The Global Digital Trade Center has officially commenced operations in east China's Yiwu, the city known as the global capital of small goods trade.

The center represents a major step in transforming Yiwu from a traditional wholesale hub into a digital-driven global trade powerhouse
This latest upgrade to the marketplaces is effectively redefining how international trade is conducted in Yiwu.
Spanning 410,000 square meters across two market blocks, the new center is connected by modern office towers that complete a "buy downstairs, negotiate upstairs" business model. It brings together wholesale trading, cross-border e-commerce, online platforms, digital payments, and logistics services all under one roof.
Digital technology drives the transformation, with artificial intelligence functioning as the market's central operational system.
Intelligent navigation systems map efficient shopping routes for buyers, while interactive screens provide instant supplier recommendations, sales data and logistics options for product queries. The AI engine can match buyers with the most suitable vendors based on budget and target market, boosting sourcing efficiency more than threefold.
The Yiwu China Small Commodities Market has also launched the Chinagoods platform, offering six digital trading modules to help vendors engage in global trade. The platform features tools including automatic video language conversion and real-time AI translation.