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Article: Agriculture Ministry Calls for More Rural Conglomerates
- Article from:
- Xinhua News Agency
- Article date:
- November 9, 1995
CopyrightCopyright 1995 Xinhua English Newswire. Provided by ProQuest LLC. (Hide copyright information)
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China should develop more conglomerates in its wide rural areas,
Vice-Minister of Agriculture Wan Baorui said.
The first 327 blocs have been announced after a year's assessment.
These conglomerates have as their core rural enterprises with 100
million yuan in capital, 200 million yuan in annual sales income or a
capability to earn 10 million US dollars in foreign exchange.
Rural enterprises, especially those in eastern China, are expected
to form highly ...