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It was understood that, Huangyuan Market covered an overall floorage for 420,000m2, accommodated over 5480 booths in total and was one of the professional garment markets in highest degree of internationalization, with strongest brand concentration and in biggest scale all over China. Since 2018, Huangyuan Market completely tried the “live video streaming by web celebrities”, and at present, the live video streaming had become one of the main sales channels of the market merchants.
At the moment, Yiwu markets were trying to change the “dangers and challenges” brought by the influence of epidemic to the “opportunities and chances”, stabilized the foreign trade and expanded the domestic sales by live streaming + e-commerce, short content video + supply chain and other new economic business types, to improve and revitalize the market confidence, and drive to the brisk market. “We cooperated with the Commodities City Group to rapidly achieve 5G coverage and help the merchants to sales by online live streaming, so as to drive the organic infusion of the industry and digital economy”, said by Song Baoliang, the Vice General Manager of China Telecom Yiwu Branch. 5G network was featured by high data rate, low time delay and great connection, which would provide guarantees for the business users of Huangyuan Market in “online gold washing”, “sales by live streaming” and enriching operating means with AI technologies.