There is a saying in the pepper industry: China determines the world pepper industry, and Jiaozhou determines China.
As the world’s largest pepper exporter, China accounts for 40-50% of the world pepper market. Jiaozhou and neighboring areas account for about 70% domestic market with about CNY 12 billion transaction sum.
Jiaozhou was confirmed by the Shandong province in 1978 as the exported pepper production base. In 1986, 40 acres Yujiacun pepper trade market was established. After 30 years, local pepper industry constantly grew as pepper market expanded steadily. Now Jiaozhou has become a new type professional processing base that is Based in Qingdao, Boosting Shandong, Influencing China and Facing to the World. Currently Jiaozhou has over 360 pepper processing companies. 72 of them have export authority. 25 of them have over CNY 100 million sales sum, 6 of them are leading companies in the province. Over 4,000 people joined the industry. Pepper export of Jiaozhou accounts for over 80% of all China. Jiaozhou has thus become a world famous pepper export processing distribution area. (Lu Bo)