Chinol International Trade City held the opening ceremony

On July 18th, a grand opening ceremony was held at the location on Zhucheng Renmin Road, just east of the Chinol International Trade City. The event was marked by vibrant celebrations, with numerous attendees gathering to witness this significant milestone. Prominent figures such as the Deputy Secretary of the Municipal Party Committee and Mayor of Zhucheng, Chen Ruxiao, alongside Wang Jinling, President of the groom's Sinuor Group, were present. During the ceremony, both leaders symbolically directed their attention towards a lion sculpture, representing vitality and prosperity. Chinol International Trade City stands as one of the key projects prioritized by the municipal government in 2009. Its development has not only infused fresh energy into Zhucheng’s service sector but also bolstered urban construction efforts. This initiative is expected to elevate the city's status, refine its urban functionalities, and invigorate regional economic growth. Furthermore, it aims to expedite the urbanization process in eastern Zhucheng and contribute significantly to the city's balanced and rapid economic progress. The trade city represents an ambitious investment totaling 1.6 billion yuan, spanning a construction area of 500,000 square meters. The project is being developed in two phases, with the initial phase having commenced in March this year and currently achieving 70% of its overall progress. Positioned as the central commercial hub for Zhucheng's eastern industrial cluster, the Trade City will feature complementary logistics, hotels, supermarkets, and gourmet offerings. Its operational models include branded franchise stores, product markets, direct sales centers for manufacturing enterprises, comprehensive agricultural and sideline product wholesale markets, warehousing facilities, expansive parking lots, and a food street, among others. Upon completion, the Trade City is projected to generate annual tax revenues of 300 million yuan while creating job opportunities for over 30,000 individuals. Once fully operational, it will transform into a unique business district within the city, enhancing its standing and improving urban functions. Additionally, it will play a pivotal role in accelerating regional development in southeastern Shandong Province and propelling the urbanization of eastern Zhucheng, making substantial contributions to the city's economic growth and overall development.

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