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【ZhongYuan Import and Export Group Co., Ltd.,】Participation and Sharing | Silk Road Escort and Africa Economic and Trade Cooperation Zone and Zhejiang Enterprise Docking Conference

Date of Issue 2023-06-01

    【ZhongYuan Import and Export Group Co., Ltd.,】Participation and Sharing | Silk Road Escort and Africa Economic and Trade Cooperation Zone and Zhejiang Enterprise Docking Conference
    Binhai News (Photographed by Chen Gang in a press briefing) In order to implement the "eight actions" and "nine projects" of China Africa cooperation, promote and serve enterprises to participate in the construction of the "the Belt and Road", on May 25, under the joint guidance of Zhejiang Provincial Department of Commerce and Tianjin Municipal Bureau of Commerce, China Egypt Teda Suez Economic and Trade Cooperation Zone (hereinafter referred to as "Teda Cooperation Zone"), Nigeria Lekki Free Trade Zone The "Silk Road Escort and Africa Economic and Trade Cooperation Zone and Zhejiang Enterprise Docking Conference" jointly organized by the China Economic and Trade Development Center in Benin was held in Hangzhou.


    Vice Director of the Department of Commerce of Zhejiang Province, Wubulikasmu Maituo, stated that in recent years, Zhejiang has pragmatically promoted all-round cooperation with Africa in areas such as economy, trade, technology, culture, etc., making Africa a key area for foreign economic and trade exchanges and national production capacity cooperation, and promoting a group of excellent Zhejiang multinational companies to invest in real estate in Egypt. In the future, Zhejiang will continue to be committed to industrial cooperation, consolidating the foundation of economic and trade cooperation, participating in the construction of people's livelihoods in Africa through infrastructure connectivity, and enhancing friendship between China and Africa through cultural exchanges.


    The China Egypt Teda Suez Economic and Trade Cooperation Zone is a national level overseas economic and trade cooperation zone approved by the Ministry of Commerce, and is a landmark project linking China's "the Belt and Road" initiative with Egypt's Suez Canal Corridor development strategy. Lang Dong, the second level inspector of Tianjin Municipal Bureau of Commerce, said that during the "the Belt and Road" Summit Forum in April 2019, TEDA Cooperation Zone became one of the first pilot projects of "park upgrading" in China's overseas economic and trade cooperation zones. As an important part of the "Park Upgrade", TEDA Cooperation Zone is striving to build an Egyptian cross-border commodity distribution center (overseas warehouse) and an international used car and spare parts distribution center, playing an important role in promoting the construction of the "the Belt and Road" in China.
    China Africa Teda Investment Co., Ltd., which is mainly responsible for the work of the Teda Cooperation Zone, has been committed to integrating domestic and foreign trade and investment promotion and professional service resources, expanding the space for trade cooperation, which has also received strong support from the local government. In December 2020, TEDA obtained official approval from the Egyptian Customs General Administration, allowing us to invest in the construction of TEDA Royal bonded warehouse for the storage of empty and heavy containers and bonded goods. This marked the official operation of the first Chinese funded bonded warehouse project in Egypt within the expanded TEDA Cooperation Zone, and also created conditions and provided guarantees for the development of Chinese enterprises in Africa Li Chentao, Director of Commercial Real Estate Investment Promotion of China Africa Taida Investment Co., Ltd., introduced to reporters.


    ZhongYuan Import and Export Group Co., Ltd., registered in the Tianjin Pilot Free Trade Zone, is one of the beneficiaries of China Africa cooperation. Our company mainly engages in automobile import and export trade, wholesale sales of automobile parts, and sales of automobile decoration products, with our main markets located overseas. We have established cooperation in multiple countries and have achieved good results, so we want to continue expanding our sales scale. After on-site research, we have found that the African market is still a blue ocean and has great potential for future development. After cooperating with TEDA Cooperation Zone, we do not need to worry about automobiles The warehousing and sales issues in Egypt have also provided more opportunities and strong guarantees for the company's foreign trade ZhongYuan Import and Export Group Co., Ltd., Chairman Wang Zihao introduced to reporters. At present, China Aid Import and Export Group Co., Ltd. is conducting deep cooperation with TEDA to jointly promote the clustering development of the automotive industry chain in the Egyptian market. We hope to build a mutually beneficial and win-win industrial chain supply chain cooperation system, deepen international production capacity cooperation, and expand two-way trade and investment through the form of industry leading trade and promoting industry through trade, "said Xu Qifeng, R&D Director of China Africa Teda Investment Co., Ltd.


    At the event site, the Egyptian Suez Canal Economic Zone Administration introduced Egypt's investment environment and policies; The China Egypt Teda Suez Economic and Trade Cooperation Zone, Nigeria Leki Free Trade Zone, and Benin China Economic and Trade Development Center provided detailed introductions to their respective parks and investment and trade services. Jiang Guoquan, Executive Deputy General Manager of China Africa TEDA Investment Co., Ltd., said that by building an International marketing service platform and integrating the industry with bonded warehousing and commercial logistics, TEDA Cooperation Zone has gradually become a comprehensive carrier of international trade and economic cooperation for the coordinated development of Chinese and Egyptian enterprises.


    During the event, TEDA Overseas Investment and Trade Services - Zhejiang Liaison Office and Egypt Member Home of the China Africa Civil Chamber of Commerce were officially unveiled. The first digital park along the "the Belt and Road" jointly constructed by Linyun Technology and Taida, which are building the "the Belt and Road" meta universe digital platform, also made its debut in the event.

    China Africa Taida Investment Co., Ltd. has signed strategic cooperation agreements with Zhejiang Africa Service Center, Zhengtai International, Tianyi Chemical, and Huading Energy.
    China Africa Taida Investment Co., Ltd., ZhongYuan Import and Export Group Co., Ltd., , China Vehicle Import and Export Co., Ltd., Hangzhou Yiqi Light Dust Information Technology Co., Ltd., and Fujian Wandelong Supply Chain Co., Ltd. also shared their overseas investment and trade experience with the attending guests. (Courtesy of Zhejiang Provincial Department of Commerce and China Africa Taida Investment Co., Ltd.)