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CHINA – Yunnan sets up national coffee trading center

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KUNMING – Southwest China’s Yunnan Province on Wednesday announced construction of a national coffee center in Pu’er City, reports the People’s Daily English edition.

The project, in the hands of Pu’er local government and Yunnan Jinyuan Flower Industry Co., Ltd., will create a trading platform to reduce the impact of global price fluctuations, said Yang Weidong, vice mayor of Pu’er.

A cooperation between a Pu’er trader, a warehouse in the provincial capital of Kunming and three freight centers in primary coffee areas, the center will provide technological and financial services for everyone involved in the industry.

Source: http://english.peopledaily.com.cn/business/n/2014/0710/c90778-8753439.html

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