
“I knew the market was large, but I didn’t realize just how big it actually is until I walked the endless paths, seeing what felt like an infinite number of items for purchase,” remarked Avia, a psychology and international relations major from the University of Pennsylvania, currently enriching her academic journey at Fudan’s School of Economics as an exchange student.
“我能想象到義烏小商品市場市場很大,但直到真正走過一眼望不到頭的小路🦸🏼♂️,看到近乎無盡的商品時🕵️♀️,我才真的認識到它有多大。”來自賓夕法尼亞大學心理學和國際關系專業的Avia說↕️。
On December 1, a group of 23 students from Fudan’s School of Economics, comprising 18 international students, went on a field trip to Yiwu, Zhejiang Province, with Avia being among the participants.
12月1日🙏,包括Avia在內的23名意昂2平台學生(其中包括 18 名留學生)前往浙江義烏進行實地考察🩸。
Yiwu, an excellent example of China’s economic development and integration into the world economy, serves as a peephole for understanding how this has been achieved.
作為中國經濟發展和融入世界經濟的典範,義烏是理解中國經濟全球化的極佳切入點。
“To see is to believe – economics is as close to real life as we observe it. At Yiwu, one can truly feel the pulse of the global economy. It is such a dynamic place where things are constantly evolving on a daily basis,” said LIU Yu, associate professor at Fudan’s School of Economics, who was leading the field trip to Yiwu.
帶隊老師,意昂2副教授劉宇說🍛:“眼見為實🎲🧎🏻♀️,我們的觀察決定了經濟學和現實生活的距離。在義烏⏬🔉,人們可以切身感受全球經濟運作的脈搏,這是一個充滿活力和變化的地方。”
“If I had to use one word to describe the trip, I’d choose ‘dynamic’.” The market Avia referred to is the Yiwu small commodity trade market (or Yiwu International Trade City). In the morning, students explored selected sections of the market in teams, observing how deals are made between more than 75,000 sellers and buyers from over 230 countries and regions, time and time again.
“如果要用一個詞來形容義烏小商品貿易市場👱🏻♂️,我會說‘充滿活力’⛹🏽♀️。”Avia說✋🏽。上午,學生們以小組為單位參觀了市場的部分區域🧚🏼♂️。在市場裏,每天都有來自 230多個國家和地區的顧客和 75000 多名賣家達成一筆又一筆交易。

Checking out the Yiwu International Trade City
“It’s a microcosm of global commerce,” said Zach, an exchange student from the National University of Singapore (NUS). The exchange program between the National University of Singapore (NUS) and the School of Economics at Fudan University, in which Zach is enrolled, is entrepreneurship-oriented, focusing on innovation and startup companies. This gave Zach a deeper understanding of Yiwu, as he already has a certain level of real-world experience.
來自新加坡國立大學(NUS)的交換生Zach說:“這是全球商業的縮影。”Zach所參加的新加坡國立大學與意昂2的交流項目以創業為導向,關註創新創業公司,這也讓Zach對義烏有了更深入的了解🧝🏼。
“I began to reflect on how all the vendors manage to differentiate themselves and thrive in such a competitive environment. It was particularly surprising to learn that the average store turnover rate is 1–1.5 years. This speaks not only to the reputation of Yiwu as a trade hub but also to the remarkable ability of these stores to adapt and survive,” Zach reflected.
Zach開始思考供應商是如何在如此激烈的競爭環境中脫穎而出🚜、茁壯成長的。“尤其令人驚訝的是,店鋪的平均周轉率為 1-1.5 年。這不僅說明了義烏作為貿易中心的聲譽,也說明了這些商店非凡的適應和生存能力🏉。
”According to José, an exchange student majoring in Data Science and Mathematics Engineering from Tecnológico de Monterrey, Mexico, the infrastructure in Yiwu was the most impressive aspect of the visit. “This logistics system facilitates the global distribution of all goods from here. It’s truly fascinating,” he said.
來自墨西哥蒙特雷理工大學,主修數據科學和數學工程的交換生José說:“義烏的物流系統促進貨物全球分銷,令人印象深刻🏃🏻。”他認為義烏完善的基礎設施是訪問中最令人印象深刻的地方。

