Connect with us

Technology

Foreign entrepreneurs find business opportunities and a home in Yiwu

Published

16 hours ago

on

BEIJING, July 19, 2026 /PRNewswire/ — A report from People’s Daily:

Yiwu, a city in east China’s Zhejiang province, is neither a coastal hub nor a border town. Yet it has built a trade network that reaches across the globe. Today, the city is home to more than 10,000 foreign-invested businesses and around 38,000 foreign merchants who live and work there.

People’s Daily reporters recently visited Yiwu to meet foreign entrepreneurs who have built successful businesses and settled down in the city. They shared stories of growing alongside Yiwu and becoming part of its remarkable transformation.

“I wouldn’t be where I am today without Yiwu,” said Senegalese businessman Sourakhata Tirera, a sentiment he often expresses. He first came to Yiwu in 2003 to source hardware products and was immediately impressed by the Yiwu International Trade Market. He noted, “If you can’t find something here, it’s probably because you haven’t searched carefully enough.”

In 2007, Tirera opened a foreign trade agency in Yiwu. In 2012, leveraging Yiwu’s comprehensive foreign trade pilot reform project, he established a wholly foreign-owned trading company. Today, his company ships 200 to 300 containers every month, dealing in more than 1,000 product categories and providing one-stop sourcing services for clients across Africa.

“Everyone is fascinated by Yiwu because it’s a place full of opportunities. Things that once seemed impossible can become reality here,” Tirera told People’s Daily after he finished receiving a trade delegation from Gabon.

Yemeni businessman Maged Mohammed Ali Al-Huraibi came to Yiwu alone in 2008 to pursue his entrepreneurial dream and founded a cosmetics trading company. In 2024, Yiwu launched a one-stop entrepreneurship service for foreign talent, offering factory leasing, policy consultation, and talent recruitment. Seizing the opportunity, Al-Huraibi invested in a cosmetics factory early that year, successfully transitioning from trader to manufacturer.

“Yiwu made my entrepreneurial dream come true. Now I want to bring cosmetics made in Yiwu to even more countries and regions around the world,” Al-Huraibi said.

Yiwu’s success is not simply about gathering products. More importantly, it comes from the city’s ability to create what the market needs — pioneering new approaches where none exist and forging new paths through continuous exploration.

Nepalese businessman Khadka Raj Kumar first came to Yiwu in 2002. In 2011, Yiwu pioneered a dual-track system for representative offices and foreign-invested business entities, addressing challenges related to residency, employment and business operations for foreign entrepreneurs. The following year, Kumar established his own trading company in Yiwu and later bought a home there.

In 2013, Yiwu established China’s first people’s mediation committee dedicated to foreign-related disputes, inviting foreign businesspeople to serve as mediation processes. Kumar has served in this role since 2017 and has participated in resolving more than 150 foreign-related disputes.

“In Yiwu, we’re not outsiders — we’re part of the local community,” he said.

As Yiwu’s sixth-generation marketplace, the Yiwu Global Digital Trade Center marks the city’s transition from traditional trade to a digital trade ecosystem.

Pakistani businessman Sheikh Jamil, who has operated in Yiwu for 21 years, has witnessed this transformation firsthand. According to him, more and more business is now conducted online. With the help of AI, he can quickly generate product solutions tailored to different market demands. “I can do business with the whole world without leaving my office,” he said.

Yemeni businessman Hasan Mohammed entered Yiwu’s cosmetics business as a distributor a decade ago. In 2018, he registered his own cosmetics brand in Saudi Arabia. With its products registered in Saudi Arabia, manufactured in China and sold worldwide, his business model delivers both high-quality products and a strong competitive edge.

“Yiwu is more like an ecosystem where ideas can quickly become reality. It offers not only opportunities, but also the potential for continuous growth,” said Mohammed.

For Brazilian businesswoman Ana Garcia, Yiwu’s transformation from “Made in Yiwu” to “Created in Yiwu” has been fueled by broad support in branding, digital innovation and global expansion. She founded a business consultancy that helps overseas clients identify market opportunities and sourcing needs, connect with qualified suppliers, and manage every step of the supply chain — from product selection and quality inspection to logistics and customs clearance.

Yiwu belongs not only to China, but also to the world. Together with entrepreneurs from around the globe, the city will continue turning the impossible into the possible, further burnishing its reputation as the “world’s supermarket” and ensuring that products created in Yiwu benefit people in more countries.

