The digital construction of China's commodity trading market is no longer a single fight. More than 100 key wholesale markets in China are working together. The major regional markets will realize seamless exchange and cooperation in business, technology and information. On the 28th, the 2020 Wuhan Digital Trade Conference and the 11th China Wuhan (Hankou North) Commodity Fair opened in Wuhan. On the same day, the 2020 China wholesale market annual meeting and the national commodity exchange market Digital Construction Summit Forum were held. At the annual meeting, the digital construction alliance of China commodity trading market was established.
Sun Siyong, general manager of Shandong Linyi mall group, Cao Tianbin, President of Hankou North group, and other guests had a deep exchange and Discussion on the digital transformation and upgrading of commodity trading market under the background of new technology revolution. "Promote the commercial use of consumer data safely and orderly and create a new entity of digital economy. During the period of the" 14th five year plan ", the transaction upgrading of commodity trading market and digital comprehensive solutions are the key to business model reconstruction." For the commodity trading market how to use digital leapfrog development, experts have launched a heated discussion. A participant believed that the transformation and upgrading of the traditional wholesale market requires the help of digital technology, a tool for building a service platform, forming digital solutions, cross-border integration, restructuring the value chain, and developing commodity trading markets. Moreover, digitalization is a means, not an end.
