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Yiwu home to more than 10,000 foreign-funded business entities

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By Liu Junguo, People’s Daily

Nestled in Zhejiang Province, East China, Yiwu is a dynamic county-level city often celebrated as the “world’s supermarket,” boasting over 80,000 shops. Beyond its commercial prowess, Yiwu has evolved into a vibrant stage attracting entrepreneurs from across the globe.

Here, a Pakistani doctoral student in medicine has crossed into business to launch a consulting firm; a Turkish investor has founded three companies over the past decade and continues to grow his foreign trade; and a Syrian trader has opened two specialty restaurants. These are just a few of the vivid investment stories unfolding in this dynamic international hub. These are just a few examples of the thriving investment stories unfolding in Yiwu.

Yiwu’s journey as an international marketplace began in the late 1980s with the arrival of its first foreign-funded business. Since then, the city has consistently deepened reforms and expanded its openness. By fostering a market-oriented, law-based, and internationalized business environment, Yiwu has attracted global resources and talent. Today, more than 10,000 foreign-funded business entities from over 160 countries and regions are operating in Yiwu, spanning 14 sectors, including trade services and modern logistics.

Ali Kamran, born in Pakistan, came to China in 2007 to pursue his studies, and has lived in China ever since. In July 2023, he began doctoral studies in medicine at the International School of Medicine at Zhejiang University in Yiwu.

“Once people knew I was in Yiwu, my phone practically became a consultation hotline,” he recalled. Friends kept reaching out with the same question — which markets offered the broadest range of suppliers, how to get started in cross-border e-commerce, and where to find reliable logistics partners. It didn’t take long for him to realize that behind the constant inquiries lay a genuine business opportunity.

In July last year, he established a consulting firm, which became the 10,000th foreign-funded business entity in Yiwu. “I didn’t expect to get my business license so quickly. It’s incredibly convenient to do business in Yiwu,” said Kamran.

Positioned as a trade service platform rooted in Yiwu and connecting China and Pakistan, the company provides “one-stop Yiwu sourcing solutions” for buyers from the Middle East and Africa, while also helping Yiwu merchants expand into overseas markets.

In Kamran’s view, Yiwu is not only an ideal place to do business but also a livable city. With a “foreign citizen card,” foreign merchants can enjoy multiple services in the city freely. Yiwu also issues vocational competency certificates for foreign professionals, so as to broadening employment channels. Government service centers in the city offer multilingual services, which makes it more convenient for foreigners. Together, these measures enable foreign entrepreneurs to settle down and thrive in Yiwu.

As part of its latest comprehensive reform efforts, Yiwu has implemented a series of innovative service measures to further empower and support foreign-funded businesses, ensuring their sustained growth and success.

In 2023, Anas from Turkiye, partnering with local entrepreneur Xu Hangfei, established Yiwu Jintai Trading Co., Ltd. in Fotang township, that focuses on cross-border apparel trade. It was the third business founded by Anas in Yiwu.

Over more than a decade of entrepreneurship in the city, Anas has built a stable client base in Middle Eastern markets. As his business continues to grow, he has also felt firsthand the convenience brought by institutional innovation.

“Previously, due to the diverse range of small-volume exports we handled, a single container might contain over 10 different types of products,” said Anas. 

Thanks to the implementation of the market procurement trade method in Yiwu, companies can now opt for simplified declaration when exporting more than five categories of goods. This allows multiple types of products to be consolidated into a single container, meeting the foreign trade needs of small and medium-sized enterprises for small batches, frequent shipments, and diverse goods. 

“This reform has significantly improved the efficiency of export procedures and made business operations much smoother,” he added.

Xiao An from Syria, who has been living in Yiwu for 17 years, runs a restaurant in the city’s Binwang commercial district. The Syrian has witnessed an increasing number of foreigners coming to the city for business opportunities.

As global traders gather and settle in Yiwu, the number of foreign-funded catering businesses in the city has grown by an average of 20 percent annually over the past three years. Recognizing this upward trend, Xiao An shifted his focus from cosmetics trade to the restaurant industry.

In 2024, Xiao An opened the restaurant, allowing more foreign entrepreneurs working in the city to enjoy Syrian flavors. 

