China Coffee Market Free Trade Zone to Build Coffee Trading Center

The Trade area Coffee Trading Center was unveiled yesterday with the goal of becoming the largest coffee trading market in Asia within three years.
Coffee is the second largest commodity in the world besides crude oil. Although China's coffee market has a small base, it has become the world's most potential coffee market with an explosive growth rate of more than 25% a year. Some experts predict that China's coffee market consumption is expected to reach trillions of yuan by 2020, and China will surpass the United States to become the world's largest coffee consumption market within 10 years.
It is reported that the coffee trading center of the Shanghai Free Trade Zone will make full use of the financial, trade and policy advantages of the free trade zone to promote the steady growth of the national coffee industry. In order to promote the rapid and healthy development of China's coffee industry, we will strengthen cooperation with coffee planting bases in Yunnan and Hainan to form a model of complementary advantages and strong combination of sales to promote production. At the same time, we should strengthen foreign cooperation, communicate and dock with major coffee producing areas such as Vietnam, Indonesia, Brazil and Colombia, interact with international coffee industry organizations and trading enterprises, and attract foreign investors to join the coffee trading platform of Shanghai Free Trade Zone. promote China's coffee trading market to truly become an international coffee trading market and a hub market in the Asia-Pacific region.
The Coffee Trading Center of Shanghai Free Trade Zone proposes to take the center as the main body to promote the development of "coffee electronic trading platform" and "Internet +". To build an innovative development model based on the "Zhongcao net" trading platform, coffee innovation finance, and coffee creation base.
In addition, the project of the first 24-hour domestic pioneer coffee base to be built by the Shanghai Free Trade Zone Coffee Trading Center in Shanghai has also been launched. in the future, it will help more promising Internet + service-oriented or Internet + financial small enterprises to get suitable start-up capital smoothly.
Source: Jiefang Daily
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