 |
Tianjin to Build Largest Commodities Distributing Center in North China
A small-commodity distributing center, the largest in north China and comprising 12 malls in 300,000 sq.m of shopping area, will be operational in the first half of next year.
Dahutong Small Commodities Wholesale Market, the center's name, is located in Dahutong area in Tianjin. The market was established in the 1980s by the local district government and now has an annual trading volume of three billion yuan (US$361 million) and handles tens of thousands varieties of goods.
Dahutong Group Co. Ltd., the governing body of the market set up early this year, reached the cooperative deal with Wanlong Group, another local commercial enterprise. The two groups will jointly invest in the deal to demolish old buildings and reconstruct the area into the new constituent part of the distributing center.
The center will set up 12 business blocks featuring shoes, metals, household appliances, books, video and audio products and other goods.
In This Section
|