Ningbo bulky commodity trade center founded
- Details
- Category: Governmental News
- Published: Wednesday, 31 August 2011 15:23
As an important platform for the development of marine economy and an important measure to construct Ningbo into an internationally strong port, Ningbo bulky commodity trade center was founded yesterday. Wang Huizhong, member of the provincial standing committee and party secretary of Ningbo, unveiled the name plate and Liuqi, vice mayor of Ningbo, delivered a speech. Present at the starting ceremony were also other government officials. Ningbo bulky commodity trade center integrates the trade, settlement, information, logistic and financial services together and is planned to be opened to business this year. The trade center will be an electronic trade platform using advanced Internet technology, e-commerce technology, linking international and domestic markets. Through years of nurturing and development, Ningbo's bulky commodity market has thrived, with trade volume ranking first among coastal cities in China. 2010 saw a turnover of ￥170 billion and a number of regional pricing centers have emerged, such as the China plastic town in Yutao. Ningbo bulky commodity trade center will feature plastics, chemicals, non-ferrous metals, rare and valuable metals and steel, and efforts will be made to build it into a domestically influential multi-commodity trading and pricing center. The establishment of the trade center will give full play to Ningbo's advantages of its location, port, resources, market and openness to the world and will greatly improve service function for the trade of bulky commodities, raise the level of modern service, and strengthen its pricing power and the competitive edge of its port. In his congratulation speech, vice mayor Liuqi said that the construction of the bulky commodity trade center is an important measure to carry out the strategic plan for Ningbo to develop marine economy, to quicken the construction of a "three-in-one" port and shipping logistic service system, a key point in the implementation of the "six-quickening" strategy to upgrade economy, which will have a far-reaching effect in the construction of a pilot zone of marine economy. Liu urged all concerned departments to have a strong sense of responsibility, to unify their thoughts, and to join their efforts to create a good environment for the operation of the trade center. He also urged the trade center to strengthen the construction of its trading system and risk-prevention mechanism so as to operate well. He finally welcomed producers and dealers to give more attention to Ningbo, to come and cooperate for common development.
