Coffee review

Coffee is grown in Vietnam and sold in Chongqing. Why is that?

Published: 2024-11-08 Author: World Gafei
Last Updated: 2024/11/08, In the view of the person in charge of Yuxin Europe (Chongqing) Logistics Co., Ltd., the coffee special train is the first major food special train since the opening of the Chongqing-Xinou railway. It not only expands the variety of goods transported by the Chongqing-Xinou railway, but also expands the sources of goods to Yunnan. It is of great significance. A person from Chongqing Neng Investment Group revealed that it will be important to cooperate with Hougu to put future futures trading in Chongqing.

In the view of the person in charge of Yuxin Europe (Chongqing) Logistics Co., Ltd., the coffee train is the first major food train since the opening of the "Yuxin Europe" railway. It not only expands the variety of goods transported by the "Yuxin Europe" railway, but also expands the sources of goods to Yunnan, which is of great significance. A person from Chongqing Neng Investment Group revealed that working with Hougu to put future futures trading in Chongqing can form a link between Chongqing and Southeast Asia. Through the link, the regional and economic advantages of Yunnan and Chongqing will complement each other and seek common development.

The "blood transfusion" of financial institutions may become a booster for the project's landing in Chongqing. The financing of US $12.6 million is the first loan from the Chongqing Branch of the Export-Import Bank of China for the special import credit approved by Chongqing Neng Import and Export Corporation. The loan has also been incorporated into the "3n" strategic cooperation mechanism of cooperation between Chongqing Foreign Trade and Economic Cooperation Commission, Chongqing Branch of Export-Import Bank of China and Chongqing Foreign Economic and Trade Group, and enjoys preferential loan interest rates.

The author learned that through cooperation with the Chongqing Branch of the Export-Import Bank of China, Chongqing Nengtou Import and Export Co., Ltd. is committed to becoming the largest coffee trader in China, helping Chongqing to achieve its goal of building Chongqing into the world's third coffee spot (futures) trading center. What does Chongqing Nengtou Import and Export Co., Ltd do? According to public information, he is one of the subsidiary companies of Chongqing Energy Investment Group Co., Ltd. The company mainly imports coffee beans and coffee powder from Vietnam, South Korea and other countries. After arriving at Huangpu Port or Shanghai Port, the company takes advantage of the golden waterway of the Yangtze River and sends them to Chongqing bonded port warehouse for simple screening and processing by means of river-sea transport. The screened coffee beans and processed coffee powder are transported to Tuanjie Village and sent to the terminal Germany through the "Chongqing-Xinou" railway, and then to European countries. According to industry insiders, it only takes 14 days to transport coffee to Europe and to Duisburg in Germany through the "Chongqing-New Europe" railway, which saves about 2/3 of the time compared with traditional trade shipping and saves a lot of time and cost for enterprises.

As far as the author knows, "Yuxin Europe" has already tried the water to launch an international coffee train. At the Yu Trade Conference in May last year, Chongqing Nengtou, Chongqing Xinou Company and Hougu Coffee signed a strategic cooperation agreement to open the Hougu Coffee International Special Train. Hougu Coffee is produced by Dehong Hougu Coffee Co., Ltd., which is a well-known enterprise in Yunnan, enjoys a certain popularity at home and abroad, and is a leading enterprise in domestic coffee planting and processing. A considerable part of the coffee consumed in Europe comes from Asia. Hougu, as a leading coffee enterprise in China, hopes to take advantage of Chongqing's geography and logistics to expand coffee spot trade, and on this basis to jointly develop futures trading and build the world's third largest coffee futures trading center. All signs show that the world's third coffee spot (futures) trading center is speeding up plans to settle in Chongqing! The author notes that in order to implement the "Belt and Road Initiative" and the national strategy of the Yangtze River Economic Belt, and make full use of the "Chongqing New Europe" channel to help Chongqing become an "inland open highland", recently, the Chongqing Branch of the Export-Import Bank of China raised 12.6 million US dollars from Chongqing Investment Import and Export Co., Ltd., specially for coffee import.

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