Gaobeidian Agricultural Logistics Park Beijing open for business

The new Gaobeidian Agricultural Logistics Park in Beijing is officially open. Overall investments amount up to 5.4 billion Yuan. This is the first agricultural marketplace in the newly developed areas of Beijing.

Due to frequent traffic jams, the traffic situation in new developed areas and surrounding areas of Beijing was not ideal. Now, large vehicles can enter without problems and buyers can purchase 24 hours. The logistics park can handle fruit, frozen products, aquatic products and other products. The park is expected to become Asia's largest agricultural trading centre. For Hebei province and China, this park will become an important base for modern trade and commerce and it will offer important support.

The logistics park already established a fruit and vegetable trading area, an imported fruit trading area, a temperature controlled banana warehouse, cold storage facilities with an overall surface of 1.4 million square meters, electronic billing, inspection, traceability, e-commerce, etcetera. The park already invested 4 billion Yuan in every project and contracted more than 8600 traders. The investment completion rate is 150%. Besides that, cooperation is established between the logistics park and the Hebei Distribution Cooperation. Contracts were signed with more than 580 agricultural producers and key enterprises in Hebei, covering 80% of Hebei's market.

It is predicted that after completion of the project, the annual transactions will amount up to 30 billion kilo, leading to an annual turnover of 150 billion Yuan. This project offers a supply of agricultural products for Hebei and Beijing for more than fifteen days. It also creates directly 100.000 local jobs and indirectly 200.000 jobs. The project also reduces the amount of vehicles entering Beijing.

Source: China Economic Online - "Economic Daily"

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