Coca-Cola to Invest US$4 Billion in China in Three Years

Coca-Cola will invest $4 billion in China in three years as the beverage maker responds to the nation’s new normal of economic growth with greater innovations and investments. Henrique Braun, president of Coca-Cola Greater China and South Korea, said Coca-Cola continues to be “excited about the growth opportunities in China”…Full Article: China Daily Sept 2015

China to Allow Farmers to Use their Contracted Land and Homes as Collateral For Loans

Chinese farmers will soon be allowed to use their management rights over contracted land and their homes as collateral for bank loans. The trial programs, announced by the State Council on Monday [24 August 2015], are an attempt to revitalize rural land assets, increase the investment in long-term and large-scale agricultural projects, and raise farmers’

Zambia Wants Chinese Investment in Its Agriculture Sector

Zambia’s Agriculture Minister Given Lubinda has urged Chinese investors to tap into the potential of agricultural sector in the southern African country, saying an array of incentives are waiting for them. In a recent interview with Xinhua, Lubinda said Zambia has abundant arable land which has remained unexploited due to constraint funds and out-dated production

China’s NDRC Approves Fund to Spur Agricultural Industrialization

China has earmarked a large fund to invest in agricultural industrialization projects this year, the Ministry of Finance (MOF) announced on Monday [8 June 2015]. The central government plans to provide 4.93 billion yuan ($805.98 million) to ­finance a total of 4,238 ­agricultural projects, including 1,445 planting bases, 1,369 breeding bases and 914 product processing

China Formalizes US$50 Million FAO Agreement

China and FAO signed on Sunday [7 June 2015] a 50-million-US-dollar agreement to support developing countries in building sustainable food systems and inclusive agricultural value chains, recognizing the growing importance of collaboration between Southern countries in the fight against extreme hunger and poverty. China’s new contribution to the FAO-China South-South Cooperation Trust Fund will support

COFCO to Merge its Grain, Oil and Sugar Assets and Seek a Stock Market Listing By 2019

COFCO Corp, China’s largest food company, is setting up a joint venture with sovereign wealth fund China Investment Corp, in preparation of a full listing for its recently acquired grain, oil and sugar assets. According to an agreement signed by the two parties on Thursday, COFCO will control 80.1 percent of the venture, to be

South Korea’s “Foodpolis” Looks to Host Chinese Food Companies

Global food manufacturers find the Chinese market a tough nut to crack. The U.S. government recently complained about China’s subsidies to enterprises including food manufacturers. Last year, E-mart, Korea’s largest supermarket chain, pulled out of China after 17 years of operations there. Despite such difficulties, the Chinese food market, with its 1.4 billion customers, is

For the 12th Year in a Row, China’s “No. 1 Central Document” Focuses on Agriculture and Rural Issues

China will step up reforms and innovation to speed up agricultural modernization in 2015, according to a key policy document released by the Party and government on Sunday [31 January 2015]. As the Chinese economy, under the “new normal,” shifts from high-speed to medium-to-high-speed growth, it has become a key issue to continue consolidating the

America’s Dunkin’ Donuts Announces Plans to Open 1,400 Shops in China Over the Next 20 Years

Hoping to emulate the success of US chains like McDonald’s, Pizza Hut and Starbucks, coffee and baked-goods company Dunkin’ Donuts plans to open 1,400 restaurants in China over the next 20 years. Parent company Dunkin’ Brands Group Inc, based in Canton, Massachusetts, announced on Thursday it has entered into a franchise agreement with a joint