TIANJIN plans to increase the number of the wholesale markets with a business volume of CNY100 million (US$15.7 million) in the city from 76 to 100 in five years' time to boost trade and logistics business.

    By 2015, such markets with a sales volume of CNY1 billion will increase from 40 to 60, while those with a sales volume of CNY10 billion will increase from two to 10. Annual transaction volume of all these wholesale markets is expected to surpass CNY500 billion.

    The Tianjin government plans to strengthen its status as the commodity distribution hub on the Beijing-Tianjin-Hebei Economic Corridor by developing a number of wholesale markets with advanced facilities and comprehensive services and build up an extensive network for the transportation of agricultural products. The city also aims to develop itself as a port-based trade and logistics centre.

source:www.schednet.com