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INTERNATIONAL EVENTS

Inaugural essay of Yuanhong International Food Fair concludes in Fuqing
Monday, 16 September, 2019, 08 : 00 AM [IST]
Fuqing
The inaugural essay of the Yuanhong International Food Fair (YIFF) concluded at the Yuanhong Online Exhibition Experience Trading Centre in Fuqing City in China’s Fujian Province recently, creating a cross-border trading service platform for domestic and overseas food suppliers and purchasers, and finally realising the goal of trading in Yuanhong, delivery in the world.

Over 10,000 types of foods from around the world were available at the two-day fair, which opened in the Yuanhong International Food Industry Park. These included Russian king crab, Argentine red shrimp and top white shrimp from Ecuador.

About 500 companies exhibiting welcomed over 2,000 professional buyers, and recorded over RMB 3 billion in sales across four large-scale events, viz., Russian King Crab Bulk Order Fair, Frozen Goods On-site Purchase Fair, Online Foods Purchase Fair and Supermarkets On-site Purchasing Fair.

The municipal leaders of Fuzhou City, Lin Gaoxing, and Fuqing City, Lin Zhong, Chen Cunfeng and Zhu Yu, were joined by guests from the regions at the fair. Han Weiwei, general manager, Fuzhou BOE Optoelectronic Technology, and Wang Yueying, general manager, Yuanhong Online, also exchanged views on the event.

Yuanhong Online then took the podium, introduced by its company representatives. Yuanhong officially operates the large food supply-chain centre, Yuanhong International Food Industry Park, and has nearly 2,00,000 distribution channel partners worldwide engaged in the food industry, providing millions of tonne of cold chain storage, and billions of dollars in supply chain finance and other services.

It aims to become a trillion-dollar global food import and export trading service platform, and the world's largest international food trading and distribution centre.

Yuanhong Online's representatives then signed strategic cooperation agreements with Jingdong and Frozen Products Online, Shaanxi Fuxian and Shaanxi Xi'an Fuqing Chambers of Commerce, respectively.

Finally, Fuqing municipal government leader Lin Youhua announced the opening of the 2019 Yuanhong International Food Fair, and with that, the official launch of Yuanhong Online Platform 2.0.

The Yuanhong Online Platform, through its app and Wechat applet, provides fast search and accurate advice, with online negotiations, large online payments and other functionalities.

The platform will also provide one-stop cross-border food trading services such as global direct buying, supply chain finance, cold chain storage, international logistics, customs clearance and inspection, in conjunction with high-quality service providers such as Jingdong, Fengda Industry, Yunquna, China Inspection and Quarantine Group and China Import and Export Bank.
 
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