At Ningbo Zhoushan Port, the average daily import and export standard containers exceed 100,000, and the cargo throughput has been the world's first for 16 consecutive years.

In Jinhua Yiwu, the number of foreign merchants residing permanently has reached 18,000, with over 9,000 various foreign-funded entities gathered here, and the daily customer flow in the International Trade City alone reaches 220,000 people.

Today's Zhejiang is thriving in commerce and brimming with vitality. However, in the past, due to the geographical feature of \seven parts mountain, one part water, and two parts farmland,\ Zhejiang has always faced constraints in factors and pressures from resources and the environment in its development.

Then, Liu Ting, the then Deputy Director of the Zhejiang Provincial Development and Reform Commission:

At that time, Yiwu, which had made a big market with small commodities, was in a period of rapid development. As international trade volume began to exceed domestic trade volume, the government management authority of a county-level city could no longer keep up with the pace of development. Comrade Xi

Then Zhejiang Province Yiwu Municipal Committee Standing Committee Propaganda Minister Chen Xiuxian:

From improving the investment environment to strengthening investment attraction, the development of Yiwu is a microcosm of the reform and opening up in Zhejiang. Data shows that from 2003 to 2007, Zhejiang's introduction of foreign capital continuously reached new heights, with a total actual utilization of foreign direct investment of $39.1 billion, with an average annual growth of 26.8%. The practice of the \sweet potato economy\ theory has greatly stimulated the vitality of market entities and social creativity. With a fixed goal, Zhejiang has continued to build an open economy from one term to the next.

Since the 18th National Congress of the

Keep in mind the instructions of the General Secretary, Zhejiang plans reforms with a perspective that serves the whole country and looks globally: it has introduced 32 measures to promote the high-quality development of the private economy, investing real money and resources to empower and enhance enterprise policies; it has implemented regulations to optimize the business environment, precisely formulating policies from 9 aspects including improving the entry and exit system, optimizing openness and upgrading measures, and strengthening the support of factor guarantees.

Deputy Director of the Zhejiang Provincial Reform Office, Lei Chaolin:

Nowadays, Zhejiang's attractiveness to high-end resources both domestically and internationally is continuously increasing. The Nidec Group from Japan has established 16 factories in Jiaxing Pinghu, with the company having increased its investment 33 times over more than 20 years, involving fields such as motors and automobiles. As a pioneer area for the aggregation of high-quality foreign capital in Zhejiang, Jiaxing has attracted more than 10,000 foreign investment projects from 115 countries and regions. In Hangzhou, the development level of headquarters economy is accelerating, and the local area has launched a \star\ cultivation plan for headquarters enterprises, supporting the layout of headquarters enterprises and innovative institutions. At present, the vivo Global Artificial Intelligence Headquarters located in the Yuhang District is under accelerated construction, and upon completion, it will promote the aggregation of high-end industrial chains in the new generation of information technology in the field of artificial intelligence.

Bureau Chief Fu Rong of the Commerce Bureau in Yuhang District, Hangzhou City, Zhejiang Province:We continue to introduce industry-friendly policies, build platforms for industry docking services, and attract more headquarters of large and excellent enterprises to settle in, which also brings us more advanced cutting-edge technologies, more mature management models, and more complete supporting industries.

In 2024, Zhejiang saw the establishment of 1.625 million new enterprises and individual households, with the number of registered business entities reaching 10.9517 million by the end of the year. The gross domestic product (GDP) of Zhejiang exceeded 9 trillion yuan, with the private economy accounting for 67.4% of it, contributing to more than 80% of the province's imports and exports, and more than 80% of employment.

Deputy Director of Zhejiang Provincial Development and Planning Research Institute, Lan Jianping:Zhejiang is a province with limited resources, and it must utilize domestic and foreign resources to nourish the economic development of Zhejiang. In the future, we will continue to develop the \sweet potato economy\ to provide better local practices for China's high-level opening up and high-quality development.