Core Insights - The "2025 China Chingmai International Economic and Trade Fair" successfully hosted the "Chingmai Fragrance World" international agarwood industry promotion event, achieving nine international cooperation agreements, unveiling three major industrial platforms, and launching the first national agarwood price index [1] Group 1: Industry Development - The establishment of three platforms: Hainan Health Management Vocational College Agarwood Industry College, "China Agarwood Town" Industry Alliance, and Hainan International Agarwood Industry Research Institute, aims to create an integrated ecosystem of production, education, research, and application [1] - The first national agarwood cultural and creative design competition showcased results, making agarwood culture more tangible and shareable [1] - The "Agarwood Going Global Service System" in Chengmai County has shown initial success, with a design plan by designer Fang Jingfeng from the Forbidden City confirmed for implementation [1] Group 2: Economic Impact - The event is expected to create 2,000 new jobs through agreements signed between various towns and Hainan Fuyin Agarwood Group [1] - The "China Agarwood Price Index Operation Report" was released, providing authoritative data support for industry development by monitoring market prices of three core categories: incense sticks, bracelets, and essential oils [1] - The global first agarwood international trading center in Chengmai has made substantial progress in its construction, with top-level design completed [2] Group 3: Market Potential - The national first digital trading platform for agarwood, developed by Zhejiang Oracle Company, will connect with Southeast Asian markets through the Hainan International Commodity Trading Center, aiming for an annual transaction volume exceeding 1 billion yuan [2]