View original content:https://www.prnewswire.com/apac/news-releases/foreign-entrepreneurs-find-business-opportunities-and-a-home-in-yiwu-302829158.html

SOURCE People’s Daily

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Elbit Systems of America Awarded Contracts from U.S. Customs and Border Protection Totaling Over $370 Million to Enhance U.S. National Security

Published

7 minutes ago

on

July 20, 2026

By

HAIFA, Israel, July 20, 2026 /PRNewswire/ — Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems” or the “Company”) announced today that its U.S. subsidiary, Elbit Systems of America, LLC (“Elbit America”), has received multiple awards from U.S. Customs and Border Protection (CBP) totaling over $370 million to enhance U.S. national security, with work to be performed through May 2029.

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems: “These new awards demonstrate Elbit Systems of America’s continued contribution to enhancing the security and defense capabilities of the United States. Our advanced and operationally proven worldwide technologies are designed to deliver reliable, real–time situational awareness, helping our customers address complex operational challenges.”

About Elbit Systems

Elbit Systems is a leading global defense technology company, delivering advanced solutions for a secure and safer world. Elbit Systems develops, manufactures, integrates and sustains a range of next-generation solutions across multiple domains.

Driven by its agile, collaborative culture, and leveraging Israel’s technology ecosystem, Elbit Systems enables customers to address rapidly evolving battlefield challenges and overcome threats.

Elbit Systems employs over 20,000 people in dozens of countries across five continents. The Company reported $2,188.8 million in revenues for the three months ending March 31, 2026, and an order backlog of $30.2 billion as of such date.

For additional information, visit: https://elbitsystems.com, follow us on X or visit our official Facebook, YouTube and LinkedIn Channels.

Company Contact: 

Dr. Yaacov (Kobi) Kagan, Executive VP – CFO
Tel: +972-77-2946663
kobi.kagan@elbitsystems.com

Daniella Finn, VP, Investor Relations
Tel: +972-77-2948984
daniella.finn@elbitsystems.com

Dalia Bodinger, VP, Communications & Brand
Tel: +972-77-2947602
dalia.bodinger@elbitsystems.com

This press release may contain forward–looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Israeli Securities Law, 1968) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current facts. Forward-looking statements are based on management’s current expectations, estimates, projections and assumptions about future events. Forward–looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions about the Company, which are difficult to predict, including projections of the Company’s future financial results, its anticipated growth strategies and anticipated trends in its business. Therefore, actual future results, performance and trends may differ materially from these forward–looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States among others; including the duration and scope of the war in Israel, and the potential impact on our operations; changes in global health and macro-economic conditions; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; changes in the competitive environment; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.’s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward–looking statements speak only as of the date of this press release.

Although the Company believes the expectations reflected in the forward-looking statements contained herein are reasonable, it cannot guarantee future results, level of activity, performance or achievements. Moreover, neither the Company nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The Company does not undertake to update its forward-looking statements.

Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this press release are the trademarks or service marks of Elbit Systems Ltd. or its affiliated companies. All other brand, product, service and process names appearing are the trademarks of their respective holders. Reference to or use of a product, service or process other than those of Elbit Systems Ltd. does not imply recommendation, approval, affiliation or sponsorship of that product, service or process by Elbit Systems Ltd. Nothing contained herein shall be construed as conferring by implication, estoppel or otherwise any license or right under any patent, copyright, trademark or other intellectual property right of Elbit Systems Ltd. or any third party, except as expressly granted herein.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/elbit-systems-of-america-awarded-contracts-from-us-customs-and-border-protection-totaling-over-370-million-to-enhance-us-national-security-302829400.html

SOURCE Elbit Systems Ltd.

Continue Reading

Technology

ANTHBOT M9 Pro Launches with HoloSense™ Quad-Fusion Navigation for Easy, Wire-Free Lawn Care

Published

7 minutes ago

on

July 20, 2026

By

DÜSSELDORF, Germany, July 20, 2026 /PRNewswire/ — ANTHBOT has officially launched the M9 Pro, its flagship wire-free robotic lawn mower designed for smarter, effortless lawn care in complex residential gardens. Combining advanced navigation, intelligent automation, and professional mowing performance, the M9 Pro makes maintaining a beautiful lawn easier than ever.

HoloSense™ Quad-Fusion Navigation for Reliable All-Scenario Auto-Pilot

Powered by HoloSense™ Quad-Fusion Navigation, the M9 Pro combines 360° LiDAR, RTK, NetRTK, and Dual AI Vision to deliver reliable All-Scenario Auto-Pilot. The system continuously adapts to open lawns, shaded areas, narrow passages, and complex garden layouts for stable, precise mowing without boundary wires.

