General

"World Supermarket" Yiwu welcomes the accelerated influx of foreign capital. As of mid March, there were 181 new foreign-funded companies established in Yiwu this year, an increase of 123% compared to the same period last year. Huacheng Import and Export Data Observation reported.

"The process of opening a company in Yiwu is simpler than I thought," foreign businessman Hassan Jawade told reporters that he started preparing various materials to come to Yiwu at the end of last year. Here, just take your passport to the window to sign, submit the application materials, and the next day, he will get his business license. Huacheng Import and Export Data Observation reports.

In order to accelerate the recovery of local foreign trade, the "Ten Measures for Optimizing the International Business Environment and Foreign-related Services in Yiwu City" was officially implemented on January 1, covering 10 aspects, including work and residence convenience, foreign production and operation, foreign-related legal services, and policy consultation. On January 8th, Yiwu promptly issued the "Action Proposal for Inviting Ten Thousand International Purchasers", which was reported by Huacheng Import and Export Data Observation.

With the concerted efforts of various departments, foreign and foreign investors have continuously poured into Yiwu. According to the statistics of Yiwu's entry and exit management department, there were about 15000 permanent foreign businessmen in Yiwu before the epidemic; Affected by the global epidemic, the number of resident foreign businessmen in Yiwu decreased by about half at the lowest point; Currently, there are more than 12000 permanent foreign businessmen in Yiwu, reaching the top 80% of the epidemic, and the number is still rising. Huacheng Import and Export Data Observation Report.

This year, 181 new foreign-funded companies have been established, with investment sources spread across 49 countries on five continents, including 121 new foreign-funded companies from Asian countries, accounting for 67%. In addition to establishing new companies, a large number of foreign investors have invested in existing companies to develop Yiwu.

In recent years, with the increasingly frequent economic exchanges between Yiwu and countries and regions along the "the Belt and Road", the main body of foreign investment in Yiwu has been growing. As of mid March, there were 4996 foreign-funded companies in Yiwu, accounting for 57% of the total number of local foreign-funded entities, with a year-on-year increase of 12%. Huacheng Import and Export Data Observation reported.