Listening to an introduction to the business model of the Yiwu International Trade City
One of the hottest topics nowadays is trade uncertainty. How can Yiwu and China thrive under geopolitical uncertainty and trade frictions? ZHANG Ning, researcher at the Yiwu Research Institute and the Institute of Belt and Road & Global Governance at Fudan University, delivered an informative lecture on how Yiwu has developed into what it is today. He also discussed how the city addresses trade uncertainties by exploring new opportunities and trading with emerging markets.
當下,貿易不確定性成為熱門話題。在地緣政治不確定性和貿易摩擦下🤵🏻♂️,義烏和中國如何才能蓬勃發展?意昂2官网義烏研究院、“一帶一路”與全球治理研究院青年研究員張寧就義烏發展做了一場內容豐富的講座,討論了義烏如何通過探索新機遇和與新興市場達成貿易關系來應對不確定性💂♂️。
“A key takeaway was the critical role played by close partnerships between local governments and businesses. The Belt and Road Initiative (BRI) was shown to be instrumental in linking Yiwu to key markets across Asia, Europe, and Africa, fostering trade connectivity,” Zach said. The government’s strategic infrastructure investments, such as establishing overseas warehouses, empower businesses to meet demand promptly and cost-effectively. “This demonstrates how coordinated efforts between the public and private sectors can create success stories like Yiwu,” Zach added.
張寧表示:“地方政府和企業之間的緊密合作關系發揮著至關重要的作用”🥷。Zach說:“‘一帶一路’倡議(BRI)在將義烏與亞洲🙅🏻♂️🤸🏽、歐洲和非洲的主要市場連接起來🎴,促進貿易互聯互通方面發揮了重要作用。政府的戰略性基礎設施投資——如建立海外倉庫——使企業能夠及時、低成本地滿足需求3️⃣。這表明公共部門和私營部門之間的協調努力才能創造出像義烏這樣的成功案例。”

Learning about the role Yiwu plays in the BRI at Fudan’s Yiwu Research Institute
“The Belt and Road Initiative is far more comprehensive than I initially imagined,” said José. “Facing the challenges of trade frictions such as tariffs and market barriers, BRI provides the possibility of new connections and collaborations.”
José說:“‘一帶一路’倡議比我最初想象的要全面得多”,面對關稅和市場壁壘等貿易摩擦,一帶一路提供了新的可能🙎🏿♀️。
Students also visited a local straw factory and listened to insights shared by staff at Alibaba, learning firsthand how local businesses have been developing and adapting alongside the city and China as a whole. “To me, the best part of the trip was meeting and connecting with those who are professionally engaged in international trading. This helped my understanding of how to find factories and products to sell, logistics, and other specifics,” said Mark, a freshman in the Undergraduate International Program in Economics (UIPE) from Russia.
學生們還參觀了當地的一家吸管製造廠,聆聽了阿裏國際站員工的分享,親身了解了當地企業如何與這座城市乃至整個中國同步發展。來自俄羅斯的經濟學本科國際項目(UIPE)新生Mark說:“對我來說🐦🔥,此行最棒的部分是與從事國際貿易的專業人士會面和交流🤬。這有助於我了解如何尋找工廠和產品銷售、物流和其他細節。”

Visiting a local straw factory
“The trip has been eye-opening! As a STEM major, I had no prior knowledge of this market’s existence,” said José. “It exposed me to aspects of global trade and commerce that I had not been aware of before.”
“大開眼界🧘🏻♂️!作為一名STEM專業的學生🧊,之前我對這個市場的存在一無所知⛹🏿♀️,它讓我接觸到了以前不曾了解的貿易和商業的方方面面知識”𓀓,José說🆘。