Leading Chinese fresh fruit online seller Fruitday.com completed a new round of financing led by ClearVue Partners to expand its business, the private equity firm said on Wednesday [26 March 2014]. The total financing amount this round was tens of millions of dollars, according to the statement…Full Article: China Daily Mar 2014

Key point

  • In 2013, China’s fruit consumption reached an estimated US$64.5 billion and had an annual growth rate of 15%

ChinaAg Comment

  • In 2011, China produced 35.9 million metric tons (MTs) of apples or approximately 47% of the global output. In China, the Fuji apple variety accounts for almost 70% of total production (USITC). During the same year, Chinese produced 15.7 million MTs of pear (66% of global output), 11.5 million MTs of peaches/nectarines (53% of global output), 10.7 million MTs of bananas (10% of global output), 9.1 million MTs of grapes (13.2% of global output) and 5.8 million MTs of plums/sloes (51% of global output). China was also a major producer of persimmons and accounted for 76% (or 3.2 million MTs) of global production in 2011.

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