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Projects worth $200m set for Zhoushan signed at CIIE

Updated : 2018-11-13 (chinadaily.com.cn)


Representatives sign projects at the Matchmaking Conference of Zhejiang International Agricultural Product Trade Center in Shanghai on Nov 8. [Photo/ wifizs.cn]

The Matchmaking Conference of Zhejiang International Agricultural Product Trade Center, organized by the Zhoushan local government, opened at the China International Import Expo (CIIE) in Shanghai on Nov 8. 

The conference saw representatives of 49 agriculture-involved companies and associations from 20 overseas countries and regions, including ADM, Bunge, Cargill, Louis Dreyfus, the world's top four grain traders.

Altogether seven projects worth $200 million were signed at the conference, which were related to the import, processing, R&D of such agri-products as aquatic products and meat, as well as the establishment of cold chain centers and logistics parks. 

Notably, the Zhoushan-based Zhejiang Ocean Family Company signed two agreements worth $120 million in total with Cermaq ASA, the third largest salmon farming company from Norway, and a fish dealer from Japan, for purchasing and jointly selling high-quality aquatic products.

The Zhejiang International Agricultural Product Trade Center, located in the China (Zhejiang) Pilot Free Trade Zone in Zhoushan, is devoted to the international trade of meat rich in high-quality animal protein, high-quality vegetables and fruits, as well as bulk grain and oil commodities.

Listed as one of the ten new major measures for the province's opening-up to the outside world, the center has so far realized agricultural product trade of $1.68 billion, and introduced ten companies to settle, hitting 83.3 percent of its full-year target.