“Yiwu offers growing opportunities, and doing business here is becoming easier and more accessible,” the restaurant owner said. When registering the restaurant, Xiao An submitted an application in the morning and received the business license the same afternoon—efficient services that significantly lowered barriers to starting a business.

Since its opening, Xiao An’s restaurant has been a great success, attracting large crowds and serving over 2,000 customers daily during peak holiday periods. “In February 2025, I opened my second outlet in Yiwu,” Xiao An said. Inspired by its strong reception, Xiao An now aims to expand beyond Yiwu and establish more restaurants in other Chinese cities. “Growing my roots here in Yiwu gives me even greater confidence for what lies ahead,” he told People’s Daily.

From being known primarily for small commodities to becoming the “world’s supermarket” hosting more than 10,000 foreign-funded business entities, Yiwu continues to embrace the global market with an open and inclusive posture, attracting investors from around the world.

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Thousand-fold surge in two years: the drivers behind China’s explosive growth in token usage

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By Bao Han, People’s Daily

According to rankings released by OpenRouter, a global aggregation platform for large-language models, Chinese large-language models have outperformed their overseas counterparts in usage for a full month. 

In the most recent week (March 30 to April 4), Chinese models took the top six spots among the global top 10, with total token calls reaching 12.27 trillion. This is no fleeting spike, but a sustained trend.

Before going further, it is worth unpacking a technical term that has recently entered the public conversation: the token. A token is the smallest unit of information processed by large models. It can be measured, priced, and traded. Every Chinese character input, every line of generated code, and every image recognized, all consume tokens.

If the industrial era was defined by petroleum, and the internet age by traffic, then the AI era is defined by token usage. It serves as a key barometer of the development of the AI industry.

In March this year, China’s daily token usage exceeded 140 trillion, equivalent to processing the entire holdings of roughly 250 National Libraries of China in a single day. Even more striking is the growth rate: since early 2024, when token usage stood at 100 billion, China has achieved a thousand-fold increase in just over two years. China has undoubtedly become one of the most active countries in the world for AI applications.

What fuels this extraordinary growth? Three fundamental pillars stand out.

The first is a solid foundation of power supply. AI development fundamentally depends on electricity. China possesses the world’s largest and most advanced power supply system, with total installed capacity reaching 3.95 billion kilowatts and a continuously expanding share of clean energy. Converting watts efficiently into tokens is essential. Without power, AI simply cannot function.

The second is China’s strength in computing power. Superior computing infrastructure accelerates token processing and reduces unit costs, while advanced algorithms enhance output quality and increase token utilization frequency. 

National initiatives such as “Eastern Data, Western Computing” and coordinated computing-power systems have built a robust computing network. Continued breakthroughs by technology companies in inference chips and model architectures mean that Chinese large models are not only capable, but also more efficient and cost-effective.

The third is a sound application ecosystem. Tokens serve as the bridge between technological supply and real-world demand. From financial risk control and cross-border e-commerce operations to short-video generation, tokens are being transformed into tangible productivity. 

Behind a daily token call volume in the hundreds of trillions lies a vast array of high-frequency, large-scale and sustainable commercial applications, forming a virtuous cycle of data supply and value realization.

Some analysts have noted that China is building a competitive advantage in what can be called the “token economy,” laying out the entire value chain from energy and computing power to models and applications.

When assessing China’s AI competitiveness through the lens of the token economy, it is clear that the country’s strength lies not in fleeting competition over scale, but in persistent long-termism.

China has laid out clear targets: by 2027, it aims to promote the in-depth application of 3 to 5 general large models in manufacturing and roll out 1,000 high-level industrial intelligent agents.

The outline of the 15th Five-Year Plan (2026-2030) has explicitly called for the full implementation of the “AI Plus” initiative to empower all industries across the board.

Furthermore, the government work report has underscored goals to forge new forms of smart economy and advance the large-scale commercial application of AI in key sectors.

Taken together, these form a cohesive strategic blueprint with sustained policy momentum, painting a broad and promising picture for China’s AI development.

