The adaptation and transformation of Yiwus foreign trade enterprises amid major changes unseen in a century (2001–2021)
Shou X. Shi Q. Zhang X.
December 2024Elsevier B.V.
Transnational Corporations Review
2024#16Issue 4
The world is undergoing major changes unseen in a century. The profound and complex changes in the international trade landscape since Chinas accession to the WTO have put Chinas foreign trade enterprises to the test as they have embarked on a path of transformation and upgrade. As a barometer of Chinas foreign trade sector, Yiwu has progressed through three stages of development: rapid development after Chinas WTO accession, adaptation and innovation following the global financial crisis, and coordinated development amid deepening reforms. This paper explores such an evolutionary journey from the perspectives of foreign trade, market development, logistics infrastructure, export modalities, policy support, and the trade environment.
Enterprise transformation , Foreign trade enterprises , Major changes unseen in a century , Yiwu
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Shanghai International Studies University, Shanghai, China
China Commodity City Research Institute, Zhejiang Province, Yiwu, China
Yiwu Research Institute of Fudan University, Zhejiang Province, Yiwu, China
Department of Political Science and International Relations, KIMEP University, Kazakhstan
Shanghai International Studies University
China Commodity City Research Institute
Yiwu Research Institute of Fudan University
Department of Political Science and International Relations
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