Linyi's China Market digital platform is redefining cross-border commerce by merging exhibitions, transactions, finance, and foreign trade services into a seamless digital ecosystem. Backed by the Linyi government and operated by Shendu Digital Technology, the platform has rapidly grown to host over 10,000 businesses and 230,000 products, with transactions exceeding 1.75 billion yuan ($254.35 million) since its launch.
For small businesses like Taiyisi Tools, the China Market eliminates barriers to global trade. AI-driven multilingual translation and virtual overseas pavilions enabled the company to secure back-to-back orders from Dubai within mere weeks, despite limited prior international experience.
The platform's success is amplified by supporting infrastructure: a logistics data system cuts delivery times by 80 percent and costs by 40 percent by efficiently matching cargo with vehicles, while the Yi Lian Tong supply chain finance platform provides collateral-free loans, reducing financing costs by 16.6 percent and approval times from two days to just 10 minutes.
The logistics data system of the China Market digital platform. [Photo/Linyi Daily]
Together, these initiatives create a closed-loop ecosystem for commerce, logistics, and finance, transforming Linyi from a traditional trading hub into a modern digital trade powerhouse. With provincial policy support, the China Market is spearheading a new entrepreneurship trend in Linyi, fostering innovation and global market expansion.
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