China (Central) Import and Export Commodities Trading Center settled in Zhengzhou

On January 9, a reporter learned from the Henan Zhengzhou Export Processing Zone that the zone has signed a cooperation framework agreement with the China Council for the Promotion of International Trade (CCPIT) Trade Promotion Exchange Center. As part of this collaboration, the China (Central) Import and Export Commodity Trading Center will be established within the Zhengzhou Export Processing Zone. The first phase of the project spans 50 mu (approximately 33,333 square meters) and involves a total investment of 1.5 billion yuan, with a construction period of 30 months. This comprehensive trading platform will integrate product display, promotion, negotiation, transactions, and office functions, offering a one-stop solution for international trade. The initial phase will feature a wide range of products including wine, dairy, jewelry, cosmetics, seafood, clothing, auto parts, electronic components, and e-commerce trading. Additionally, the national pavilion area will showcase imported goods from various countries, enhancing the center’s global appeal. Once operational, the center is expected to attract over 500 companies. Within five years of its launch, the annual trade volume is projected to reach at least 10 billion yuan, with a long-term target of 30 billion yuan within a decade. The CCPIT has been actively involved in the development of the Central Plains Economic Zone and the Zhengzhou Airport Economic Comprehensive Experimental Zone. By leveraging the Zhengzhou Export Processing Zone, the council aims to create a demonstration platform for international trade. Upon completion, the China (Central) Import and Export Commodity Trading Center will serve as a key supporting project for Zhengzhou’s application for the Midland Inland Free Trade Pilot Area and will become a vital gateway for the opening up of the Central Plains region.

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