Yiwu Initiated To Start The Construction Of “Wisdom Market”

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Yiwu Initiated To Start The Construction Of “Wisdom Market”

Aug 4,2016

On July 12, Yiwu Municipal Market Supervisory Authority, the Yiwu Branch of China Construction Bank and the Yiwu Market Group jointly held Yiwu “wisdom market” agricultural and sideline products traceability project signing ceremony. This marked the official start of the construction of “wisdom market”, Yiwu therefore became the first city in China to promote and apply “wisdom market” agricultural and sideline produc......ts traceability project.

Yiwu “wisdom market” agricultural and sideline products traceability project is expected to explore a new way for the traceability of agricultural and sideline products. After the completion of the construction of “wisdom market” agricultural and sideline products consumers can use the bank IC card and mobile phone cloud flash pay function to make payments, reducing the cash change links, so as to make the transactions more efficient. At the same time, each stall in the agricultural product market will be equipped with more advanced new traceability scales.

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