In Chongqing Jiangjin Shuang Fu new area, the panbao steel trading market is officially opened. The whole market investment is 1 billion 500 million yuan to build, which can accommodate more than 1600 enterprises or businesses. It is expected that the trade volume of the market is up to hundreds of billions of yuan. Nearly 500 Chongqing contracted businesses have been invested in Panzhihua Steel Group by panhua group. The total market planning land is 500 thousand square meters, with a total construction area of 380 thousand square meters, which can accommodate more than 1600 enterprises or merchants to enter. Reporters learned that today's operation is the first phase of Chongqing panbao steel market, which is mainly located in wholesale and retail, online and offline, physical and virtual, steel categories, a full range of trading centers. At present, nearly 500 merchants have been signed and nearly 400 merchants have entered.     The two phase of the project will build a cutting and distribution center, which will be completed in June this year, and the three e - commerce center will be built this year. It is reported that after the 123 phase of construction is completed, it will reach 4 million tons of annual storage goods, 1 million 800 thousand tons of processed goods, 3 million tons of spot trading, and 100 billion yuan of e-commerce transactions. The tax revenue will reach 200 million yuan, and more than 20000 people will be employed. The market of Pan Bao Steel, such as radiation, Yunnan, Guizhou, Sichuan, Tibet and other provinces, is located in Jiangjin double blessing Industrial Park. It belongs to the core area of new town in Western Chongqing, and is incorporated into Chongqing's "half hour economic circle". The south of Jiujiang Avenue, north of Chongqing city highway and Tianjin Road Road Vicenza, traffic obvious advantages. Today, around the pan Bao steel market, has gathered a double blessing area, West Wing Micro Electric Industrial Park, Bishan Industrial Park, Kowloon Industrial Park Industrial Park, industrial park, SWA SUZUKI 1 million car park a large number of the whole project, the formation of a strong logistics and industrial cluster. "Establishing a large-scale steel trading market in Chongqing, linking the steel production in the East with the demand in the west, it is a general trend for the steel industry to go eastward and go west". Li Xinghua, chairman of panhua group, said. In addition to meeting the demand for steel trade in Chongqing, the panzhibao steel market will also radiate cloud, Guizhou, Sichuan, Tibet, Ningxia and Xinjiang provinces and other provinces.