Saturday, December 29, 2007

Learn mandarin - Push to foreigners in agri wholesale

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BIZCHINA / Center

Push to foreigners in agri wholesale

By Fu Jing (China Daily)
Updated: 2007-09-04 10:00

However, Huang said the government has attached great importance to
improving supply chain management, information and "green" techniques.

China has 4,370 wholesale markets nationwide, at which 70 percent of
agricultural product trade happens.

"It will take the wholesale markets in big cities such as Beijing and
Shanghai three to five years to meet advanced international standards,"
said Huang. "And those in less developed regions will take a much longer
time."

Sompong Nimchuar, minister-counselor of the Thai Embassy in China, said
China's plan to expand wholesale markets and attract foreign investment
has brought more opportunities to Thai investors and farmers.

(For more biz stories, please visit Industry Updates)

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