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About Us
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Project Background
Guangzhou International Commodity Exhibition & Trade City is a project set up in accordance with Guangzhou Reply Document No.26 [2007] of Guangzhou Municipal Government on its Approval and Transmission of the Work Plan Submitted by Guangzhou Commission for Foreign Trade and Economic Cooperation on Drawing on the Experience of Yiwu City to Push Ahead the Integration and Development of the Wholesale Market in Guangzhou鈥?promulgated by the Guangzhou Municipal Government on April 20, 2007. The proposed Project is located in Hualong Town, Panyu, Guangzhou, with a planned area of 4,800 mu. With the policy support, GIETC strives to cut down its operational cost and elevate its global, information-based and modernized levels in order to build itself into:
鈥? World-class platform for exhibition and trade
鈥? Platform for relocation and re-development of downtown wholesale market
鈥? "Cost lowlands" for operation
鈥? Engine for accelerated elevation of regional industrialization and development of the modern service sector
The Project is approved and initiated as the key construction project for 2008 in Guangzhou, a landmark project in Guangzhou鈥檚 鈥淓leventh Five-Year鈥?Plan on Business Development, and is rated as one of the top 10 key projects for 2009 in Guangdong Province. The Project has a total investment of over 15billion yuan and is a super-large, specialized market complex integrating exhibition & trade, R&D and exhibition, bonded logistics, commercial hotel, financial services and living facilities. It is intended to build itself into a modern international exhibition & trade platform with the largest scale, most complete lines of commodity and impeccable functions in the world, striving for the most influential commodity exhibition and trade city across the globe, thus becoming the market pacesetter!
Favorable Geographical Location
Guangzhou International Commodity Exhibition & Trade City is located at Hualong Town, Panyu District, Guangzhou, which is the 鈥渕etropolis area鈥?of Guangzhou and the heartland of economic circle of the Pearl River Delta. It is adjacent to Pazhou International Exhibition Center, University City, Huangpu, Nansha quay port, New Guangzhou Railway Station, Panyu Modern Industrial Park and Guangzhou New City. The surrounding traffic is quite convenient. It is expected that by the end of 2010, 鈥渢hree longitudinal and three latitudinal鈥?expressways will be completed in the vicinity of the Project. The three longitudinal expressways include Xinhua Expressway, Exhibition and Trade Avenue and Huangpu Bridge. The three latitudinal expressways include Pingnan Expressway, Xingye Avenue and Jinshan Avenue. By the end of 2010, five railways between Panyu and Hong Kong, Xiamen, Wuhan, Nanning and Guiyang will be opened at the New Guangzhou Railway Station. By then, it takes about 20 minutes ride to arrive at the New Guangzhou Railway Station, 1 hour ride to arrive at the airport, quay port, Shunde, Nanhai, etc, 2 hours ride to arrive at town of key economic importance in the Pearl River Delta, Hong Kong and Macao.
Government Leadership and Stockholder Advantages
GIETC is in line with the industrial policy of China and the strategy for the development of modern service sector in Guangzhou and Guangdong Province at large. As a new vehicle for the industrial shift in Guangdong Province, GIETC is one of the new top 10 projects of Guangdong Province and one of the key projects of Guangzhou. It has received unprecedented support from the government. The Project has received the support of preferential policy and funds from the government at three levels, i.e. Panyu District Government, Guangzhou Municipal Government and Guangdong Provincial Government. With the strong support of the government, GIETC strives to cut down its operational cost and build itself into a" cost lowland" for the operation of commerce and trade.
With the principle of 鈥渓ed by the government and operated by the enterprise鈥?and under the direct leadership of Guangzhou Municipal Government, seven flagship commercial enterprises with rich resources and outstanding capability for operation in Guangdong Province jointly invest on the Guangzhou International Commodity Exhibition & Trade City Co., Ltd., which is responsible for the development and operation of Guangzhou International Commodity Exhibition & Trade City.
Resources Advantages of Millennial Commercial Metropolitan
Bordering on the South China Sea and in the vicinity of Hong Kong and Macao, Guangzhou is the origin of the Silk Road in ancient China and has long been the China's south gate to the outside world.
Guangzhou, which is hailed as 鈥渕illennial commercial metropolis鈥? is the center of China's commerce and trade. With its sound atmosphere for commerce, Guangzhou plays a significant role in the commercial and trade circles in the world, and its good commercial reputation spreads across the globe.
Guangzhou has established commercial and trade ties with over 230 countries and regions, and been on friendly terms with 30-odd overseas cities. Over 300 thousand world purchasers procure on a long-term basis in Guangzhou. It has become a bridge of trade between China and the outside world.
