Recently, reporters from

Qinghe Cashmere (International) Trading Center (CITC) is located in Qinghe cashmere products market in China. Its main function is to organize pactions, find prices, avoid risks and pmit information. It provides paction settlement, financing, physical delivery, quality inspection, storage, pportation, information and consulting services for cashmere traders.

The center has set up the world's first electronic trading platform for cashmere, which adopts modern electronic paction mode and links organically with the bank settlement system and the warehouse management system through the electronic trading system. It constitutes a complete online paction, settlement and settlement service system. It can provide efficient, safe and convenient services for the trading parties, such as cashmere raw materials and products, such as electronic paction settlement and goods delivery, etc. it has the characteristics of perfect function, security and stability, simple operation, and rich professional information. It not only makes the marginal cost of the paction close to zero, but also gives each trader equal access to information and paction opportunities.

Dealers conduct remote electronic pactions through the network. They can understand the central information directly, quickly and accurately, avoid the risks caused by overproduction or poor information, and ensure that the market is highly pparent and fair.

According to Tian Ruojiang, director of Qinghe Cashmere (International) Trading Center, through the establishment of the cashmere electronic trading market, gradually forming a global cashmere trading center will help maintain a unified market trading order, reduce paction costs in the market, and help Chinese cashmere enterprises gradually accumulate funds to cultivate their own international brands.

CITC insists on the principle of combination of immediate and forward trading, so as to create cashmere international trading center as the direction of development, and make CITC become the pricing center, quality center and trading center of cashmere in China, enhance the international discourse power of Chinese cashmere prices, cultivate the cashmere price index center of China and the world, and promote the sustained and stable development of cashmere industry in China and the world.