China Minsheng on rural economy mission

China Minsheng Investment Group has announced it will carry out a series of public benefit projects to boost the rural economy in collaboration with Thai conglomerate Charoen Pokphand Group. The announcement came after they conducted joint field research in Pingdingshan, Henan province.

The projects cover e-commerce, agricultural education and healthcare. They will first launch in poverty-stricken villages in Henan and later expand to Hebei and Shandong provinces.

For the next three years, a planned 15 billion yuan ($2.36 billion) investment will facilitate local logistics, tourism and new energy development in Henan.