Southeast Asia Information Port News (www.dnyxxg.com) – The inaugural Global Merchants and Professional Market Matching Conference and the 26th China Commodity Trading Market Conference opened on the 28th at the Guangzhou Baiyun International Convention Center. Hu Hao, Vice Mayor of Guangzhou, introduced that Guangzhou currently has 508 professional markets, with an annual transaction volume exceeding 1.5 trillion yuan, directly creating 1.81 million jobs.
It is understood that Guangzhou has cultivated five market clusters with a transaction volume exceeding 100 billion yuan and twelve with a transaction volume exceeding 10 billion yuan, becoming a core hub for global commodity circulation. According to the "Guangzhou Action Plan for Accelerating the Transformation and Upgrading of Professional Markets and High-Quality Development (2026-2028)," the city focuses on six major development directions: standardization, transparency, internationalization, platformization, branding, and specialization, promoting three major transformations for professional markets: from traditional leasing to industry-empowering platforms; from single trading markets to new urban commercial landmarks; and from primarily domestic sales to expanding brand overseas.
At the conference, a series of cooperation and service measures were simultaneously launched. Guangzhou city leaders presented appointment letters as "Friends of Professional Markets" to 18 heads of overseas business associations, national-level industry associations, and industry experts; the "Guangzhou Professional Market Global Merchant Service Station" was officially established to comprehensively optimize the service experience for foreign merchants. Simultaneously, the Guangzhou Municipal Bureau of Commerce signed a "Strategic Cooperation Agreement on Financial and Platform Empowerment for the Transformation and Upgrading of Professional Markets" with municipal state-owned enterprises and financial institutions. Several high-quality local markets also signed strategic cooperation agreements with foreign business institutions and industry associations in China, engaging in in-depth cooperation in areas such as attracting merchants, trade matching, global brand promotion, and artificial intelligence, building bridges for Sino-foreign trade.
Wei Min, Director of the Guangzhou Municipal Bureau of Commerce, stated that Guangzhou will continue its efforts to systematically promote the transformation and upgrading of professional markets, focusing on "nine ones": exploring one piece of local legislation, compiling one special development plan, formulating one batch of support policies, issuing one batch of construction guidelines and one batch of group standards, building one digital empowerment platform, establishing one transformation and upgrading development fund, creating one international business environment, and holding one professional market conference annually. Through a series of pragmatic measures, the city aims to achieve an annual transaction volume of over 2 trillion yuan in its specialized markets by 2028, cultivate a number of modern specialized markets with global influence, and strive to build a global commodity procurement center and an international trade innovation hub. (End)
