Published News » Industry

Breeders, sellers and suppliers face tough times

Losses of poultry-related enterprises nationwide have exceeded 10 billion yuan ($1.6 billion) since the first case of H7N9 bird flu was discovered, according to the National Poultry Industry Association.

With all live poultry stands shut down in regions with H7N9 cases since early this month, poultry breeders, suppliers and sellers are facing
FRENCH food and beverage group Danone will invest 2.6 billion yuan (US$417 million) in two deals to strengthen its presence in China and tap the huge market potential.

Prominent Achiever Ltd, 51 percent owned by China's state-owned agricultural and food company COFCO and 49 percent by Danone, will acquire 8.3 percent in China's largest dairy producer Mengniu Dairy Co from COFCO, according to a
Retailers in China have withdrawn a foreign brand of infant milk formula from shelves following a media scare over its safety.

The Chinese partner of Hero Group, a major Swiss baby formula manufacturer, has been accused of deliberately mislabeling milk powder, and a senior employee has been detained, officials said.

Authorities in Suzhou, where the partner company Xile Lier is based, said t
Call for chinese govt to help firms expand business, investment and reputation overseas

China should introduce legislation to help overseas investment by Chinese companies, as an increasing number extend their global footprint, a national legislator has said.

Nurturing domestic multinational corporations should be a "national strategy", and the government should provide a one-stop service t
The country's exports and imports volume totaled $3.87 trillion last year, and growth slowed sharply from the 22.5-percent rise registered in 2011.

Exports throughout 2012 rose by 7.9 percent year-on-year while imports increased by 4.3 percent, yielding a trade surplus of $231.1 billion, up 48 percent from a year earlier, according to the General Administration of Customs.
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Vic
EXCESSIVE microbes, additives and pesticide residues were blamed for more than 99 percent of food contamination cases last year, the city's food safety watchdog said yesterday.

About 97 percent of food products such as cakes, salad, cooked food and bean products that failed quality checks had excessive microbes, the Shanghai Food Safety Office said.

Excessive microbes are caused by poor hyg
Having closed for renovations last month, this week Bulgari opened the doors of its all-new Plaza 66 flagship in Shanghai with a blowout attended by a bevy of local celebrities and featuring a distinctly serpentine theme. Centered around the lighting of a massive snake feature (identical to those seen at Bulgari flagships in New York, Tokyo and Rome) commemorating the Serpenti collection and comi
It isreported that fast fashion giant ZARA will be opening discount stores in China to digest inventory as Italian brand agent Mario Company said that Inditex, parent company of Zara has authorized it to open discount stores in China.

However, Inditex and Zara (China) haven’t confirmed this news and have emphasized that their outlets in China are all regular chain stores without any franchisi

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