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Yiwu's Market Procurement Trade Model Powers 'Made in China' Exports, Now Replicated

   2026-11-09 China News ReportCNBOAT20

As the peak export season arrives, Yiwu Port near the International Trade City is busy consolidating small commodities for shipment ahead of overseas holiday demand. The market procurement trade model...

As the peak export season arrives, Yiwu Port near the International Trade City is busy consolidating small commodities for shipment ahead of overseas holiday demand. The market procurement trade model - pioneered in Yiwu - lets qualified traders in designated market clusters export goods worth up to 150,000 US dollars per declaration with simplified procedures, completing customs formalities at the place of purchase.

In the first eight months of 2026, Yiwu exported 443.36 billion yuan through this model, up 10.1% and accounting for 80.8% of the city's total exports. The model has now been replicated in 39 professional markets nationwide. Smart-clearance platforms enable second-level container release and 24-hour automated, paperless customs clearance, cutting logistics and compliance costs for small and micro enterprises while keeping goods traceable.

 
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