Yiwu of Zhejiang Actively Attracts Foreign Businessmen

The sudden epidemic has caused varying degrees of impact on business personnel exchanges, logistics and transportation, and various economic and trade activities. In order to take into account the prevention and control of the epidemic and foreign economic and trade cooperation, all localities and departments shall, on the premise of implementing epidemic prevention measures, formulate targeted policies and measures in a timely manner to maintain the smooth flow of the international supply chain, innovate investment promotion and exhibition service models, and ensure that various types of economic and trade activities can be normally carried on.

During the epidemic, how to broaden investment channels? In addition to giving full play to the role of landlords, Yiwu is also making good use of "bridges" such as foreign trade companies, foreign intermediaries, and overseas business associations, and inviting non-resident international buyers, especially those Yiwu sourcing agents with trade visas, to come to Yiwu to purchase.

In order to fully attract investment, Yiwu City Mall Group has also established an investment promotion group. Recently, it has successfully docked with more than 1,700 foreign businessmen and invited 408 foreign Yiwu sourcing agents to form a group.

At the same time, affected by the epidemic, many foreign companies are still unable to purchase on-site. In response to this, under the mobilization of the municipal government, Yiwu's foreign trade companies and Yiwu sourcing agent took the initiative to connect with international buyers, provide procurement agency services, and actively reduce the agency commission ratio. 

"Relying on the purchaser service center and overseas business associations, we have recently implemented overseas economic and trade promotion actions to ensure the normal development of economic and trade activities." Yiwu Deputy Mayor Ge Qiaodi introduced.

While expanding investment, Yiwu's promotion of foreign investment has not been relaxed. The head of the Foreign Investment Section of the Yiwu Market Supervision Bureau said that Yiwu is currently optimizing the window working mechanism and opening a green channel for major investment promotion projects and overseas high-level talent projects. In addition, Yiwu also plans to build an international trade service center of version 2.0, explore the path of full-process online management of foreign-related business based on Shangyou Card, and further attract foreign capital.