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Yiwu Cross-Border E-Commerce Imports Hit Record 110 Million Orders

Yiwu Customs had supervised 110 million cross-border e-commerce bonded import orders as of Nov. 4, surpassing all of last year and setting a record for the period, with the city ranking first nationwide in cross-border e-commerce import volume. The Yiwu Comprehensive Bonded Zone and Yiwu Bonded Logistics Center, home to more than 130 cross-border e-commerce firms, recorded 27.148 billion yuan in bonded imports in the first 10 months, up 25.63% year on year.

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AI take

The record pace at Yiwu points to bonded import channels becoming a structural part of China's consumer goods flow, not just a pilot experiment — the 25.63% bonded import growth outrunning the order-count milestone suggests larger basket sizes or higher-value categories moving through the zone. The concentration of 130-plus firms in two bonded facilities means the model's resilience depends on a relatively narrow set of operators and on customs throughput capacity. Whether the year-on-year momentum holds into a period without a comparable base effect is the open question worth watching.

Generated by AI for reference only.

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