China Launches 7 New Free Trades Zones Across the Country

Seven new free trade zones (FTZ) began operation across China on April 1, with the aim of further opening up the country and coordinating development between various regions. The new zones are in the provinces of Liaoning, Zhejiang, Henan, Hubei, Sichuan and Shaanxi, as well as in Chongqing municipality, with each area having its own

Walmart Plans to Add 15 New Stores in Hubei Province over the Next 3 Years

Multinational retailing corporation Wal-Mart Stores Inc announced plans to open 15 new stores in Central China’s Hubei Province in the next three years, providing 6,000 jobs, domestic news portal china.com reported on Thursday [30 March 2017]…Full Article: ECNS.cn Mar 2017 Key Point Walmart currently has 30 stores in Hubei Province. ChinaAg Comments In March 2017,

Hubei-based Agricultural Company to Establish Feed Mill and Develop Sweet Corn Cultivation in Nigera

A Chinese firm, Wuhan Longfecund Agricultural Development Company Ltd., is set to establish a feed mill and maize farm in Cross River State. Chairman of the Company Yongsheng Cao stated this during a visit to Governor Ben Ayade at the Government House in Calabar…Full Article: BizWatchNigeria Aug 2016 Key Point According to the Chairman of

Jilin Grain Group to Receives US$1.5 Billion from Hubei-based Investment Company to Expand its Business

State-owned Jilin Grain Group Co Ltd, the largest grain trader in northeastern China by sales revenue, will use 10 billion yuan ($1.5 billion) of new investment to add new types of businesses this year, including agricultural insurance, machinery manufacturing and pesticides…Full Article: China Daily Aug 2016 Key Point Founded in 2010 and headquartered in Wuhan,

Concerns Over the Sale of Drowned Hogs and Poultry After Flooding in China

Severe flooding across large parts of the country has raised fresh concerns about food safety. Since the rainy season began in early June, millions of domestic animals have been washed away in flooding, authorities said…Full Article: Xinhua July 2016 Key Point As a result of flooding from mid-June to early July 2016, Anhui Province lost

Wuhan Restaurant Owner and Staff Receive Prison Sentences for Selling Formaldehyde Soaked Beef

Three people have been sentenced to prison terms in central China for selling beef offal soaked in formaldehyde, local authorities said Saturday. A restaurant in Wuhan, capital of Hubei Province, was found to have used formaldehyde to soak about 2,000 kg of beef tripe and tendons worth about 100,000 yuan (15,000 U.S. dollars), according to