China's small commodity hub launches Global Digital Trade Center

Transcript

00:00In East China's Yiwu City, known as the world's largest small commodities hub, a new digital

00:11trade center has opened where wholesale trading, cross-border e-commerce, online platforms,

00:18digital payments and logistics services are all under one roof.

00:22The Global Digital Trade Center spans some 410,000 square meters and uses a buy downstairs

00:29negotiate upstairs business model with shops located on the ground floor and offices in

00:36connecting multi-floor towers.

00:39The Yiwu China Small Commodities Market has also launched a platform called China Goods

00:45to help vendors engage in global trade.

00:48The site has six digital trading modules and includes automatic real-time language translations.