Designed for Complex Gardens and Wire-Free Convenience

Built for lawns up to 1,000 m², the M9 Pro features wire-free installation, automatic mapping, and intelligent scheduling, eliminating the complexity of traditional robotic mower setup. Through the ANTHBOT app, users can manage up to 32 mowing zones and enjoy a true Drop & Mow experience from day one.

Intelligent route planning and AI-powered obstacle recognition help the mower navigate trees, flower beds, pathways, and other real-world garden challenges with confidence.

Professional Mowing Performance

The M9 Pro delivers a clean, professional-looking lawn with intelligent U-shaped mowing patterns and EdgeWiz™ edge mowing technology. Its compact design passes through spaces as narrow as 65 cm, climbs slopes up to 45% (24°), crosses obstacles up to 3 cm, and recognizes more than 1,000 obstacle types using AI Vision.

Operating at ≤58 dB with IPX6 waterproof protection, the M9 Pro is built for reliable, low-maintenance lawn care throughout the mowing season.

Availability

Pre-orders for the ANTHBOT M9 Pro began on July 15, 2026, with official sales starting July 27, 2026. Customers placing qualifying pre-orders through the official ANTHBOT online store will receive a complimentary mower garage (valued at €169) while supplies last.

The ANTHBOT M5 Pro, designed for lawns up to 500 m², will be available at a later date.

About ANTHBOT

ANTHBOT simplifies residential lawn care through AI-powered automation and advanced navigation. Operating in over 30 countries, the brand is a top-selling robotic lawn mower brand on Amazon Germany and a trusted partner to premier European retailers including BAUHAUS, Boulanger, Elkjøp, Salling Group, and Landi.For more information, visit anthbot.com.

Media Kit
https://drive.google.com/drive/folders/1ioo0iSCbvHiwicSMZYqsWo9PUm7w9Huk

 

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/anthbot-m9-pro-launches-with-holosense-quad-fusion-navigation-for-easy-wire-free-lawn-care-302828428.html

Continue Reading

Technology

Short Documentary “South China Sea: Our Story” Highlights Regional Peace and Cooperation

Published

7 minutes ago

on

July 20, 2026

By

BEIJING, July 20, 2026 /PRNewswire/ — As the waters of the South China Sea are increasingly stirred by geopolitical rivalry, how do the people who live around this vast expanse of blue see the waters they call home? On July 12, the Voice of the South China Sea, a platform of China Media Group (CMG), released the short documentary “South China Sea: Our Story,” which explores a vision of peace, cooperation, and development through the perspectives of a fisherman, a scholar, and a scientist.

Lu Jiabing, a fisherman from Tanmen Township in Hainan, is an inheritor of the Geng Lu Bu – a traditional handwritten navigation guide passed down through generations of Chinese fishermen in the South China Sea. Guided by its routes, he has sailed to the major islands, reefs, and shoals across the South China Sea, retracing the voyages of his ancestors. In his view, this is not merely a traditional way of life for Chinese fishermen; more importantly, it carries forward the wisdom and courage of the generations who first ventured into these waters.

Wu Shicun, a Chinese scholar who has devoted his life to the study of the South China Sea, believes that the historical record should speak for itself. Through irrefutable historical evidence, he hopes to show the international community that the South China Sea is a homeland developed and sustained by generations of Chinese people, and equally, a shared maritime homeland for the countries that border it – one whose peace and stability should be safeguarded through joint efforts.

Huang Hui, a Chinese marine scientist, has turned her attention to the shared ecological challenges facing the world’s oceans. To help protect coral reef ecosystems from the threat of mass bleaching, she has led her team in establishing the world’s largest coral reef ecological restoration demonstration area in the South China Sea, while also actively engaging in international cooperation on coral reef conservation.

“South China Sea: Our Story” is jointly produced by the Voice of the South China Sea, a platform under CMG’s Chinese Language Programming Center, together with the Huayang Center for Maritime Cooperation and Ocean Governance, and the National Institute for South China Sea Studies.

Structured around three chapters – Homeland, Protection, and Renewal – the documentary responds to the international community’s shared aspiration for a “sea of peace, friendship, and cooperation,” and adds a warm human touch to the story of regional cooperation and development in the South China Sea.

https://vscs.cri.cn/20260712/482cc9dc-7fce-4571-a6ca-17e353008157.html 

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/short-documentary-south-china-sea-our-story-highlights-regional-peace-and-cooperation-302829401.html

SOURCE China Media Group (CMG)

Continue Reading

Trending