SZAP(SZ:000061) Nan Fang Nong Cun Bao·2025-11-05 15:12Core Viewpoint - The development of China's agricultural product wholesale market over the past 40 years has transformed it from a basic supply system to a crucial pillar for ensuring food security and promoting agricultural modernization, with future directions focusing on supply chain innovation, digital platforms, and international hubs [3][9][13]. Group 1: Historical Development - The agricultural product wholesale market in China has evolved through seven stages: spontaneous emergence (1978-1984), rapid development (1985-1990), overheated development (1991-1995), standardized development (1996-2001), functional enhancement (2002-2008), group development (2009-2015), and supply chain development (2016-present) [20][21]. - The establishment of the Shouguang vegetable wholesale market in 1984 marked a pivotal moment, transitioning from a planned economy to a market-oriented system, addressing severe supply shortages in urban areas [22][24]. - By 2024, the Beijing Xinfadi market is projected to handle a total transaction volume of 15.8 million tons and a transaction value of 130.6 billion yuan [2][3]. Group 2: Current Market Structure - As of now, there are 1,249 agricultural product wholesale markets in China with a transaction scale exceeding 100 million yuan, forming a vast distribution network connecting agricultural production with urban consumption [10][11]. - The agricultural product circulation market size increased from 10.46 trillion yuan in 2014 to 15.73 trillion yuan in 2021, with a compound annual growth rate of 6%, where wholesale markets and agricultural logistics account for nearly 70% of the total [56]. Group 3: Future Directions - The future development of the wholesale market will focus on becoming a supply chain incubation center, a digital platform, and an international distribution hub, requiring collaboration among government, market, and industry associations [13][15]. - The digital transformation is seen as a core competitive advantage, enhancing transaction methods and overall supply chain management efficiency [100]. - The vision is for China's wholesale markets to become significant players in international agricultural product trade, enhancing China's influence in global markets [109][111].