China-Africa TEDA Visits Northern International to Consolidate the Foundation for Future Cooperation

China-Africa TEDA Visits Northern International to Consolidate the Foundation for Future Cooperation
On August 10, Liu Aimin, chairman of China Africa TEDA Investment Co., Ltd. (hereinafter referred to as "China Africa TEDA"), led a team to visit North International Group Co., Ltd. (hereinafter referred to as "North International"), and held talks with Xu Lei, chairman of North International, Gao Ming, deputy general manager Yang Wenhao, and Sun Bin, general manager of Tianjin Machinery Import and Export Co., Ltd., and Tan Xiaoxue, deputy general manager of Tianjin Food Import Co., etc.

At the symposium, Wei Jianqing, deputy general manager of China-Africa TEDA, first introduced the historical evolution, development status and investment promotion progress of the China-Egypt TEDA Suez Economic and Trade Cooperation Zone, and discussed the international second-hand automobile and spare parts distribution center and cross-border commodity distribution The distribution center, bonded logistics commercial land and related investment policies are highlighted.

Later, General Manager Sun Bin and Deputy General Manager Hu Xiaoxue respectively introduced the basic situation and business needs of Tianjin Machinery Import and Export Company and Tianjin Food Import and Export Company. They both expressed their optimism about the Egyptian market and the TEDA cooperation zone platform and believed that the cooperation could be expected.

Chairman Xu Lei pointed out that North International is mainly engaged in traditional trade. In the later period, it can rely on the group's professional foreign trade team and mature supply chain to connect resources and cooperate with TEDA Cooperation Zone.

Chairman Liu Aimin pointed out that the development prospects of the Suez Canal Economic Zone, the strategic planning of the TEDA platform and the situation of the park projects hosted by the TEDA overseas model fully demonstrate that the TEDA Cooperation Zone can form a good resource integration with many trading companies, including Northern International, realize the linkage of points, lines and areas, thus creating a global network and promoting more and better Tianjin products to go overseas.

During the meeting, the two sides reached a preliminary cooperation intention and agreed to connect the northern international and domestic resources with the platform qualification of the TEDA Cooperation Zone to jointly expand the Egyptian market.

Stretch, stretch, read, read

Founded in 1998, North International is a large foreign trade enterprise group supported and authorized by the Tianjin Municipal Government to operate state-owned assets. North International is formed by the merger of foreign trade food, foreign trade machinery, foreign trade textile and other professional companies. It has 8 directly affiliated enterprises and more than 170 enterprises of various types with joint and several assets, including more than 20 overseas enterprises and offices. At present, the key business of North International is divided into five major sectors: food, grain and oil import and export, machinery and equipment import and export, medical and health products and equipment import and export, comprehensive trade and investment, and e-commerce.

Tianjin Machinery Import and Export Corporation was established in 1956. Its main business involves international project contracting, import and export of mechanical and electrical products, and domestic and overseas industrial investment. Its business scope includes the import and export of small complete sets of equipment, mechanical and electrical products, hardware and agricultural tools, and undertakes light industry and textiles., Papermaking, municipal, building materials, shipbuilding, electric power, environmental protection and other overseas engineering projects, national foreign aid projects and the introduction of foreign advanced technology and equipment, imports of bulk raw materials and domestic municipal construction. Its overseas subsidiaries and offices have reached 13 (with branches in Uganda), and its sales network covers Asia, Africa, North America, South America, Europe and other places. It has established trade relations with more than 110 countries and regions, with an annual export value of US $1500-20 million.

Tianjin Food Import and Export Company was established in 1953. Its predecessor was China Grain and Oil Import and Export Tianjin Branch. At present, it has four business sectors: industrial food, wine, comprehensive food and quick-frozen food. The sales market mainly involves Asia-Pacific, North America, Europe and Africa. At the same time, it also carries out domestic trade business, with an annual turnover of about 0.6 billion yuan.