Target: Agribiz firms in US and Germany

In tune with the larger trend of Chinese companies shopping overseas for M&A targets, Shenyang Yuanda Enterprise Group is seeking opportunities this year to acquire advanced agribusiness companies in the United States and Germany this year.

Shenyang Yuanda Enterprise is eyeing more market growth points as China embarks on supply-side reform with gusto. It wants to improve its ability in agricultural environment protection and renewable crop resource utilization.

This reform includes a series of policies to improve the agricultural sector, public services, environmental protection, quality and scale of production and further opening up of Chinese markets for foreign investors.