USEUROPEAFRICAASIA 中文双语Français
Home / Youth

Investors bring home the bacon

By Hu Yuanyuan | China Daily | Updated: 2010-01-25 08:01

Is there any business that would make more money than real estate in China at a time when the entire nation seems to be fretting over the unbridled growth in house prices?

The answer, to Addy Zhang, founder of developer Innorich International, is to raise pigs.

Innorich, together with a subsidiary of CIIC Group and Weinan municipal government, plans to build the Yellow River International Food Industrial Park where more than 3 million swine will be slaughtered annually and organic pork production will reach 230,000 tons. The total investment in this project will hit $1 billion, with 31 percent coming from enterprises, 19 percent from the local government and the remaining 50 percent from overseas sources.

Investors bring home the bacon

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US