The 2021 government work report for Yiwu, a county-level city administered by Jinhua in East China's Zhejiang province, was released in late January and set out a host of development goals for the city to achieve by the end of the 14th Five-Year Plan (2021-25) period.

Yiwu is home to the world's largest wholesale market for small commodities. In 2020, its foreign trade volume surpassed 300 billion yuan ($46.41 billion), while its GDP per capita exceeded 70,000 yuan. Both figures were a record high and the highest among all Zhejiang counties. Its total population rose from 2.02 million to 2.48 million over the past five years.

The city drew in a total of 270 investment projects valued above 100 million yuan over the past five years. Two industrial clusters, spanning the photo-electricity and automobile industries, have taken shape in the city.

The city's major targets to be met by 2025 include a GDP above 200 billion yuan, more than 65 percent of its GDP to be generated by digital economy, an urbanization rate of 83.8 percent, as well as a resident life expectancy above 82 years old.