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30th China Yiwu Int'l Commodities Fair opens in Zhejiang

China

China

China

30th China Yiwu Int'l Commodities Fair opens in Zhejiang

2024-10-22 04:56 Last Updated At:11:37

The 30th China Yiwu International Commodities Fair opens in Yiwu, known as the world's largest wholesale market for small commodities, in east China's Zhejiang Province on Monday.

Themed on "Creating new driving forces of foreign trade and shaping up new advantages of opening up," the fair is scheduled to take place from Monday to Thursday at the Yiwu International Expo Center, attracting 2,500 participating enterprises.

It covers a total exhibition area of 100,000 square meters and sets up 3,900 booths with international standard.

The fair has set up exhibition areas for daily consumer goods, hardware tools, construction hardware, electronics and appliances, toys, mechanical and electrical machinery, sports and outdoor leisure products, cultural and office supplies, service trade and other industries.

During the fair, a series of concurrent events and activities, such as the 30th anniversary ceremony of the fair, global new product launch conferences, international competition of small commodity creative designs, and trade negotiations, will be launched.

Launched in 1995, the China Yiwu International Commodities Fair has grown to be the largest and most influential daily consumer goods expo in China.

30th China Yiwu Int'l Commodities Fair opens in Zhejiang

30th China Yiwu Int'l Commodities Fair opens in Zhejiang

China's foreign exchange reserves stood at 3.3421 trillion U.S. dollars at the end of March 2026, down 85.7 billion dollars, or 2.5 percent, from the end of February, official data showed on Tuesday.

The State Administration of Foreign Exchange noted that in March, the U.S. dollar index rose, while prices of major global financial assets declined, influenced by the global macroeconomic environment, monetary policies of major economies, and market expectations.

The combined effects of exchange rate conversion and changes in asset prices led to a decrease in China's foreign exchange reserves during the month, the administration said.

China's economy registered steady and improving performance during the period, with new and higher-quality development momentum. Its steady performance provided solid support for keeping the scale of the country's foreign exchange reserves basically stable, according to the administration.

China's foreign exchange reserves decline in March

China's foreign exchange reserves decline in March

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