Agriculture offers big opportunities along Belt & Road

Liaoning Wellhope Agri-Tech Joint Stock Co, a Shenyang-based food and animal feed product manufacturer, will open a feed factory in the Russian Far East in October to enhance its earnings in markets related to the Belt and Road Initiative.

Opportunities are arising from BRI economies' ongoing modernization of livestock and food supply chains, with significant investment funneling into the sector. Food processing is also growing quickly in economies involved in the initiative.

Established in 1995, Wellhope currently owns more than 130 subsidiaries across 29 regions in China. It has established 10 feed processing factories and chicken farms in the Democratic People's Republic of Korea, Nepal, India, Russia, the Philippines and Indonesia.