On August 19, the launching ceremony of Beijing Branch of Kunming Flower Auction Center (KIFA), the Beijing Flower Exchange Center, was held in Caoqiao, Fengtai District. It was the first flower auction center in Beijing and the first flower auction center in China. This center is jointly built by Beijing Huaxiang Huamu Group Co., Ltd. and KIFA, sharing KIFA's flower trading services, supply chain services, etc. At the same time, flowers from Beijing Tianjin Hebei and surrounding provinces and cities can be supplied nationwide through auction transactions at this center. Customers can purchase fresh flowers from both KIFA and Beijing sub centers simultaneously, reducing logistics costs and transportation time.