Ever wondered how a tiny roadside stall can transform into a global trade powerhouse? 🌏 Meet Yiwu, a city in Zhejiang Province in the east of the Chinese mainland, once known for its modest farms and humble markets.
Fast forward to today, Yiwu is nicknamed the "World's largest wholesale market for daily commodities," boasting 75,000 shops connected to over 2.1 million enterprises. That network supports around 32 million jobs worldwide! 😲
Back in 2011, China's State Council greenlit the "Yiwu International Trade Comprehensive Reform Pilot", giving Yiwu’s market new autonomy and kicking off a wave of reforms. Since then, the market has evolved from simple roadside stalls into a modern, international trade hub.
So, what’s the secret sauce? It’s all about "high-quality development". Instead of chasing raw growth numbers, this philosophy focuses on growth that’s smarter, greener, and benefits everyone. It boils down to five key pillars—innovation, coordination, green policies, openness, and shared gains.
President Xi Jinping introduced this fresh development philosophy in 2015, aiming to meet people’s growing desire for a better life. Over the past decade, it has guided the Chinese mainland towards historic economic and social achievements—like Yiwu’s stunning transformation.
Yiwu’s success story shows how embracing quality over quantity can reshape an entire region. From a little county market to a global trade gateway, this city highlights the power of thoughtful reform and forward-looking policies. 🚀
Looking ahead, Yiwu reminds us that with the right vision and a focus on high-quality development, even the smallest places can make a big global impact!
Reference(s):
How China's new development philosophy drives high-quality growth
cgtn.com
