Chinese online retailers are speeding up efforts to expand their presence in overseas markets amid a broader drive to diversify revenue sources and hedge against the negative effects of the COVID-19 pandemic, industry experts said.
Jinhua in East China's Zhejiang has set the goal of developing itself into a global trade hub, according to the second plenary session of the eighth Jinhua Municipal Committee of the CPC.
A X9216 China-Europe freight train carrying goods such as daily necessities, garden crafts, hardware, and home appliances departed from the Jindong platform in Jinhua on Sept 1 for five Central Asian countries.
The number of China-Europe freight train trips in 2022 reached 10,000 on Sunday, 10 days earlier than last year, data from the China State Railway Group Co Ltd (China Railway) shows.
A X9017 China-Europe freight train carrying 100 twenty-foot equivalent units of goods including hardware and daily necessities departed from the Yiwu Railway Station on Aug 16.
A freight train loaded with 70 twenty-foot equivalent units (TEU) of exported goods left Jinhua South Railway Station in Zhejiang province Wednesday, bound for Vientiane, Laos.
The Yiwu China Commodities City, the world's largest wholesale market, launched its first overseas branch - Yiwu Market - in Dubai, the United Arab Emirates, on June 30.
Yiwu is home to some 150 mentors, who voluntarily help newcomers and guide the healthy development of business.