Industrial Resources Advantages
路 Large-scale Regional Industry
In the Pearl River Delta, there are over 100 towns of key industrial importance, of which nearly 35 cities and towns have an annual value of production of over 10 billion yuan, nearly 62 have an annual value of production of over 5 billion yuan. They are the import & export-oriented economies in the country, of which the import & export scale and stock in attracting foreign investment are well above those of other areas in the country. Guangzhou is a key industrial base in China and an industrial manufacturing center in South China. The city is one of the top economies in the country in terms of economic strength.
路 Numerous Specialized Regional Markets
Currently, there are numerous specialized markets in Guangdong Province, boasting commodity radiation at home and abroad and playing a key role as a circulation platform. These markets have driven the economic prosperity of the Pearl River Delta, and have an annual volume of trade of nearly 200 billion yuan. But, Guangzhou is lacking in a modern flagship market with significant global influences.
路 Unique Exhibition Economy
The biyearly Canton Fair tops Asia in such aspects as scale, time, level and trade volume, thus winning the title of 鈥淣o.1 Fair in Asia鈥? By 2010, GIETC will incorporate itself into the 鈥淧an-Pazhou鈥?Economic Circle with the completion of Xinhua Section of Beijing-Zhuhai Expressway.
Transportation Advantages
路 GIETC is situated at the heartland of the Pearl River Delta, and the road, sea and air transportation facilities are complete.
GIETC is situated at the heartland of the Pearl River Delta, and the road, sea and air transportation facilities are complete.
Adjacent to Huangpu New Port, Old Port, Xinsha Port and Nansha Port, GIETC is a born place for the development of coastal commerce and trade. Currently, Guangzhou Port has direct trade contacts with over 500 ports in 170-odd countries and regions across the globe, and is the largest hub-port of international trade in South China Region.
路 New and old railways and high-speed inter-urban railway intersect
Beijing-Guangzhou Railway, Beijing-Kowloon Railway, Guangzhou-Maoming Railway, Guangzhou-Meizhou-Shantou Railway, Guangzhou-Shenzhen Railway and Guangzhou-Zhuhai-Macao Railway converge on New Guangzhou Railway Station, from which point railway lines extend in all directions.
The five high-speed inter-urban railways between Panyu and Hong Kong, Xiamen, Wuhan, Nanning and Kunming will have been open to traffic by the end of 2010. By then, the speed for GIETC traders to travel among big cities will be greatly improved.
路 Convenient road transportation system ensures direct connections in and out of the province
The road transportation system is centered on Guangzhou, has National Highways No.105, 106, 107, 324 and 205 as the skeleton, which are connected by three rings. The expressway network made up of 鈥渇our longitudinal and three latitudinal expressways鈥?ensures the smooth and unobstructed traffic flow.
Hong Kong-Macao-Pearl River Delta Bridge, when completed, will connect GIETC, Pearl River Delta, Hong Kong and Macao together.
路 Swift air transportation
Baiyun International Airport, one of the three major international airports in China, is only 1 hour drive from GIETC. With the completion and opening of airport bus line, the conveniences for traders both at home and abroad will be greatly improved.
Project Characteristic Advantages:
路 Scale
On the 4800-mu land, GIETC has a floorage of 5.7 million square meters, and incorporates eight major commercial functions. It addresses the differentiated purchase and trade demands of purchasers and resident traders with one-stop service. The economy of scale in terms of procurement and trade is achieved. The operator has achieved scale benefits in terms of advertisement and operation.
路 Ecological and Environmental Protection
GIETC will be developed in an intensive manner, and all designed shall be carried out in compliance with environmental and energy conservation standards. GIETC will be built into a landscape of hills and green space, integrating purchase, commerce and leisure.
路 Services and Management
While giving full play to its role as a tangible platform, GIETC is also developing its role as a powerful intangible platform for e-business;
While giving full play to its role as a tangible platform, GIETC is also developing its role as a powerful intangible platform for e-business;
In terms of property services, GIETC will employ a world-renowned enterprise with rich experience in commercial property management so that the purchasers and traders can enjoy hospitable property services with the self-contained supporting facilities in the GIETC Park.
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Marketplace Profile
Location: Panyu,Guangzhou City,China
Main Markets: Worldwide
Products/Services Offered: including exhibition and trade, convention and exhibition, bonded logistics, hotel, and so on
Scale of Marketplace: With 4800 mu of land and 5.70
Annual Turnover: US$50 Million - US$100 Million
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