Epec makes waves in industrial products trade

Global.epec.com, an international online marketplace for industrial and energy products, has reached an accumulated transaction amount of $13.5 billion in the past two years since its launch in 2017, and has served as a bridge that connects trade in industrial products produced in countries and regions participating in the Belt and Road Initiative.

Some 125 suppliers and 141 purchasers from the 34 countries and regions participating in the Belt and Road Initiative have registered on the platform as of March 10, since it was first launched by China Petroleum and Chemical Corp, also known as Sinopec, two years ago.

The accumulated industrial products import and export trade among enterprises with businesses involved along the route has reached $3.74 billion, accounting for 27.7 percent of the platform's total volume, it said.