Tianjin to establish global purchase trade center

15:59, April 27, 2010      

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The Wuqing District People's Government of Tianjin recently signed a contract with Kingworld Group of Hong Kong on April 26 to jointly construct the "Global Commodity Trade Fair" project with a total investment exceeding 30 billion yuan.

The project will create the largest global purchase trade center in northern China using places in Beijing, Tianjin and Hebei as its base and servicing cities around the Bohai Sea region as well as radiating to China's northern, northwestern regions, Eurasia, Russia and even to the entire world. After finishing construction, it is estimated that the project will bring hundreds of billions of yuan in turnover every year.

By People's Daily Online

(Editor:祁澍文)

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