Agreement signed to promote Yunnan Nuts Trading Center
To promote a joint establishment of Yunnan Nuts Trading Center, a strategic cooperation agreement was successfully signed between Yunnan State-owned Kunming Economic Development Zone Industrial Development Co Ltd and Tianfu Commodity Exchange on November 4, 2016.
Yunnan is known as a large province of nuts cultivation in China, with its walnut planting area reaching 42.3 million mu, equivalent to 2.88 million acres. The planting area output and output value of Yunnan nuts ( known as Hawaii fruit, macadamia nuts) also rank first in the country.
Yunnan Nuts Trading Center is regarded as a strategic foothold of TME’s implementation of One TME With Multicenters Around and One EC Platform in One County project, which will vigorously improve quality and efficiency of local agricultural modernization, and promote effective integration of the related financial sectors and real economy by relying on utilization of local rich resource advantages, internet technology and capital markets. The final goal is to to help the local obtain a favourable position in terms of the local economic growth
Yunnan Nuts Trading Center will spare no effort in making it the country's important nuts trading platform, and a resource, production, and trading center as well within five years.