Caixin OnlineBusiness & IndustryTop Stories Industry Investors Plow Money into Farm, Food Sectors
12.16.2011 16:12

Investors Plow Money into Farm, Food Sectors

All kinds of agriculture businesses are benefiting from urbanization and food safety initiatives, attracting investors
By staff reporter Zhu Yishi

What do kiwis and the giant computer manufacturer Lenovo have in common?

Not much, until recently when Lenovo’s parent Legend Holdings joined a growing pack of Chinese investors by pouring money into the nation’s farm, agricultural supplies and food processing sectors.

Legend agreed to invest 400 million yuan in a kiwi growing operation through its subsidiary Beijing Huaxia Liancheng Fruit Trade Co., signing a deal for stakes in orchards with the Zhouzhi County government in Shaanxi Province.

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