More than 30 beef companies witnessed the first transaction, and the Lingang Argentinian Imported Goods Bonded Exhibition and Trading Center opened
On May 27, the Argentine Imported Goods Bonded Exhibition and Trading Center in Lingang New Area opened.
The Argentina Commodity Bonded Exhibition and Trading Center is operated by the Argentina Innovation Center jointly established by the Argentina Investment and Trade Promotion Agency, the Argentine Embassy in China, the Argentine Consulate General in Shanghai, etc. It will build a collection of display experience, brand promotion, product distribution, e-commerce sales, A new bonded display transaction model integrating trade distribution and other functions. Argentinian beef companies export meat to Yangshan Special Comprehensive Bonded Zone, where they carry out bonded processing and manufacturing, and bonded display and transactions are used to better meet domestic consumer demand.
The relevant person in charge of the Shipping Department of the Lingang New Area Management Committee said that bonded display transactions can promote the optimization and upgrading of goods trade, further reduce corporate costs, and innovate the development mechanism of service trade; at the same time, the special bonded policy of Yangshan Special Comprehensive Bonded Zone can be used to enrich the consumption scene in the main city , to enhance the overall business atmosphere of the region. The Lingang New Area will give full play to its open policy and functional advantages, provide all-round support in industry, capital, and talent, jointly promote trade and technical cooperation in Argentina-related commodities, and take the establishment of the Commodity Bonded Exhibition and Trading Center as an opportunity to further promote bilateral economic and trade Investment and development, jointly build the Lingang New Area into an important window for Argentine companies to enter the Chinese market and for Chinese companies to invest and start businesses in Argentina.
At the event, Jorge, Chairman of the Argentine Beef Association, and more than 30 Argentine beef companies including FRIMSA, ARREBEEF, COMPAÑÍABERNAL, FRIGORÍFICOGENERALPICO, witnessed the successful completion of the first bonded display transaction.
Argentina is a member of the Union of South American Nations, the G20 and the third largest economy in Latin America. It is one of the world's major producers and exporters of grain and meat products. In 2023, the scale of bilateral trade between China and Argentina will reach US$17.399 billion, making China the second largest trading partner of Argentina. More than 75% of Argentina's beef exports are sold to the Chinese market, making it the world's largest meat export destination.
Chen Jinshan, member of the Standing Committee of the Municipal Party Committee, Secretary of the Party Working Committee and Director of the Management Committee of Lingang New Area, and Ma Zhiyuan, Ambassador of Argentina to China, attended the event.