casting light on central bank digital currency- Top Overview

The State Council approved! "World Supermarket" will open a new round of international trade reform.Yiwu market is associated with 2.1 million small and medium-sized enterprises nationwide.The State Council approved! "World Supermarket" will open a new round of international trade reform.

According to local media reports, in this deepening of international trade reform, Yiwu will accelerate the breakthrough in "buying the world" and deepen the iteration in "selling the world". At the same time, focus on digital trade, do a good job of "platform building+market cultivation+model innovation", and comprehensively promote the digital upgrading of the four core elements of "people, goods, markets and chains".Yiwu's international trade reform began in 2011, and Yiwu is also the first pilot city of comprehensive international trade reform approved by the State Council. Subsequently, Yiwu made a series of reform breakthroughs in key areas and links of international trade, which provided useful experience for promoting the transformation of the national foreign trade development mode and building an open economic system. Among them, the "market procurement" trade method initiated by Yiwu provides a simple and efficient system for the export of small commodities, which has been replicated and promoted in 39 cities across the country and has become an important measure for the steady growth of foreign trade.Yiwu market is associated with 2.1 million small and medium-sized enterprises nationwide.

According to the plan released by the State Council this time, in order to deepen the international trade reform in Yiwu, we should consolidate and apply the reform achievements in time, summarize and refine the effective experience and practices, form the system norms when conditions are ripe, copy and popularize them, and adjust and improve the measures that fail to meet expectations in time.The plan points out that Yiwu should be supported to deepen the reform of key areas and key links, try first and foremost in improving the market procurement trade mode, promoting the innovation and development of import trade, giving full play to the functions of comprehensive bonded areas, and promoting the improvement of cross-border e-commerce rules, and strive to solve deep-seated institutional and institutional problems, strengthen the construction of domestic and foreign trade integration standards, promote cooperation along the Belt and Road, innovatively support the high-quality development of China-Europe trains, explore experience for China to change its trade development mode, accelerate the construction of a trade power, and expand domestic and international markets.The State Council approved! "World Supermarket" will open a new round of international trade reform.