Another emerging consensus is that China’s approach to open source is becoming an important force in shaping the global AI technology stack. Large models such as DeepSeek have been made open to the world, helping support digital infrastructure development in Africa and providing solutions such as industrial visual inspection for factories in Southeast Asia. 

From open-source models to shared capabilities, this collaborative approach not only accelerates the evolution of China’s AI industry, but also empowers the global innovation ecosystem and promotes more inclusive access to technology.

In this long run toward the future, China is not developing itself behind closed doors, but is committed to a people-centered, AI-for-good vision featuring fairness, inclusiveness and collaborative governance. China’s response to the intelligent era is inscribed in every dynamic, pulsing token.

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Shenzhen school transforms bird song complaint into valuable life lesson

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By Wu Qiqiang, Cheng Yuanzhou, People’s Daily

A persistent bird call at a middle school in Shenzhen, Guangdong province, recently sparked a widely discussed life lesson, transforming a student’s frustration into an opportunity for learning about nature and coexistence.

The situation began when students at Shenzhen Bao’an Middle School preparing for exams were disturbed by the loud, frequent calls of an Asian koel, a native bird perched outside their classroom window. One student, Le Zongyan, anonymously left a handwritten letter on principal Yuan Weixing’s desk. The letter candidly explained the disruption to their studies and suggested removing the bird’s nest.

Yuan, whose open-door policy encourages students to share their thoughts directly or leave notes, was impressed by the letter’s sincerity and rational tone. Recognizing the students’ understandable desire for a quiet study environment, he chose not to give a simple answer. Instead, he penned a thoughtful public response shared via his social media channel.

In his letter, Yuan acknowledged the pressures students face. He gently explained that the birds sing at dusk instinctively — for mating, marking territory, and communication — and cannot adjust their natural rhythms for human schedules. He encouraged students to reframe the sound: perhaps as natural “white noise” or even a “twilight serenade” offered by the birds.

“The world does not exist for any one individual alone,” Yuan wrote. “Learning to coexist with all living things is a required lesson in growing up. The ultimate goal of education is not to make the world adapt to us, but to help us learn how to live with the world.”

The principal’s warm and insightful reply quickly gained widespread online praise, hailed by many as “exemplary education.” Le Zongyan later responded, stating that the principal’s words had become “a valuable lesson in life education,” emphasizing the importance of harmony with others and nature.

Recognizing this as a broader educational opportunity, Yuan noted, “Simply driving the bird away wouldn’t be appropriate, but doing nothing wasn’t an option either.” The school subsequently invited ecological experts to conduct science sessions on campus and organized student representatives to collaboratively discuss practical solutions, turning an isolated complaint into an ongoing journey of learning about respect and coexistence.

Experts clarified that the bird, colloquially termed the “noisy cuckoo” by students but scientifically known as the Asian koel, becomes especially vocal during its March and April breeding season. Male birds call persistently to attract mates. While their calls can reach 60 to 80 decibels at close proximity, the birds’ activity is sporadic, and their locations shift.

To reduce disruption, the school provided earplugs to students in dormitories near wooded areas. At the same time, artificial nests were installed to guide the birds toward a designated “life garden” recreational zone, away from classrooms and dorm buildings.

In fact, such life education has long been part of the school’s routine practice. When ducks in the campus pond began eating lotus plants, students formed a “campus duck management committee” to address the issue. During typhoons, the principal writes letters encouraging students to respect nature and appreciate resilience. A student-run “campus cat club” also cares for stray cats on school grounds.

According to Liu Yang, a professor at the School of Ecology of Sun Yat-sen University, true civilization is not about conquering nature, but about balancing development with ecological protection. This lesson at the Bao’an middle school planted seeds of ecological awareness in students’ minds, making harmony between humans and nature a living reality on campus, Liu said.

The story also reflects Shenzhen’s broader efforts to promote ecological conservation. 

To protect more than 100,000 migratory birds wintering in the city each year, Shenzhen Bay Park has chosen not to install high-intensity lighting, preserving natural darkness. Futian Mangrove Ecological Park has introduced specially designed “bird-friendly streetlights” to provide safe nesting spaces. Some high-rise buildings have added dotted patterns to glass facades to prevent bird collisions.

