Hubei-based Shipbuilding Company Sells Offshore Fishery to Norwegian Fish Farming Enterprise

A Chinese shipping firm on Saturday [3 June 2017] delivered the world’s first automated offshore fishery to Norwegian fish farming company SalMar ASA. Wuchang Shipbuilding Industry Group of the China Shipbuilding Industry Corporation delivered the vessel to SalMar ASA at its dock in Qingdao, East China’s Shandong Province, the Xinhua News Agency reported…Full Article: ECNS.cn

200 Grain-Producing Counties to Take Part in Pilot Agricultural Disaster Insurance Program

A total of 200 major grain-producing Chinese counties will pilot agricultural disaster insurance this year and next year to improve their ability to counter natural disasters, according to the Ministry of Finance…Full Article: ECNS.cn May 2017 Key Point According to the Ministry of Finance, the pilot agricultural disaster insurance program will primarily cover rice, wheat,

China’s Canola Industry under Duress from Cheaper Imports

The domestic rapeseed farming and processing industries have been pushed to the edge by imports, according to media reports, and experts said farmers’ welfare, especially their pensions, must be enhanced to improve productivity. According to a report published by the derivatives research center under Orient Futures on April 19, the domestic planting area of rapeseeds

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,