SHANGQIU, China, Oct. 23, 2023/PRNewswire/ — On October 23, 2023, the ninth day of the ninth month of the Chinese lunar year, the grand worship ceremony was held in Shangqiu City, Henan Province, China . About 500 representatives of domestic and foreign Chinese merchants gathered to worship Wang Hai, the ancestor of Chinese merchants, and promote the spirit of Chinese merchants, which is characterized by upholding virtue and benevolence, emphasizing business ethics, honesty and reliability, and seek innovation and change, and express the determination of unity and collaboration for the future, according to the Organizing Committee of the 9th China Shangqiu International Chinese Merchants Festival.

The foundations for this meeting were laid 4,000 years ago. At that time, there was a tribe called “Shang” that was active in this area. The seventh leader of the tribe, Wang Hai, was skilled in trade and the tribe gradually prospered and became stronger. After several generations of accumulation, the Shang tribe established the second dynasty in Chinese history, the Shang Dynasty. Wang Hai’s deeds were engraved on oracle bones and passed down to later generations. Chinese people believe that Wang Hai was a pioneer in trade, so he is revered as the “ancestor of merchants.” Many Chinese characters related to commercial activities are also named with the Chinese character “shang”, such as trade (shangye), commodities (shangpin), and merchant (shangren). Therefore, Shangqiu is considered the birthplace of the ancestor of merchants, the Shang tribe, the Shang dynasty, merchants, goods, trade and mercantile culture, which attracts many Chinese to celebrate festivals and pay homage. here. This year marks the ninth edition.

Today, Shangqiu has developed transportation and is one of the few cities in China that serves as a comprehensive transportation hub for conventional and high-speed railways, as well as a node city in the “Eight Verticals” high-speed railway network. and eight horizontals”. Shangqiu currently has three hundred billion industrial clusters in equipment manufacturing, textiles and clothing, and food production, as well as eleven ten billion industrial clusters in refrigeration, measuring tools, and superhard materials. The city is vigorously developing emerging industries such as new energy vehicles, new materials, electronic information and biomedicine, and is also planning multiple future industries, including life and health, new carbon-based materials, hydrogen energy and storage, and inspired intelligence in the brain. and metaverse. Shangqiu is committed to creating a first-class business environment, building a gateway and hub for opening up to the outside world, and building a major hub for international land ports and the Belt and Road Initiative. The city continues to maintain and promote the tradition of respecting, valuing and supporting businesses.

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Caption: Global Chinese merchants worship their ancestor in Shangqiu, China.

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