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
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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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