Recently, the Ministry of Finance and the Ministry of Commerce announced the results of the 2025 Modern Commerce and Trade Circulation System pilot city selection. Twenty cities across the country were selected, and Wenzhou, Zhejiang was successfully shortlisted. Currently, it has received 200 million yuan in subsidy funds from the central government. The pilot focuses on key tasks such as boosting consumption, encouraging innovation and expansion efforts in pilot cities, speeding up the application of new technology, the cultivation of new business formats, and the layout of new facilities, and giving better play to the driving role of commercial and trade circulation pilot work in boosting consumption.

Recently, the Ministry of Finance and the Ministry of Commerce announced the results of the 2025 Modern Commerce and Trade Circulation System pilot city selection. Twenty cities across the country were selected, and Wenzhou, Zhejiang was successfully shortlisted. Currently, it has received 200 million yuan in subsidy funds from the central government. The pilot focuses on key tasks such as boosting consumption, encouraging innovation and expansion efforts in pilot cities, speeding up the application of new technology, the cultivation of new business formats, and the layout of new facilities, and giving better play to the driving role of commercial and trade circulation pilot work in boosting consumption.