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In the first nine months, it exceeded 100 billion yuan! Yiwu ranked first

 From January to September, Yiwu’s economy was stable and improving, the industry developed steadily, and the market vitality was enhanced. The industrial output value above the scale was 119.59 billion yuan, with a growth rate of 47.6%; the industrial added value above the scale was 18.06 ... Read More

U.S. LNG still can’t meet Europe’s gas gap, shortages will be worse next year

LNG imports in northwest Europe and Italy rose by 9 billion cubic meters between April and September compared with the same period last year, BNEF data showed last week. But as the Nord Stream pipeline stops supplying and there is a risk of closure of the only operating gas pipeline between Russi... Read More

European natural gas spot prices continue to rise and fall?

According to a report by CNN on the 26th, due to sanctions against Russia, European countries have been buying natural gas on a global scale since the summer to cope with the coming winter. Recently, however, the European energy market has been oversupplied with the massive influx of liquefied na... Read More

International Energy Agency: LNG market is tightening behind the “shrinking” of global natural gas demand

With the northern hemisphere gradually entering winter and gas storage in good condition, this week, some short-term natural gas contracts in the United States and Europe were surprised to see “negative gas prices”. Has the great turbulence in the global natural gas market passed? The... Read More

Supply shortage or purchase surplus? Why EU Solves the “Urgency of Gas”

Energy ministers of EU countries held an emergency meeting on Tuesday local time to discuss how to limit the price of natural gas in the EU region and try to further promote the final energy plan when the winter is approaching. After a long series of debates, EU countries still have differences o... Read More

Lack of gas in Europe brings fire to Chinese LNG ships, orders are scheduled to 2026

A Russian-Ukrainian conflict is not only a partial military action, but also directly affects the global economy. The first to bear the brunt is the reduction in the supply of Russian natural gas, which Europe has long relied on. This is of course the choice of Europe to sanction Russia itself. H... Read More

August full-caliber import and export monthly report: supply and demand disturbances, both import and export weakened

      Tengjing’s full-caliber data shows that in August 2022, my country’s full-caliber goods exports (in RMB, current prices) increased by 12.56% year-on-year, a larger drop than the previous month, but still maintained at a level of more than 10%. The constant price growth rate is -... Read More

China’s Yiwu leads global supply chain in innovation

The reshaping of the global supply chain is mainly reflected in digital trade, digital industry, and digital finance.] In terms of digital finance, strengthen and improve the coverage of supply chain finance with small, medium and micro enterprises as the main body. Based on traditional finance, ... Read More

At the beginning, 40 years of “supply chain reform” in Yiwu

On the eve of the “reform and opening up” in 1978, 18 farmers in Xiaogang Village, Fengyang, Anhui Province, pressed their finger print and created the first “household contract responsibility system”, which opened a new situation for the subsequent agricultural production... Read More

Blast! Commodities like this in Yiwu, Zhejiang have been on fire recently

Under the circumstance of limited natural gas supply and soaring prices, in order to survive the winter, more and more Europeans are now seeking “solutions” from Chinese manufacturing. In this context, the export of heating equipment such as electric blankets and electric heaters has ... Read More
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