ACC Secretary-General Visited East Asia Livestock Exchange

On 14 February 2017, H.E. Mme. Yang Xiuping, Secretary-General of ASEAN-China Centre(ACC), visited East Asia Livestock Exchange in Weifang city, Shandong province, learned about the company’s operating environment and relevant requirements, and interacted with relevant principals. Mr. Liu Weidi, Deputy Director of Weifang Foreign and Overseas Chinese Affairs Office, and Mr. Ma Jun, Director of Asia Division of Shandong Foreign Affairs Office, accompanied the visit.

Mr. Lin Huiping, CEO of East Asia Livestock Exchange briefed that under the vigorous support of all parties, East Asia Livestock Exchange has been well run since its establishment on 28 December 2016, and has signed the contracts with 485 enterprises, which more than 30 enterprises from ASEAN countries, namely, Cambodia, Indonesia, Malaysia, Myanmar, Thailand and Singapore. On the basis of combining the storage, inspection, financing and several resources together, East Asia Livestock Exchange has been committed to establishing an important channel and trading platform of livestock cooperation in East Asia and simplifies transaction courses so as to increase the efficiency of commodity circulation and capital turnover. Mr. Lin expressed his willingness to have ACC’s support and hope ACC could introduce this trading platform to more ASEAN countries.

Secretary-General Yang made positive comments on the role of East Asia Livestock Exchange in promoting practical cooperation in the field of economy and trade between ASEAN countries and China. She noted that the formal operation of East Asia Livestock Exchange have promoted the circulation of livestock products with good quality throughout the regions. ASEAN countries have a vast market space with great potential. ACC would continue playing its role as a bridge to enhance cooperation between the two sides.