On January 15th, Mr. Thomas Reichenbach, the Deputy General Manager of the Global SME Federation, awarded the plaque of the “Global Fur Trading Base” award to China Chongfu Fur World. It is understood that this is the world's first "global fur trading base."

It is reported that the Global SME Alliance is a non-profit international organization headquartered in the United States and approved by the U.S. government. It is the largest SME alliance in the global SME community. The main work of the alliance is to hold regular "Global SME Cooperation Conference", help global SMEs solve international trade disputes, and select "Global SMEs of the Year".

Chongfu Town, Tongxiang City As a well-known fur town in China, there are more than 1,500 companies involved in the fur industry. The products involve raw hides, finished products and fine products. According to reports, more than 40% of fur garments are made by Chongfu companies in shopping malls, professional clothing stores and wholesale markets across the country. Chongfu fur accounts for 22% of the world's fur market. While relying on the industrial foundation, China Sovereign Fur World has grown to become China's largest professional fur garment market. According to statistics, in 2010, the turnover of the China Chongfu Fur World exceeded RMB 5 billion and received more than 200,000 business trips.

“The establishment of the 'Global Fur Trading Base' in Chongfu not only improved the influence of Chongfu's fur industry in the world, but also allowed the people of the world to understand the production conditions, fur characteristics and industry status of the Chongfu fur industry, and at the same time, promote and develop the world fur industry. It will have a positive effect," said Luo Yongliang, party member of Chongfu Town.