男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

US EUROPE AFRICA ASIA 中文
Business / Industries

Yunnan-based coffee producer set to brew up global interest

By Jiang Xueqing (China Daily) Updated: 2015-12-24 07:42

An upcoming spot trading center in Chongqing will provide the much-needed impetus for the coffee industry in China to gain global traction along with a boost from the Belt and Road Initiative.

Yunnan-based coffee producer Dehong Hogood Coffee Co Ltd, the company that is setting up the center, said the center will boost trade with countries on the Silk Road Economic Belt and the 21st Century Maritime Silk Road.

Li Xiaoling, general manager of Chongqing Energy International (Hong Kong) Co Ltd, the second-largest shareholder of Hogood Coffee, said: "We are hopeful of setting up the center by the end of this year. We expect spot transactions of coffee at the center to range from 100,000 tons to 200,000 tons in 2016."

The company imports coffee beans from Southeast Asian countries such as Myanmar, Vietnam and Indonesia, mixes the coffee beans with those grown in Yunnan province, and then exports them to Europe. It began to export coffee beans and powder via the Chongqing-Xinjiang-Europe international railway from July this year.

Starting in Chongqing, the 11,179-kilometer railway line passes through Lanzhou in Gansu province, Urumqi in the Xinjiang Uygur autonomous region and the Alataw Pass, where it enters Kazakhstan, before continuing through Russia, Belarus and Poland, finally ending in Duisburg, Germany.

Before switching to the international railway, Hogood Coffee had to export its products from Guangzhou in South China's Guangdong province. It used to take the company 45 to 50 days to deliver goods from China to Europe but the same now takes just 14 days.

"The shorter transport time and faster deliveries have helped us gain more customers," Li said.

The coffee producer expects to increase its imports and exports to between $250 million and $300 million by the end of this year, up from more than $100 million in 2014.

Yuan Jian, corporate client manager at the Export-Import Bank of China Chongqing Branch, said the coffee producer has sought a financing loan worth $250 million. At the initial stage, the bank plans to extend a loan of $50 million to the company, he said.

If Hogood Coffee gets the full financial support from China EximBank, it can increase its imports and exports to $1.5 billion in 2016, Li said.

The company also signed an agreement with Bank of China Ltd to establish the coffee spot trading center. With the help of Bank of China, it joined a group of 27 Chongqing-based companies and 80 international companies in Germany in mid-November to promote trade and investment projects along the Chongqing-Xinjiang-Europe railway.

Xiang Heng, deputy director of the China Banking Regulatory Commission Chongqing Office, said the regulator will play an active role in guiding banks to support the Belt and Road Initiative and the building of an economic belt along the Yangtze River.

"As the traditional model of banks to maintain economic growth is unsustainable, supporting major national development strategies has become a must for the reform and transformation of the banking sector," he said.

By the end of October, the outstanding loans of banks in Chongqing for investment, cross-border trade and infrastructure projects in countries along the routes of the Belt and Road reached 39.87 billion yuan ($6.17 billion).

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 新绛县| 万山特区| 安塞县| 遵义县| 旅游| 临朐县| 文昌市| 涞源县| 固镇县| 怀集县| 千阳县| 星座| 晋城| 鱼台县| 江安县| 红河县| 宽甸| 扎赉特旗| 芜湖市| 东光县| 都兰县| 荃湾区| 衡水市| 大庆市| 抚远县| 卢龙县| 沙河市| 堆龙德庆县| 南川市| 龙里县| 邵武市| 海盐县| 山阴县| 札达县| 黔江区| 监利县| 乌拉特后旗| 北川| 博罗县| 饶河县| 鄂尔多斯市|