Core Viewpoint - Yiwu, known as the "world's small commodity capital," is facing challenges due to the US-China trade war, impacting its foreign trade businesses and prompting them to adapt to new market conditions [1][18]. Group 1: Impact of Tariffs on Businesses - Yiwu International Trade City hosts over 70,000 merchants, with more than 3,000 engaged in trade with the US, indicating a significant reliance on the American market [3][8]. - Some merchants, like Mao Yeqiang, report that the US market accounts for about 10% of their sales, while others with higher dependencies are feeling the pressure from increased tariffs [5][10]. - Despite the challenges, some businesses continue to receive orders from US clients, highlighting the competitive pricing of Yiwu's small commodities [7][10]. Group 2: Adaptation Strategies - Businesses are diversifying their markets, with some shifting focus to Southeast Asia and other regions to mitigate the impact of US tariffs [5][12]. - Companies are exploring digital transformation and upgrading production processes to enhance efficiency and reduce costs, with one firm reporting a potential 40% increase in production efficiency through digital upgrades [17][19]. - Yiwu's trade with "Belt and Road" countries has surged, accounting for over 66.8% of its total trade value in the first quarter of the year, demonstrating a strategic pivot towards these markets [18][24]. Group 3: Brand Development and Market Positioning - The importance of establishing independent brands has been emphasized, as many businesses lack pricing power and face challenges due to the tariff situation [21][23]. - Yiwu is actively promoting its "Yiwu China Small Commodity City" brand overseas, with initiatives already implemented in over 20 countries to help local businesses expand their international presence [24].
“风浪”中的义乌:韧性里“藏着中国底气”
Yang Shi Wang·2025-04-27 14:43