Hainan set up farm product trading and logistics facility in Tianjin

2012 05 22


SOUTHERN China's island province of Hainan has built an agricultural product trading and logistics centre in the northern city of Tianjin.

This is Hainan's first such facility outside the province, and is invested by the Hainan provincial government to secure steady sales volume of Hainan's farm products in northern China, Xinhua reports.

The facility cost CNY286 million (US$45.2 million) to build, occupying 15.14 hectares, comprising of three trading halls, one exhibition hall. It will offer cold chain logistics services such refrigerated transportation and storage for the perishables.

The facility will develop into a distribution hub for agricultural products from Hainan, northern and eastern China, and even those from Japan, Korea and Russia.

Hainan's agricultural product sales volume in the Bohai Rim region accounts for more than a quarter of provincial produce sales.

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