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Largest 'bull market' in C China relocates

Updated: 2015-08-11

 

A live cattle market opened in an agricultural logistics center in Ningxiang county, Changsha, on Aug 10.

 

The market, launched in 2008, was originally located in the city’s Furong district. Its annual turnover could reach 3 billion yuan ($476 million), with customers from Guangdong, Fujian, Anhui, Hubei and Jiangxi provinces, said Ye Feng, a principal of the logistics center in Ningxiang Economic Development Zone.

 

But with Changsha’s urban upgrading, the largest cattle market in Central China was facing the possibility of closing.

 

“We decided to offer this new home to the cattle market,” said Ye. According to Ye, the agricultural logistics center in Ningxiang will be built into a grand market cluster integrating farm produce logistics, sightseeing and leisure travel.

 

 

The cattle market opens in Ningxiang county, Changsha, on Aug 10. [Photo by Wang Zhiwei/Changsha Evening News]

 

With a planned area of 10,000 mu (666.67 hectares), the cluster will cover 10 specialized markets, a deep-processing base for agriculture produce, and a modern agricultural demonstration area. The annual turnover, when fully opened, is expected to reach 120 billion yuan, voc.com.cn reported.

 

At present, the 1,200 mu first phase of the project is under construction, for a “safe, healthy, and modern” distribution center.