Survey data show that Shenzhen is home to over 450 species of wild birds, accounting for about 1/3 of China’s total. From 2021 to 2025, monthly counts of migratory birds on the Shenzhen side have remained at around 40,000, reflecting the city’s ongoing commitment to ecological protection.

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Older generations releases new vitality in digital age

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By Chen Zihan

On social media platforms, senior users are quietly reshaping perceptions of aging. Today, it’s common to see 90-year-old men sipping bubble tea and playing basketball, or women in their sixties confidently sharing their life stories through short videos.

According to a statistical report on China’s internet development, by June 2025, the number of internet users aged 60 and above in China had reached 161 million, with an internet penetration rate exceeding 52 percent within this demographic. Transitioning from passive users to active content creators, seniors are entering the digital age with a newfound sense of presence.

Take Mr. Wang, a 90-year-old who shares his vibrant life on short video platforms. Bubble tea, traditional Nuo dance, basketball, and urban explorations are regular features of his content.

“I used to plan five ‘one-hour activities’ each day: basketball, dance, music practice, news reading, and outdoor time with my wife. Since starting my social media account, that became six activities, adding an hour for posting, reading comments, and replying,” Wang wrote in his 2025 year-end summary. “It’s been my busiest year since retiring.”

His journey began unexpectedly at the end of 2024 when a video of him ordering bubble tea went viral. Inspired by the response, Wang started sharing his daily life online. Within just over a year, he evolved from a novice who struggled with basic tasks like forwarding links to a popular creator with over 100,000 followers.

His story is far from unique. According to the global travel media platform Travel and Tour World, senior content creators are increasingly influencing audiences’ travel and consumption decisions, thanks to their authenticity and natural relatability.

Why do videos by seniors resonate so strongly with younger viewers?

Jin Yong’ai, a professor at the Population Development Studies Center of Renmin University of China, explained that seniors bring valuable life experience and resonant stories. In the fast-paced online world, their calm and sincere communication offers young people both insight and emotional comfort.

“The warmth and wisdom of older generations can help ease the anxiety and loneliness many young people feel, while also giving seniors a stronger sense of fulfillment,” Jin added.

Xin Tao, a senior engineer at the China Research Center on Aging, noted that the rise of older creators reflects broader social and technological changes. “This trend is driven by multiple factors, including desires for self-realization and social participation, platform incentives and targeted support, intergenerational collaboration, and a more inclusive cultural mindset,” he said. 

Through content creation, Xin emphasized, seniors are not only boosting digital engagement and cultural preservation but also transforming their rich human capital into a new driver of social development.

There’s another influencer who calls herself “Chaoyi” online, which means “fashionable aunt.” From sharing her energetic daily life as a sanitation worker to showcasing her creativity in handcrafting a baby room, the 61-year-old woman has gained over 300,000 followers in just over a year with her optimistic and humorous style.

Like many older creators, she is curious about new things. However, she still relies on her son and daughter-in-law for much of the video production work.

Her experience reflects a broader reality. For many seniors, fully mastering digital tools and independently producing content remains a challenge. To help bridge the digital divide, China has introduced a national standard on age-friendly smart multimedia terminals. Communities across the country regularly offer smartphone training, while user-friendly AI-powered devices are being rolled out, combining technological accessibility with human-centered support.

Meanwhile, Deng Hong, a 72-year-old Chinese expatriate in France, greets her audience cheerfully: “Hello everyone, I’m Hongjie, living in France.” Creating short videos has added a vibrant new dimension to her life. “I want to show my confidence in life and share positive energy through my videos,” she said. “I’m planning to learn video editing myself. With today’s powerful AI tools, I will be able to add scripts to my videos in the future.”

“Older people should not be seen simply as a group in need of care,” Jin emphasized. “They are actively participating in society.” Recent survey data from her research team showed that in areas such as instant messaging and online payments, seniors’ internet usage is now largely on par with other age groups.

From Wang’s six “one-hour activities,” to Chaoyi’s family-assisted creativity, and to Deng Hong’s exploration of AI, a growing number of older creators are finding their unique rhythms in the digital world, redefining what it means to age in the modern era.

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