Core Viewpoint - The opening of the Nantong Jiming International Plastic City marks a significant development in the Hai'an commercial logistics park, transitioning from futures delivery to spot trading, and aims to become a leading plastic trading market in East China [3][4]. Group 1: Project Overview - The total investment for the Jiming International Plastic City is 2 billion yuan, covering a planned area of 194 acres, and has attracted over 100 quality trading companies [3]. - The project aims to create a one-stop platform integrating trading display, warehousing, and financial services, filling gaps in the regional industrial chain and promoting the development of downstream industries such as injection molding and molds [3][4]. Group 2: Strategic Importance - The plastic city is positioned as the first physical spot market for bulk production materials in Hai'an, which is expected to effectively reduce raw material costs for key local industries such as new materials and chemical fibers [3][4]. - Hai'an's commercial logistics park is recognized as Jiangsu's only provincial-level professional logistics park, focusing on building a national logistics hub and enhancing multi-modal transport and bonded logistics [3][4]. Group 3: Future Development Plans - The city government emphasizes the importance of platform operation, management, and service to meet comprehensive enterprise needs and to create a significant plastic industry cluster [4]. - Future initiatives include optimizing infrastructure for smart logistics and warehousing, and promoting the integration of futures and spot trading with manufacturing [4][6]. Group 4: Founder's Insights - The founder of the plastic city attributes its establishment in Hai'an to the region's advantageous transportation, excellent business environment, and innovative city spirit [6]. - The project aims to leverage technology to empower traditional industries and introduce advanced models such as smart logistics and circular economy [6].