It subsequently merged with Small Commodity World Newspaper (Chinese: 小商品世界报) and adopted its current title, now functioning as an economic metropolitan newspaper centered on Yiwu.
[6] Concurrently, the government has progressively eliminated financial subsidies for the publication, which has supplanted provincial and municipal newspapers in Zhejiang Province, establishing itself as the most reputable newspaper within the Yiwu distribution area.
On January 1, 2004, Yiwu Daily and Small Commodity World Newspaper amalgamated to form a new publication, which was subsequently renamed Yiwu Daily and Small Commodity World Newspaper in 2006.
[7]: 72 [9] Yiwu City, recognized for hosting the largest wholesale market for small commodities in mainland China and experiencing a surge in international trade, has seen Yiwu Business News expand its coverage of China's foreign trade and the advancement of the Belt and Road Initiative in recent years.
The publication now offers an English version for international readers and supplies news to various Chinese newspapers, including Wen Wei Po,[10] The China Press, Nouvelles d'Europe, Diário Chinês para a América do Sul, to promote Yiwu globally.