What is the meaning of agricultural wholesale

China Supply and Marketing Wholesale Agricultural Products Market Holding Co., Ltd (CSPM) was established on the basis of the existing enterprises at the level of All-China Federation of Supply and Marketing Cooperatives (AFMC), which is a wholly-owned enterprise established by AFMC to effectively serve the "Three Rural Areas", revitalize the circulation of agricultural products and adapt to the construction of the new socialist countryside. It is a wholly-owned enterprise established by the All-China Federation of Supply and Marketing Cooperatives to effectively serve the "three rural areas", activate the circulation of agricultural products and adapt to the construction of the new socialist countryside. It has several major business segments, including wholesale market construction and operation, agricultural production and processing, import and export trade, e-commerce, and investment and financing. The establishment of China Supply and Marketing Agricultural Products Wholesale Market Holding Co., Ltd. is of great strategic significance to deepen the new system and order of modern circulation of agricultural products, to become the main channel for the circulation of agricultural products, to become a powerful hand of the government to regulate prices, to become an important platform for serving the three rural areas, and to become the leader of the supply and marketing system.

First of all, I would like to share with you a concept, which is called the industrial cycle, in fact, any industry has its own development cycle. There is a statistic in economics that a short cycle is about 8 years, a medium cycle is about 30 years, and a long cycle is about 80 years. And the Chinese tradition also has the saying of a year, reflecting the concept of a long cycle.

How many years has the agricultural wholesale industry been developing? In fact, China's agricultural wholesale from the 80's, the 90's formal establishment of the business, the entire agricultural wholesale industry almost exactly experienced 30 years of such a medium cycle, is to 60 years to 90 years of such a long cycle to transform.

What does this mid-cycle mean? Let me tell you with a few figures, in the past ten years, the total number of agricultural wholesale in China has grown from about 200 to more than 4600 now. China has more than 2,800 county-level cities, that is to say, each county-level city can be amortized to 1.3 or 1.4 agricultural wholesale market.