The Times Australia
Google AI
News From Asia

.

Linyi Trade City ready to expand reach across world

LINYI, CHINA - Media OutReach Newswire - 2 July 2025 - From small roadside stalls to China's largest professional market cluster, Linyi Trade City in Shandong province, has achieved leapfrog growth during the past four decades and is poised to extend its reach across the globe.



Currently, there are 136 professional wholesale markets and 63,700 shops in the trade center, as well as more than 6 million kinds of products from 27 categories. Its trading value reached 660.48 billion yuan ($91.94 billion) in 2024 and the logistics volume amounted to nearly 1.01 trillion yuan.

To accelerate the trade center's transformation and upgrading, Linyi city authorities have introduced a package of policies and incentives, encouraging local enterprises to grow their foreign trade business and establish a presence in international markets.

The trade city has also built 59 overseas malls and warehouses so far, as well as 45 international procurement service centers and offices, as part of its efforts to raise visibility globally and develop its international trade network.

Launched in 2023 in Yongin, the Lanhua (South Korea) Overseas Mall displays a wide range of domestic products such as household goods, pet supplies, outdoor and camping equipment, and hardware tools.

While expanding abroad, the trade city has been committed to attracting global buyers and investors. During the first four months of 2025, it received 13,233 overseas business visitors, generating intent transactions of 906 million yuan.

Strong logistics infrastructure is essential to foreign trade and urban growth.

Linyi has built a multidimensional international logistics system integrating road, rail, air, and sea freight, linking itself with nine regions such as Europe, the Middle East, Africa and Southeast Asia.

Currently, the city is home to 51 international road freight companies and operates nine direct international routes to 10 countries.

"Although Linyi is an inland city, we have established a maritime container depot in collaboration with Qingdao Port and Rizhao Port. Through resource integration and procedure optimization, we have helped enterprises cut logistics costs by 30 percent," said Hua Qianli, manager of Linyi Port.

Last year, the port handled 198,000 twenty-foot equivalent units of cargo, valued at 19.2 billion yuan.

Meanwhile, the city recorded 452 China-Europe Railway freight train trips to 40 cities in 12 countries, along with 480 direct flights to Seoul, transporting 2,067 metric tons of air cargo.

Hashtag: #Linyi

The issuer is solely responsible for the content of this announcement.

Times Magazine

AI is failing ‘Humanity’s Last Exam’. So what does that mean for machine intelligence?

How do you translate ancient Palmyrene script from a Roman tombstone? How many paired tendons ...

Does Cloud Accounting Provide Adequate Security for Australian Businesses?

Today, many Australian businesses rely on cloud accounting platforms to manage their finances. Bec...

Freak Weather Spikes ‘Allergic Disease’ and Eczema As Temperatures Dip

“Allergic disease” and eczema cases are spiking due to the current freak weather as the Bureau o...

IPECS Phone System in 2026: The Future of Smart Business Communication

By 2026, business communication is no longer just about making and receiving calls. It’s about speed...

With Nvidia’s second-best AI chips headed for China, the US shifts priorities from security to trade

This week, US President Donald Trump approved previously banned exports[1] of Nvidia’s powerful ...

Navman MiVue™ True 4K PRO Surround honest review

If you drive a car, you should have a dashcam. Need convincing? All I ask that you do is search fo...

The Times Features

Do You Need a Building & Pest Inspection for New Homes in Melbourne?

Many buyers assume that a brand-new home does not need an inspection. After all, everything is new...

A Step-by-Step Guide to Planning Your Office Move in Perth

Planning an office relocation can be a complex task, especially when business operations need to con...

What’s behind the surge in the price of gold and silver?

Gold and silver don’t usually move like meme stocks. They grind. They trend. They react to inflati...

State of Play: Nationals vs Liberals

The State of Play with the National Party and How Things Stand with the Liberal Party Australia’s...

SMEs face growing payroll challenges one year in on wage theft reforms

A year after wage theft reforms came into effect, Australian SMEs are confronting a new reality. P...

Evil Ray declares war on the sun

Australians love the sun. The sun doesn't love them back. Melanoma takes over 1,300 Australian liv...

Resolutions for Renovations? What to do before renovating in 2026

Rolling into the New Year means many Aussies have fresh plans for their homes with renovat...

Designing an Eco Conscious Kitchen That Lasts

Sustainable kitchens are no longer a passing trend in Australia. They reflect a growing shift towa...

Why Sydney Entrepreneur Aleesha Naxakis is Trading the Boardroom for a Purpose-Driven Crown

Roselands local Aleesha Naxakis is on a mission to prove that life is a gift...