ankoubei’s Wuhan m 上海乌托邦s how inland regions

Known as the Chicago of China and located alongside the Yangtze River, Wuhan, capital

of Central China’s Hubei province, has been a business hub throughout the nation’s modern history. 上海乌托邦女神会所

In recent years, the city’s Hankoubei area has represented the “Wuhan model”, showing th

 上海乌托邦e world how China’s inland regions have found innovative ways to develop their economies.

Since the start of the Age of Exploration in the early 15th century, global

trade has been focused on oceans, and the coastal regions in eastern China have emerged rap 上海乌托邦女神会所

idly over the past century. However, the vast inland regions of China were left behind because of their geographic di

 上海乌托邦sadvantages, and lack of transportation and communications channels and platforms.

This situation has been changing in recent years, as the nation is shifting its attention t

o its inland regions, to open them up and integrate them into the world economy. 上海乌托邦女神会所

With the proposal of the Belt and Road Initiative, China’s international trade is entering an “inland age”.

Hankoubei’s Wuhan model shows how inland regions can open up 上海乌托邦

The local government of Wuhan is making efforts to build the Hankoubei area into the nation’s biggest domestic trade center.

 上海乌托邦女神会所The area is located between the largest railway station in Asia, the largest airport in Central China and the largest deep-water port in Central China.

In September 2016, the Hankoubei International Commodity Trade Center was listed as a national pilot market for fore

ign trade by on-the-scene purchasing, the only such market in Central and western China. 上海乌托邦女神会所

During the first Wuhan International Commodity Fair of Friendship City, taking place from Nov 14

-16, more than 100 overseas mayors, officials and entrepreneurs visited Hankoubei, where hun 上海乌托邦

dreds of kinds of goods from more than 20 countries and regions around the world were exhibited. More than 100 i

nternational buyers were attracted to the event, and about 40 agreements were reached.

 上海乌托邦女神会所Since its opening-up in 2009, the area has aimed to become a commodity distribution center

for not only Chinese inland regions but the outside world. The Hankoubei wholesale market has gener

ated an annual trade volume of more than 150 billion yuan ($22.9 billion) over the last three years.

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