Hualing Commerce, Industry & Trade (Group) co. Ltd is a private enterprise group that established in 1988. Its core business is commerce and trades, including import & export and animal husbandry development. It has over 30 odd subsidiaries and offshoots with a total asset valued at 4.6Billion RMB and a fully employed workforce .of 5500 in the year 2006.
Urumqi Hualing Trade and Commercial market occupied 100 acres of land. There are a variety of service departments which include industry and commercial office, tax authority, post office, bank, inspection and quarantine office, transportation, communication and information net-working, international second-class port, public security, fire protection and so on. About 12,000 suppliers are engaged in selling products directly including building materials, furniture, electrical appliance, general merchandise, etc. The consumer consumption flow is well over 100,000 people per day and the vehicle flow is over 10,000. New Hualing International Trade & Commercial Square covering more than 600,000 square meters and is now in operation. The two main buildings – Hualing International Trade & Commercial Square and the Hualing Trade Center covering more than 210,000 square meters, are within walking distances of each other. It had gained a reputation for its services and the availability of all sorts of goods and wares under one roof.
Hualing Group has already successfully held some conventions and expositions like the China Western XinJiang Hualing International Construction Material Fair, which entered its ninth times since 1998, the total turnover added up to RMB 26.375 billion, the foreign trade of which adds up to RMB 4.544 billion. Statistic data from the National Custom Excise show that construction materials exported to Central, West Asia valued at $45 million since Hualing second-class port commenced operation from November 1998. Hualing market is becoming a very important commodity export channel to the west & middle Asia. In 2006, Hualing market to be selected by the minister of commercial as the state level key market to keep track.
Beside the above, in the year 2000, Hualing market of Southern Xinjiang in Korler was built with an investment RMB 400 million and the main building cover 120,000 square meters. Up to now there are more than 2,500 shops that exist..
From 1998, Hualing group performed a way of “venture business with government supporting”, to successfully hold The Western China (Xinjiang, Hualing) International Construction and Decoration Materials Fair for the past eighth sessions and trade volume reached over 35billane yuan . According the statistics by the customer, from Hualing secondary port allowed to operate in November of 1998, by the end of 2006, foreign trade volume hit USD.700million.
For fostering new benefits, Hualing group has invested the animal husbandry project that going on smoothly. The project is planed to butcher 300 thousand cows and 3 million sheep per year; it will be operated in 2007. This project company to be decided by Autonomous’ Regional government as a key project for developing modern animal husbandry industry in the region Hualing group established “Huling Animal Products Whole Selling Market”, to be decided as the state key market by the minister of agriculture in the 20006 year.
Hualing group was bestowed with much recognition since 2000. One of which is the Top Ten Excellent Enterprises in North-west of China awarded by the National Policy Academy, Honesty Business Co. by the National Consumer Association, Advanced Enterprise by the National Industry and Commerce Chamber, Advanced Enterprises in Social Security by the National Social Security Department. And it was also given the title of the Advanced Enterprises by XinJiang Uygur Autonomous Regional Government. In the year 2005, Chairman Mi has been bestowed by the State Committee of Development & reform the title of Outstanding Entrepreneur and a renowned and outstanding charitable person, also a State Model Labor. In the end of 2006, the brand of “Hualing” to be award as one of the ten most famous brands, and the group’s CEO Mi Enhua to be awarded one of the ten business person in the region.
Positive social affects. The market developed soon and the tax revenue increasing. With the Xinjiang Hualing Group’s development it has invariably increased the markets of Urumqi but more importantly it has attracted the market share with more inland proprietors investing in Xinjiang, The variety of commodities hence has increased the need of the people’s requirements of different kinds. At the same time the market has thus increased the tax revenue as well. From 2000, the total tax revenue paid by Hualing Group and its markets are over100 million Yuan each year. The Group’s development promotes the commodities circulation and the exchange of human resources, information, technology between different provinces and Xinjiang. In the past, 80% goods need to be transported from other provinces to Hualing Market. But now, more and more manufactures are setting up workshops at the Hualing shopping and commercial centers for producing or processing by using local materials. Statistic indicates that all kinds of manufactures added up to 2000 of such companies. Such conditions also lead to the rapid growth of the enterprise, some large enterprise like Yixing Furniture, Aonai Furniture, Huada Aluminum Factory, Jianglong Stainless Products and so on. Hualing Market’s development not only has driven up the development of the manufacture line, real estate, service trade, storage, and tourism, but it has also promoted the development of local economy.
The press of unemployment and re-employment alleviated for the locals. There are over 30,000 people working in Hauling market, and another about 10,000 employed in the related service industry. 80% of them are local people, and 10,000 of them are laid off workers being re-employed. It is because of the Hualing Group’s development that offers these people such good opportunities to take up occupations, which effectively relieve the pressure of un-employment in the urban areas.
Development of the Exposition sector promoted the Autonomous Region’s Opening
Since 1998, Hualing Group had successfully held the China. Western (Xinjiang. Hualing) International Construction Material Fair for the eighth times. Approximately 2000 enterprises from different provinces and countries such as Kazakhstan, Kyrgizsitan, United States, German, Korea, Canada, Turkey, attend the exposition, which depicted 10,000 kinds of materials, 80% of them are famous brand, new products and environmental protected materials. At the same time, Hualing Group successively held Xinjiang Hualing Real Estate Fair by taking good use of its advantages and the experiences. The total apartments sold at the Fair totaled 36,140 units, the construction area of which reached a total of 3.03 million square meters. The total value reached 5.947 billion Yuan, with a total of 0.73 million attendance. The Fair economy not only contributed to the important part of developing the market, but also has positive effects in Autonomous Region’s policy of opening to outside.