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Grain and oil products in Hubei first enter Africa market

Source: hubei.gov.cn 07/09/2018 06:07:58

From June 24th to 30th, 2018, Hubei's grain and oil products made debut at the Africa’s Big Seven and a promotion conference in Mozambique organized by the Grain Administration of Hubei Province, marking the first time for Hubei's grain going abroad and actively seeking cooperation with countries and regions along the “Belt and Road”.

At the 37th Africa’s Big Seven in Johannesburg, the largest city of South Africa, 50 kinds of Hubei grain and oil products from 16 enterprises arose great concern. Four companies, such as Jingchu Grain and Oil Co., Ltd. and Qianjiang Jujin Cereals Industry Co., Ltd., reached long-term cooperation intention agreements with African distributors and agricultural enterprises.

At the promotion conference in Mozambique, five companies including Qianjiang Jujin Cereals Industry Co., Ltd. signed a three-year initial cooperation agreement with local enterprises, which led to an intentional transaction of 1.2 billion yuan.

The leading enterprises of agricultural industrialization in Hubei Province are encouraged to go to Mozambique for agricultural development, especially to use existing local farms to deepen cooperation in food planting, processing and trade, so as to open a new chapter in China-Africa food cooperation, according to an official of Grain Administration of Hubei Province.(hubei.gov.cn by Zhang Yawei)