On May 7, China Gems & Jade Exchange (CGE) and Shanghai Waigaoqiao Free Trade Zone Group Co., Ltd. signed a strategic cooperation agreement. The two parties will focus on the gems & jade industry to expand business cooperation opportunities in key areas including Waigaoqiao Bonded Zone, Waigaoqiao Port Comprehensive Bonded Zone, Pudong Airport Comprehensive Bonded Zone, and Shanghai Oriental Hub International Business Cooperation Zone. In the future, they will carry out close strategic cooperation in industrial space services, supply chain management services, "Silk Road E-commerce" services, bonded warehousing services for gems & jade artworks, international logistics channel services for gems & jade artworks, foreign-related talent support, and joint construction of industrial ecosystems.

Image source: China Gems & Jade Exchange (CGE)

The signing ceremony was witnessed by Li Lei, Deputy Director of Shanghai Diamond & Gems Exchange Joint Management Office, Yu Yong, Chairman of Shanghai Waigaoqiao Free Trade Zone Group Co., Ltd., and Huang Yunfang, Chairwoman of China Gems & Jade Exchange. The agreement was signed by Shao Yuping, General Manager of Shanghai Waigaoqiao Free Trade Zone Group Co., Ltd., and Chen Yu, Executive President of China Gems & Jade Exchange.