Skip to main content

ASEAN commodity purchasing center opens in Chongqing

Abstract : A purchasing and procurement center, featuring goods from the ASEAN member countries, opened on Sunday in southwest China's Chongqing Municipality.

CHONGQING, June 28 (Xinhua) — A purchasing and procurement center, featuring goods from the ASEAN member countries, opened on Sunday in southwest China’s Chongqing Municipality.

Located in the Chongqing Highway Logistics Base, the business area, at the initial stage, covers 2,300 square meters. Customers can buy various products ranging from silver products to seafood at the center.

A cross-border highway freight service between Chongqing and the ASEAN was launched at the logistics base in April 2016.

Operated by the ASEAN international logistics park of Chongqing, and with a total investment of 10 million yuan (about 1.41 million U.S. dollars), the 14,000-square-meter purchasing center aims to become a new platform for the exchange of goods between the western Chinese inland regions and the ASEAN member countries.

The purchasing center will work with the traditional commercial and e-commerce enterprises at the base to further promote the integration of transportation, logistics, commerce, and industry to build the logistics base into an international commerce and logistics hub, according to Liu Gongfeng, an official at the logistics base. Enditem

About Xinhua Silk Road

Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal.China’s silk road economic belt and the 21st century maritime silk road website,includes BRI Policy, BRI Trade, BRI Investment, Belt and Road weekly, Know Belt and Road, and the integrated information services for the Belt and Road Initiative (BRI).

Source: ASEAN commodity purchasing center opens in Chongqing

Comments

Popular posts from this blog

China’s Xiamen posts 1,000 China-Europe freight train trips

Abstract : Xiamen, a coastal city in east China's Fujian Province, Wednesday saw the 1,000th China-Europe freight train trip since the city launched the service in 2015. The X8098 train leaves Haicang station in Xiamen of east China’s Fujian Province for Hamburg, Germany, bringing the number of train trips of China-Europe freight train service to 1,000 on June 2, 2021. (Xinhua/Lin Shanchuan) XIAMEN, June 2 (Xinhua) — Xiamen, a coastal city in east China’s Fujian Province, Wednesday saw the 1,000th China-Europe freight train trip since the city launched the service in 2015. With 50 carriages loaded with daily necessities, auto parts and other goods, the X8098 train left the Haicang station of Xiamen for Germany Wednesday morning, bringing the number of train trips of such service to 1,000. Launched in August 2015, Xiamen’s rail cargo service to Europe and Central Asia has so far transported nearly 80,000 TEUs of goods worth more than 3 billion U.S. dollars, which...

China drives global oil demand growth during pandemic

Abstract : China, with its rising refining industry, has driven global oil demand as the COVID-19 pandemic slashed it, and is emerging in the global refining industry shift, according to the International Energy Agency. Photo taken on July 21, 2020 shows the deck of the Kantan No.3 offshore oil platform in the northern waters of the South China Sea. (Xinhua/Pu Xiaoxu) China’s refiners are becoming a growing force in international markets for gasoline and diesel among other fuels, according to the International Energy Agency. NEW YORK, Nov. 26 (Xinhua) — China, with its rising refining industry, has driven global oil demand as the COVID-19 pandemic slashed it, and is emerging in the global refining industry shift, according to the International Energy Agency. Bloomberg quoted the agency as saying that as the demand for plastics and fuels grows in China and the rest of Asia, where economies are quickly rebounding from the pandemic, the refining capacity in China has been expanded....

Singapore’s manufacturing output declines 0.9 pct on year in October

Abstract : Singapore Economic Development Board announced on Thursday that the country's manufacturing output decreased 0.9 percent year on year in October, compared to a revised 25.6 percent rise in September. SINGAPORE, Nov. 26 (Xinhua) — Singapore Economic Development Board announced on Thursday that the country’s manufacturing output decreased 0.9 percent year on year in October, compared to a revised 25.6 percent rise in September. Excluding biomedical manufacturing, the output fell 2.7 percent in October from a year ago. On a seasonally adjusted month-on-month basis, Singapore’s manufacturing output decreased 19 percent in October. Excluding biomedical manufacturing, the output fell 2.9 percent. As for the performance of different clusters, the electronics cluster’s output fell 0.6 percent year on year in October, compared to a revised 33.1 percent increase in September. The biomedical manufacturing cluster saw its output grow 10.2 percent in October, compared to a revi...