Guangdong-Hong Kong-Macao Greater Bay Area Agricultural Product Trading Center inaugurated in Guangzhou Baiyun District

Inauguration ceremony of Guangdong-Hong Kong-Macao Greater Bay Area Agricultural Product Trading Center

On October 29, the launching ceremony of the Guangdong-Hong Kong-Macao Greater Bay Area Agricultural Product Trading Center and international cooperation on global agri-food was held in Zhongluotan Town, Baiyun District, Guangzhou, marking a new chapter in the Greater Bay Area's international agricultural cooperation.

Over 300 guests from more than 10 countries and regions were invited to witness this milestone event, including Mr. Chen Liangxian, Member of the CPC Leadership Group of the People's Government of Guangdong, Dr. Chau Chak Wing, Chairman of Kingold Group, Ms. Xing Bo, Vice President of China Media Group, as well as representatives from consulates general in Guangzhou, industry associations, enterprises, and academia.

Concept image of Guangdong-Hong Kong-Macao Greater Bay Area Agricultural Product Trading Center's entrance

The Trading Center is located in Zhongluotan Town, Baiyun District, Guangzhou, and spans a total planned land area of 2,000 mu (about 330 acres). It focuses on the trading of imported and cold-chain ingredients, high-end seafood, cut flowers, and other agri-products, with complementary services including central kitchens, intelligent logistics, and agricultural product testing. Following the trend of consolidating multiple single-purpose markets into comprehensive and multi-functional complexes, the Trading Center aims to become a modern trading center for agri-products, a supply chain hub for global high-quality agri-food, and a culinary-themed cultural tourism destination.

Concept image of Guangdong-Hong Kong-Macao Greater Bay Area Agricultural Product Trading Center's trading area

"We pursue excellence in everything we do. With the care and support from all sides, once the Trading Center is completed and begins operations, it will become a comprehensive, one-stop, ultra-high-quality purchasing platform with an annual transaction volume exceeding 100 billion yuan," Dr. Chau Chak Wing added. "The Trading Center will provide strong economic support for building new quality productive forces, promoting high-quality development, and facilitating Chinese-style modernization."

Dr. Chau Chak Wing, Chairman of Kingold Group, delivers a speech at the event.

It is estimated that over 2,000 merchants will go to the trade center and create more than 50,000 job opportunities.

During the event, the 'Global Agricultural and Food Products Supply Chain Alliance' is officially launched as well. The Alliance seeks to improve the circulation and consumption of agri-food products in the Greater Bay Area by drawing on the region's strategic position as a gateway to global markets. It will support the sustainable growth of the agri-food supply chain by fostering stronger collaboration among companies, industry associations, and professionals. Through shared resources, information, and channels, the Alliance will work towards the digitalization, sustainability, internationalization, and market-driven development of the Trading Center.

Representatives of the founding organizations of "the 'Global Agricultural and Food Products Supply Chain Alliance"

cnbayarea.org.cn & GDToday