An AZ19 Global Exchange Digital Commodity Exhibition Center will rise in the core business area of Qingmao and Gongbei checkpoints to meet the needs of Greater Bay Area consumers for cross-border e-commerce shopping and improve the efficiency of such transactions processes.

A cooperation framework agreement was signed between the investor AZ Corporation and Xiangzhou District during the May 29 Xiangzhou District Industry Development Conference.

Project rendering [Photo courtesy Guanhai App]

Phase I of the exhibition center will cover a construction area of 15,000 sq m (3.7 acres) while the second phase will have floorage of 20,000 sq m (5 acres). With an investment of 500 million yuan ($75 million), it is expected to generate 10 billion yuan ($1.5 billion) in revenue in three years and cultivate nearly 10,000 e-commerce practitioners.

In the exhibition center, consumers will be able to experience cross-border goods and place orders on the cross-border e-commerce digital platform. The commodities can then be quickly cleared customs via the Zhuhai Cross-border Industrial Zone and delivered to consumers, according to a responsible person, adding that the platform also has a cross-border e-commerce live-streaming room to expand sales channels for settled enterprises.

As of now, an investment attraction has been initiated for the exhibition center, which covers imported daily chemicals, cosmetics, food, big health and imported electronic products, mother and baby goods, e-commerce brand display, life support, leisure catering, and more.

The project will also make full use of the digital technology advantages and preferential industrial policies in Xiangzhou District to support the development of local emerging industries.