Shared prosperity via foodstuffs
By Zhong Nan | China Daily | Updated: 2019-08-12 07:28
Farm products giant COFCO bolsters BRI economies, in the process ensuring China's grain security
COFCO Group, China's biggest agricultural products supplier by sales revenue, will continue investing in economies participating in the Belt and Road Initiative to ensure grain security for China while bringing shared prosperity to others in the long run.
China's consumption upgrade presents many opportunities for BRI economies to export lifestyle-related foodstuffs like sugar, dairy, meat and edible oil to the mainland. Such economies will likely benefit, given their surging production capacity in the agricultural sector, thanks to modern agricultural technologies and solutions made possible by the BRI.
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