Lujiazui Advances Development of International Commodity Trade Ecosystem Hub

Deep News05-22

As 2026 marks the beginning of the 15th Five-Year Plan period, the Lujiazui area is focusing on establishing an "International Commodity Trade Ecosystem Agglomeration Zone" in line with the "Pudong New Area Commodity Trade Transformation and Upgrading Three-Year Action Plan."

Recent discussions at an industry innovation conference highlighted Lujiazui's key initiatives to attract and nurture globally competitive trading entities and global supply chain management centers with worldwide service capabilities. The efforts are centered on two main areas.

First, enhancing the industrial ecosystem by encouraging leading enterprises to drive its development. For instance, Trafigura has established a non-ferrous metals trading network, connecting upstream and downstream service ecosystems. Its invested subsidiary, Zongjinhui (Shanghai) Information Technology Co., Ltd., registered on January 19, 2024, provides supply chain services for small and medium-sized traders and end-users in the non-ferrous metals sector.

Second, building government-enterprise collaboration platforms to improve comprehensive service capabilities. The Lujiazui Administration has entered into a strategic partnership with Shanghai Nonferrous Metals Net (SMM), a globally recognized integrated service portal for the non-ferrous metals industry, to foster such cooperation.

Furthermore, specialized institutions are being empowered to enhance industry research and support regional professional development. Collaborations with institutions like China Export & Credit Insurance Corporation (Sinosure), the Export-Import Bank of China, and other professional bodies leverage their respective strengths in policy-based finance and insurance for foreign trade, cross-border investment, and international cooperation. This integrated approach aims to provide enterprises with professional, synergistic services.

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