Core Insights - The opening of the Yiwu Global Digital Trade Center marks a significant shift from traditional trade models to a digital trade ecosystem in Yiwu [1] Group 1: Project Overview - The Yiwu Global Digital Trade Center has a total construction area of 1.25 million square meters, featuring five functional areas: market, office buildings, commercial streets, apartments, and a digital trade port [1] - The market area covers 410,000 square meters and has over 3,700 merchants, with 57% of them operating their own brands or IP products [1] Group 2: Technological Advancements - New business models such as artificial intelligence applications, digital trade, and cross-border e-commerce are thriving within the Yiwu Global Digital Trade Center [1] - The center has developed applications in collaboration with other companies to enhance procurement efficiency, including features for precise navigation of merchant locations, product searches, and image recognition for goods [1]

Core Insights - The opening of the Yiwu Global Digital Trade Center marks a significant transition from traditional trade models to a digital trade ecosystem in Yiwu [1] Group 1: Project Overview - The Yiwu Global Digital Trade Center has a total construction area of 1.25 million square meters, featuring five functional areas: market, business office buildings, commercial streets, apartments, and a digital trade port [1] - The market area covers 410,000 square meters and has over 3,700 registered merchants, with 57% of them operating their own brands or IP products [1] Group 2: Technological Advancements - New business models such as artificial intelligence applications, digital trade, and cross-border e-commerce are thriving within the Yiwu Global Digital Trade Center [1] - The center has developed applications in collaboration with other companies to enhance procurement efficiency, including features for precise navigation of merchant locations, product searches, and image recognition for goods [1]