Cao Tianbin, president of Hankoubei Group, stated that the exchange's next phase involves leveraging the advantages of the largest commercial and logistics platform in central and western China and over 30 large-scale specialized market resources.

He said the exchange would expand the direct supply channels for chili peppers from upstream regions such as Havana and Mexico while also developing the midstream and downstream industries, including primary chili pepper processing, deep processing, food processing and culinary creativity.