An international bazaar at the Greenland Global Commodity Trading Hub in Shanghai showcases a variety of products from around the globe. [Photo/Economic Information Daily]
Many eye-catching exhibits at the fifth China International Import Expo, such as sprouted coffee and one-year-old oysters, have entered the Shanghai market thanks to the Greenland Global Commodity Trading Hub, a permanent trading platform of the CIIE.
"The Greenland Global Commodity Trading Hub, also known as G-Hub, is like a miniature city where high-quality commodities from around the globe are available," said Marcelo Magnou, Uruguayan consul general in Shanghai.
Located in Xujing town of Shanghai's Qingpu district, G-Hub is an organizer that brought in 300 brands from 30 countries and regions to attend the fifth CIIE. It is also a purchaser that signed tentative deals worth a total of $777 million with more than 30 companies from 15 countries.
"China is such a huge market that we must not miss," said a 72-year-old Japanese exhibitor who showcased the world's first sprouted coffee beans at the fifth CIIE.
"We signed orders for nearly 8 tons of these coffee beans during the six-day expo," he said proudly.
A Swedish businessman, whose Chinese name is Lin Wendun, set up a North Europe center at the G-Hub and has introduced nearly 10,000 new products from Sweden, Denmark, Norway, Finland and Iceland to the Chinese market.
An Irish exhibitor with the Chinese name Yuan Wei established a national import center, a liaison office and an Ireland cultural experience center at the G-Hub for Chinese consumers to learn more about his country.
"The permanent trading platform offers imported goods the fastest access to the retail terminals and consumers," said Xue Yingjie, general manager of G-Hub Group.
More CIIE bazaars are expected to open in major business areas in downtown Shanghai and will have even more to offer, including cross-border e-commerce and bonded exhibition and sales, to benefit more overseas exporters and Chinese consumers.
