
Summary
The Yiwu Global Digital Trade Center, the flagship project of Yiwu's sixth-generation market, officially opened on October 14, 2025, marking a significant milestone in the city's transformation from traditional trade to a comprehensive digital-commerce ecosystem. Located in Zhejiang Province approximately 300 km from Shanghai, Yiwu has long been recognized as the world's largest small-commodity wholesale market by authoritative organizations and has recently released China's first "Market Credit Index." This massive 1.25 million square meter complex integrates five distinct zones: market areas, office buildings, commercial districts, apartments, and the innovative Digital Trade Hub. The center already hosts vendors specializing in fashion jewelry, creative & trendy toys, and smart equipment, with more than half being second-generation merchants, next-generation start-ups, or brand/IP owners, signaling a generational shift in business leadership.
The Digital Trade Hub represents a technological leap forward with over 3,700 new stall-holders utilizing and selling AI tools, while buyers can navigate the entire center using artificial intelligence to quickly locate products, shops, and contacts. Zhou Jian, General Manager of Yiwu China Commodities City Big Data Co., Ltd., highlighted the revolutionary impact of their in-house "Xiaoshang AI Video Creator," which has dramatically reduced the time and cost of producing promotional content. Where creating a single video previously took a week and cost upwards of RMB 1,000 (approximately $140), vendors can now speak simple phrases like "1-2-3-4-5" to the camera, add text, and receive multilingual versions within minutes. Cao Fanyue, owner of Muqi Jewelry, attested to the transformative power of this technology, noting that silver-jewelry development was previously capital-heavy but Xiaoshang AI now instantly turns ideas into designs, enabling her business to produce over 200 new SKUs monthly.
The center's infrastructure is built around one high-level Digital Trade Hub and three core platforms: Chinagoods for comprehensive digital trading services, a digital supply-chain platform for efficient logistics management, and Yiwu Pay for streamlined financial settlements. These systems collectively undergird end-to-end digital commerce while the center simultaneously rolls out "N" digital-empowerment scenarios. The rapid expansion of AI large models, digital trade capabilities, and cross-border e-commerce positions Yiwu as a global hub that is fashionable, international, modern, digital, and low-carbon, completing the market's latest upgrade and signaling the city's strategic shift toward full-scale digital transformation in global trade operations.
Source Statement
This curated news summary relied on content disributed by 24-7 Press Release. Read the original source here, Yiwu Launches World's Most Advanced Digital Trade Hub
