Huangpu Town will sign agreement with Huicong Network (www.hc360.com) on “3.28” Economic Fair to build a small appliance city at Huangpu. The total investment is 150 million yuan and will be completed by the end of 2011. The next China Small Appliance Fair will be held at the city.

China Small Appliance Fair is initiated jointly by Huangpu Town and Huicong Network. The fair now has great influence and has been held for 4 times continuously. The total turnover of the last 4 fairs reached 1.4 billion yuan and the fifth one, which opened on 4th March, hit a new record of dealer numbers.

Huicong Network plans to build a new 6-floor trading building which covers 13.3 thousand square meters behind Huangpu International Fair Center. The new trading center will also become the R&D center and the talents nurturing center of small appliance.