Zhanjiang Party Secretary Zheng Renhao and Zhanjiang Mayor Jiang Jianjun conducted in-depth discussions with Wu Haofeng, vice president of Baoneng Group, on the construction of the Baoneng (Zhanjiang) Agricultural and Marine Products Trading Center project on Dec 10.

Baoneng Group is a domestic first-class large-scale group with business covering high-end manufacturing, international logistics, comprehensive urban development, comprehensive finance, cultural tourism, and people's livelihood services in more than 200 cities nationwide.

The planned total investment of the Baoneng (Zhanjiang) Agricultural and Marine Products Trading Center project is about 5 billion yuan ($715.81 million). It will build a modern, multifunctional, and smart agricultural and marine products base focusing on the development of an agricultural and marine products trading distribution center, a cold chain processing and distribution center, a cold chain multimodal operation and transportation center, an agricultural product supply chain comprehensive service center, as well as an agricultural and marine financial center.

Zheng said that he wishes Baoneng Group could optimize the plan of the cooperation project to drive the transformation and upgrading of the agricultural and marine industries in Zhanjiang. Jiang expressed his hope that the company brings advanced concepts and technologies to Zhanjiang, as well as makes contributions to Zhanjiang's further improvement of the agricultural industry chain and the promotion of rural development.

Wu noted that the project will be built into a distributed trading market of agricultural and marine products to Southeast Asia and North America. The company will take into account the guiding opinions of relevant departments, with the hopes of more support from the local government.