Yiwu

Challenges and opportunities: The road of industrial transformation and upgrading in Yiwu

Impact Investment, In-depth Issues, Tech & Innovation /

By Jiawei Li, Junhan Xu, Yicheng Yao “Manufacturing relocation is inevitable; Southeast Asian and South American countries will take over low-end manufacturing industry in the near future.” Mr. Guo, the founder of iLilace, a multi-platform, multi-million housecare product exporting business, stated. “Nations such as India and Malaysia are indeed catching up in terms of low-end

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Local Entrepreneurship and Global Competitiveness: From Yiwu Toy Industry to the Whole Market

Changemaker's Advice, Impact Investment, In-depth Issues /

By Wenxuan Song, Yinlong Shen, Yuan Ning, Yufan Zhu Dating back to the Qing Qianlong period, as the saying goes, “Chicken feather for sugar”, citizens in Yiwu started to do bartering, and the tradition of trading seems to engrave itself in the genes of people in Yiwu. After the Reform and Opening-up in 1978, a

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