ab 28 May 2025 Global Research First Read As the world's largest low-ticket-price merchandise trading center, Yiwu dominates the global market in many product categories (eg, Yiwu's exports take up 96%/99% of the global Christmas product/drinking straw market). Underpinned by international trade policy facilitation, industrial clustering and value-for-money, Yiwu's export value delivered a 13% 2016-24 CAGR to Rmb589bn in 2024 (vs. an average 8% CAGR for China). As a tier 3 city, Yiwu has achieved per-capita ...