The foundation stone for the Guangdong-Hong Kong-Macao Greater Bay Area Agricultural Produce Trading Center was laid on Oct 29 in Zhongluotan town, Baiyun district, Guangzhou. This ambitious project aims to create a state-of-the-art agricultural and food product wholesale market modeled after the renowned Rungis International Market in France.

The Rungis International Market in France. [Photo/WeChat account: gz_baiyunfabu]

The new trading center will span an impressive 133.3 hectares, dwarfing the current largest markets in China and Japan. The project is a collaboration between the Qiaoxin Group and the Rungis International Market, ensuring that the new center will benefit from advanced management practices and global supply chain integration.

The Guangdong-Hong Kong-Macao Greater Bay Area Agricultural Produce Trading Center will feature many facilities, including a central kitchen, smart logistics, agricultural product testing, supply chain finance, and cross-border trade services. It will also host a global food exhibition center, a smart cold chain center, and an international convention center, making it a multifaceted destination for business and leisure.

A rendering of the Guangdong-Hong Kong-Macao Greater Bay Area Agricultural Produce Trading Center. [Photo/WeChat account: gz_baiyunfabu]

The new trading center is poised to enhance Guangzhou's role in the global food supply chain. The project is expected to generate an annual transaction exceeding 100 billion yuan ($14.07 billion) and accommodate over 2,000 enterprises, creating a vibrant ecosystem for the agricultural and food industries.