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Yiwu Commerce Conference Spotlights AI-Driven Digital Trade as Cross-Border Payment Surges 98%

   2026-10-26 China News ReportCNBOAT30

The 2026 Yiwu Commerce Conference opened this week, drawing about 1,200 experts, officials and business representatives under the banner of accelerating the city's open trade channels and digital-trad...

The 2026 Yiwu Commerce Conference opened this week, drawing about 1,200 experts, officials and business representatives under the banner of accelerating the city's open trade channels and digital-trade ecosystem, according to the Yiwu government portal.

Former vice-minister Jiang Xiaojuan delivered a keynote on 'AI empowerment, mutual benefit and digital-trade competitiveness,' tracing how AI is reshaping China's trade pattern and lifting the competitiveness of digital trade. Another speaker framed Yiwu merchants' overseas expansion as 'small business, big equality: the hexagonal going-global of Yiwu bosses in the AI era.'

The conference, hosted by the Yiwu Market Development Research Institute, released two research outputs - a Yiwu Digital Trade Development Report and a Yiwu Enterprises' Latin America Going-Global report - and ran parallel sessions on the Yiwu small-commodities-city AI ecosystem, high-quality market development and logistics-hub growth.

Underlying data reinforce the narrative: YiwuPay cross-border transaction volume reached US$7.51 billion in the first nine months, up more than 98% year on year, while the city has deployed 30 AI applications serving over 70,000 users and pushed a brand-going-global program across 103 projects. For the first eight months, Yiwu's imports and exports totaled 636.4 billion yuan, up 14.8%, with exports of 548.85 billion yuan up 12.8%, a record high.

Source: Yiwu government portal / institutional-research disclosures (paraphrased and translated from Chinese official and financial media; reprinted for informational purposes with attribution).

 
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